Accepting Backups
3740 Lincoln Avenue
Chicago, IL 60613
$670,000
0beds
0baths
—sqft
Ask Dwello about this home
Anything from "is it priced right?" to "what's the catch?"
About this home
Now reduced to 670k with an impressive 8.74 CAP. Perfect Armchair investment or 1031 exchange property. 3,100 sq feet of commercial space on bustling Lincoln Avenue divided into two individual storefronts. Established tenants since 2019 with newer 5 year leases until 2030. Unique property with over 130 ft of road frontage that allows for tremendous exposure and excess amounts of natural light in both spaces. Both spaces were built out in 2019-2020 with updated flooring, bathrooms, paint, etc. The building also had a new full tear-off roof installed in 2021. Management company already in place if new owner wishes to continue. There are also two deeded garage parking spaces included in the price . Offered with a very attractive CAP rate and annual rent escalations. Ideally situated just 1 mile west of Wrigley field and a six minute walk to Addison brown line. Please do not disturb or make any inquiries from current tenants. All inquiries should be made only to the listing broker
MLS Description — as provided by the listing brokerage.
The facts
Property typeCommercial Sale
Year built2006
Lot size—
Annual tax$23,090.65
CountyCook
MLS #MRD12564187
Days on market76
Features
Cooling
Central AirCentral Individual
Utilities
Electric to SiteNatural Gas AvailableWater Available
Construction
Brick
Listed by
Fahy Real Estate Inc
Kieran Fahy
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/26/2026, 2:26:02 PM. All data should be independently verified.
This home is under contract but the seller is accepting backup offers. Contact a dwello agent to submit.
You + your agent
What do you think?
React below so your dwello agent knows how you feel. Leave a note to start a conversation about this home.
Loading…
More homes you might like