5107 North Lincoln Avenue Chicago, IL 60625

$1,250,000
0.17
Acres
$1,250,000
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Located on Lincoln Ave., just north of Lincoln Square & the Brown line with new condo & retail developments in process throughout the area, this mixed-use property on a double lot, features 2 storefronts, 4 apartments, & a 12 car parking lot. This great investment opportunity offers the next owner many options. The main floor offers 2500 sq. feet of retail/store space. The 5109 storefront is currently vacant. The building owner has operated St. Pauli Bar here since 1979 The unique oval wood bar, most of the fixtures & a 4 am liquor license are included in the sale. The 5107 storefront is currently occupied by a cleaners/alterations store on a month-to-month lease. A full unfinished basement is accessible from the interior through the 5107 storefront & from the exterior. The 12-car parking is accessed through the alley. There are 4-5 room, 2 bedroom, 1 bath units. The apartments all have separate utilities & feature original woodwork and doors, generous closet space & artificial fireplaces on the south side of the building. The owner lives in one unit, the other 3 are vacant. The building has been tuck pointed and has a rebuilt chimney and front facade. The rubber roof was recoated in 2017. The exterior wood porch was painted & stairs were replaced as needed-2015.

Located on Lincoln Ave., just north of Lincoln Square & the Brown line with new condo & retail developments in process throughout the area, this mixed-use property on a double lot, features 2 storefronts, 4 apartments, & a 12 car parking lot. This great investment opportunity offers the next owner many options. The main floor offers 2500 sq. feet of retail/store space. The 5109 storefront is currently vacant. The building owner has operated St. Pauli Bar here since 1979 The unique oval wood bar, most of the fixtures & a 4 am liquor license are included in the sale. The 5107 storefront is currently occupied by a cleaners/alterations store on a month-to-month lease. A full unfinished basement is accessible from the interior through the 5107 storefront & from the exterior. The 12-car parking is accessed through the alley. There are 4-5 room, 2 bedroom, 1 bath units. The apartments all have separate utilities & feature original woodwork and doors, generous closet space & artificial fireplaces on the south side of the building. The owner lives in one unit, the other 3 are vacant. The building has been tuck pointed and has a rebuilt chimney and front facade. The rubber roof was recoated in 2017. The exterior wood porch was painted & stairs were replaced as needed-2015.

  • Neighborhood
  • Type
  • County
    Cook
  • Area
    CHI - Lincoln Square
  • Tax Amount
    $6,854
  • Status
    Pending
  • Listing #
    11660727
  • Built
    1915
  • Lot Size
    0.17
  • Listed on site
    534 days

Listed by:
Baird & Warner

mls source logo © 2020 Midwest Real Estate Data LLC. All rights reserved. Listing courtesy of Baird & Warner.
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Property details

Community Features

  • No HOA

Exterior features

  • No Pool

Interior Features

  • Central Air Conditioning
  • Fire Place

Property History

DateDays AgoEventNew Price
Jul 17, 20239 mos agoPrice decreased50,000 (4%)$1,250,000
Jun 5, 202311 mos agoPrice decreased50,000 (4%)$1,300,000
Feb 8, 20231 yr agoPrice decreased50,000 (4%)$1,350,000
Nov 2, 20221 yr agoNew on market$1,400,000
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