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    5765 Lincoln Ave Chicago, IL 60659

    Sponsored
    For Lease
    $21 SF/Yr

    Chicago Office Space: Flexible Options

    Lot size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional two-story commercial office building, located at 5765 N Lincoln Ave in Chicago's Peterson Park/West Ridge neighborhood (Cook County, IL, zip code 60659), offers a diverse range of office spaces ideal for various businesses. The 15,000 square foot building features 25 suites, with a minimum divisible space of 200 square feet and a maximum contiguous space of 300 square feet, providing flexibility for businesses of all sizes. Built in 1960, the building boasts recently updated common areas and bathrooms, ensuring a modern and comfortable environment. Tenants benefit from included heat and AC, as well as janitorial services. Security is enhanced with digital access, and ample parking is available, including a tenant parking lot and free street parking for guests. The building's prime location enjoys high visibility, with over 19,600 vehicles passing daily, and convenient access to public transportation (the #11 Lincoln Ave Bus). Its proximity to Lincolnwood, Skokie, Lincoln Square, and Rogers Park adds to its appeal. The building is zoned B3-2 and serviced by Com Ed. While there are no elevators, the building's two stories offer convenient access. The property includes 30 total parking spaces. This is a fantastic opportunity for businesses seeking a well-maintained, conveniently located office space in a thriving Chicago neighborhood.

    Property Features for 5765 Lincoln Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,000 SF
    Total Rate
    26250

    Building Details

    Year Built
    1960
    Stories
    2

    Unit(s) available at that property

    Space
    Available Space 3 (Unit #22)
    Size
    330 SF
    Rate per SF
    $21
    Space
    Available Space 2 (Unit #15)
    Size
    200 SF
    Rate per SF
    $33

    HighLights

    • Modern restrooms and updated fixtures.
    • Secure access with intercom and key fob entry.
    • On‑site tenant parking available.
    • Excellent Lincoln Avenue location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pond Ripple Media, ... Video Production Service Princeton Insurance Agency ... Insurance Agency Pinkiee Boutique Boutique 24/SEVEN Health Care ... Home Health Care Service Choice Home Health ... Home Health Care Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.700190195113
    Latitude
    41.985999932137

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    FAQs

    What type of property is this?
    Office space - Chicago Office Space: Flexible Options
    Where is this office space located?
    The property is located at 5765 Lincoln Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $21-$33 SF/Yr.
    What are key features of this property?
    This property features: Modern restrooms and updated fixtures.; Secure access with intercom and key fob entry.; On-site tenant parking available.
    Request Owner's contact information
    5765 Lincoln Ave Chicago, IL 60659
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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
    5765 Lincoln Ave Chicago, IL 60659
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