Mixed-Use Building With
For Sale
$694,000
5051 N Lincoln Avenue, Chicago, IL 60625
Commercial Sale, Chicago, IL
Property SizeContact for details
Lot Size0.08 Acres
Days on Market34
Property Features for 5051 N Lincoln Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Directions
Lincoln Ave, north of Winnemac
Subdivision
CHI - Lincoln Square
Standard status
Active
APN
13124070110000
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
12187
Utilities
Cooling system
Window Unit(s), Central Air
Amenities
shared laundry with washer and dryer
abundant storage space
large private backyard with patio area
Building Details
Year built
1906
Floors in Building
2
Number of units
3
Building materials
Brick
Listing Agency:
Charles Rutenberg Realty
(630) 929-1100
Listed By:
Peter Faehnrich
(630) 929-1100
Added: Jul 22
Changed: Aug 19
Last Checked: Aug 24 at 8:06PM
MLS# 12711405
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Investment Insights
Based on property information with market context.
Built in 1906, this brick mixed-use property combines a street-facing storefront and office area with two residential apartments. The first-floor apartment includes 2 bedrooms and 1 bathroom, while the second-floor apartment offers the same configuration. Window-unit cooling and central air are included across the property.
A basement extending across the building provides shared laundry with a washer and dryer, along with substantial storage space. Exterior features include a private backyard with a patio and a detached two-car garage. The property is zoned COMMR and is located at 5051 N Lincoln Avenue in Chicago’s Lincoln Square neighborhood, near restaurants, cafes, boutique shopping, parks, and public transportation.
A basement extending across the building provides shared laundry with a washer and dryer, along with substantial storage space. Exterior features include a private backyard with a patio and a detached two-car garage. The property is zoned COMMR and is located at 5051 N Lincoln Avenue in Chicago’s Lincoln Square neighborhood, near restaurants, cafes, boutique shopping, parks, and public transportation.
Key Highlights
- Street‑facing storefront and office component
- Two 2‑bedroom, 1‑bath apartments
- Full‑footprint basement with shared laundry and storage
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
2
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,264
Businesses Nearby
Explore this area
Business Placement
Demographics for 60625, IL
76,525
Population
33,932
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
87%
High-School Grad
3.8 sq mi
ZIP Area
20,138
Density / Sq Mi
$85,299
Median Household Income
$48,314
Median Earnings
$1,455
Median Rent
$396,700
Median Home Value
Market
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Brick property combines a street-facing commercial area with two apartments, basement storage, patio space, and a detached garage.
Where is this mixed-use property located?
The property is located at 5051 N Lincoln Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $694,000.
What are key features of this property?
This property features: Street‑facing storefront and office component; Two 2‑bedroom, 1‑bath apartments; Full‑footprint basement with shared laundry and storage
