Three-Store Brick Retail
5419 N Lincoln Avenue, Chicago, IL 60625
For Sale
$749,000
Tenant-occupied spaces and on-site parking serve this Lincoln Avenue property.
Property Size3,720 SF
Price / SF$201.34
Days on Market52
Property Features for 5419 N Lincoln Avenue
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Site & Location
Neighborhood
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Units
Construction
Tenancy
Listing Agency:
Gil & Gil Group Corp.
Listed By:
Nelson Sosa
(773) 457-6502
Source:
Icandyrealty
Added: Sep 22
Changed: Nov 11
Last Checked: Nov 11 at 9:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gil & Gil Group Corp.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This single-story brick retail property contains three tenant-occupied storefronts at 5417–5421 N Lincoln Avenue. The building was constructed in 1961 and has 3,720 square feet of space. Zoning is designated COMMR.
Eight on-site parking spaces are available, with street parking also present along Lincoln Avenue.
Eight on-site parking spaces are available, with street parking also present along Lincoln Avenue.
Key Highlights
- Three storefronts at 5417–5421 N Lincoln Avenue
- 3,720 square feet in a single‑story brick building
- All three storefronts are tenant‑occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,465
Cap Rate
6.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,029,300
$1.0M
Cap Rate 7%
$735,214
$735.2K
Cap Rate 9%
$571,833
$571.8K
Market Conditions
NOI Build-Up for 3,720 SF
Gross rent
$80.4K $21.60/SF
− Vacancy
−$6.8K −$1.84/SF
EGI
$73.5K $19.76/SF
− OpEx
−$22.1K −$5.93/SF
NOI
$51.5K $13.83/SF
Area
Chicago, IL
Vacancy
8.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,029,300
Cap Rate 7%
$735,214
Cap Rate 9%
$571,833
Alternative Uses
Best Use
Retail
$735.2K
$643.3K – $857.8K
NOI $51,465 @ 7.0% cap · market cap 6.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.75M
$1.53M – $2.05M
NOI $122,778 @ 7.0% cap · market cap 16.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,443
Businesses Nearby
92k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 51%
Shops & Services 45%
Electronics 3%
Dining 1%
Tony's Fresh Market
Groceries
46,822 visits/mo
0.2 miles
Dollar Tree
Shops & Services
9,356 visits/mo
0.1 miles
7-Eleven
Shops & Services
8,529 visits/mo
0.2 miles
Mobil
Shops & Services
8,368 visits/mo
0.2 miles
Shell
Shops & Services
6,656 visits/mo
0.3 miles
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
$396,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Storefront properties in Chicago, IL
Properties on Market for Storefront properties in Chicago
Vacancy Rate% for Retail in Chicago, IL
Similar Off Market Nearby
- Christmas Tree 🎄 Lot — 2018 W Lawrence Ave, Chicago, IL 60625
- Luna Flowers Shop — 5000 n lincoln ave, chicago, il 60625
- Luna Flowers Chicago — 5000 N Lincoln Ave, Chicago, IL 60625
Frequently Asked Questions
What type of property is this?
Storefront property - Tenant-occupied spaces and on-site parking serve this Lincoln Avenue property.
Where is this storefront property located?
The property is located at 5419 N Lincoln Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Three storefronts at 5417–5421 N Lincoln Avenue; 3,720 square feet in a single‑story brick building; All three storefronts are tenant‑occupied
