5875 N Lincoln Ave Chicago, IL 60659

This property consists of four tax pins. The first, #13-01-305-049, encompasses 8,773 square feet of land. The second, #13-01-305-050, includes 11,700 square feet of land. The third, #13-01-305-045, is 2,923 square feet of land, and the fourth, #13-01-305-046, is 4,870 square feet of land. The property is zoned B3-2, which permits apartments above the ground floor. Currently, 56 out of 62 units are leased, representing a 94% occupancy rate. Leases contain remodel, demo, and relocation clauses. The property includes 45 private parking stalls, with additional street parking available along Lincoln and Richmond Streets. Public transportation is accessible via the #11 bus route and a one-block walk to the #84 bus route. Wrigley Field is located 4.2 miles southeast. The Edens Expressway (I-94) is 2.3 miles to the west, approximately a 6-minute drive, and Lake Shore Drive (Rt 41) is 2.9 miles to the east, about a 10-minute drive. Northeastern Illinois University (NEIU) is 1.1 miles to the southwest. The surrounding area within a 2-mile radius has a population of 196,181 with 74,002 households, while the population within a 5-mile radius is 957,827 with 383,557 households. The average household income is $96,035 and $105,453 respectively. There are 6,489 businesses in the 2-mile radius and 33,791 in the 5-mile radius. Traffic counts at Lincoln Avenue and Richmond Street are 29,589 vehicles per day.