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    5582 N Lincoln Ave Chicago, IL 60625

    For Lease
    $22 SF/Yr

    Retail/office space with storage in prime location.

    Property Features for 5582 N Lincoln Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    2006

    Source: BERKSHIRE HATHAWAY HOMESERVICES CHICAGO Agent EMIR VULIC

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Modern Space on Lincoln Avenue

    This modern first-floor space, situated in a prime location on Lincoln Avenue, offers 1,261 square feet of space. An additional 1,000 square feet of lower-level storage is available. Large display windows with awnings provide natural light and attract foot traffic. The space is equipped with central A/C and heat, a kitchenette with a fridge and sink, a bathroom, and a water fountain. The property is suitable for retail, office, or salon use. Rent includes two rear parking spaces, water, and gas. Street parking is available for customers and staff. Tenants are responsible for taxes and electricity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6952733
    Latitude
    41.9828534

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    FAQs

    What type of property is this?
    Retail space - Retail/office space with storage in prime location.
    Where is this retail space located?
    The property is located at 5582 N Lincoln Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - Prime Lincoln Ave location with excellent visibility and high foot traffic.; - 1,261 sqft of first-floor space plus 1,000 sqft of lower-level storage.; - Suitable for retail, office, salon, or other uses.
    (312) 944-8900
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5582 N Lincoln Ave Chicago, IL 60625
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