Chicago, IL 60659,5824 N Lincoln Avenue
Chicago, IL 60659,5824 N Lincoln Avenue
Chicago, IL 60659,5824 N Lincoln Avenue
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$3,650,000
Est. payment /mo

UPDATED:

10/14/2024 05:07 AM

Key Details

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12182639

Year Built 2023

Tax Year 2022

Lot Dimensions 56 X 108

Property Description

Introducing an exceptional turn-key investment opportunity in the heart of the highly desirable Peterson Park Neighborhood. This new construction 8-unit rental property is fully occupied, making it the ideal choice for 1031 exchanges. Each of the spacious 1,800 sq. ft. units features 3 bedrooms and 2 bathrooms, offering a luxurious living experience with condo-quality finishes throughout. Designed with meticulous attention to detail, these rental units feature an open-concept layout, highlighted by a magnificent kitchen featuring a large 10ft island, sleek quartz countertops, and a premium stainless steel appliance package. Custom cabinetry and a beautifully tiled backsplash add an extra touch of elegance to this culinary haven. Retreat to the spacious primary bedroom, complete with a generous walk-in closet and an ensuite bath with heated floors that exudes sophistication. Refresh in the double vanity and unwind in the walk-in rainfall shower, enhanced by a glass enclosure for a spa-like experience. Each unit offers an oversized private walk-out balcony, and access to the common area rooftop deck space perfect for enjoying outdoor living. With low maintenance and operational costs, this property represents a rare and outstanding investment in a family-friendly community. Don't miss the opportunity to own this turn-key asset designed for long-term profitability and growth

Location

State IL

County Cook

Zoning MULTI

Interior

Cooling Central Air

Fireplace N

Exterior

View Y/N true

Building

Structure Type Brick,Block


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Listed by Roman Popovych • Prodan Realty Inc

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Andy Svalesen

Agent | License ID: 475.198802

+1(312) 248-9882

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5824 N Lincoln Avenue