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    6731-6735 Lincoln Ave Lincolnwood, IL 60712

    Sponsored
    For Sale
    $2,499,000

    Lincoln Ave. Office & Warehouse, $2.5M

    Property size:
    10,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional Lincolnwood investment opportunity presents two buildings totaling 10,500 square feet on a 15,000-square-foot lot. The property features a two-story office building and an adjacent single-story retail/warehouse building, both situated in a high-traffic commercial and retail district on Lincoln Avenue. Ample parking is available both in front and rear of the buildings. Built in 1958, this property offers buyers and investors the flexibility to redevelop the site or continue/modify the existing office and warehouse uses. The location boasts a dense concentration of residential, business, and professional establishments, ensuring high visibility and accessibility. Conveniently located minutes from major roads and interstates I-90 and I-94, this property is also within a 15-20 minute commute to downtown Chicago and O'Hare International Airport. The property consists of two buildings on four separate parcels with APNs: 10353000130000, 10353000140000, 10353000150000, and 10353000160000. The asking price for this owner-user investment is $2,499,000.

    Property Features for 6731-6735 Lincoln Ave

    General Information

    Property type
    Land
    Square Feet
    10,500 SF

    Building Details

    Year Built
    1958
    Buildings
    2
    Stories
    2
    Units
    2

    HighLights

    • Lincolnwood commercial/retail property on Lincoln Ave.
    • Two‑building package: a two‑story office building and an adjacent single‑story retail/warehouse.
    • Ample front and rear parking.
    • Approximately 15,000+ sq. ft. lot.
    • Approximately 10,500+ sq. ft. of building space.
    • Redevelopment or continued/modified use options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lincolnwood
    County
    Cook
    State
    Illinois
    Longitude
    -87.7278693
    Latitude
    42.0033998

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    FAQs

    What type of property is this?
    Land - Lincoln Ave. Office & Warehouse, $2.5M
    Where is this land located?
    The property is located at 6731-6735 Lincoln Ave Lincolnwood, IL.
    What is the asking price?
    The asking price for this property is $2,499,000.
    What are key features of this property?
    This property features: Lincolnwood commercial/retail property on Lincoln Ave.; Two-building package: a two-story office building and an adjacent single-story retail/warehouse.; Ample front and rear parking.
    Request Owner's contact information
    6731-6735 Lincoln Ave Lincolnwood, IL 60712
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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
    6731-6735 Lincoln Ave Lincolnwood, IL 60712
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