Property profile

4010 Lincoln Ave Chicago, IL 60618

OFF-MARKET
Banks
Property ID
US28-1366412
0.07 ac lot Built 1961
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail space, located at 4010 N Lincoln Avenue in Chicago's vibrant North Center neighborhood, presents a unique opportunity for a discerning business. Situated in Cook County, Illinois, this property boasts a convenient location with easy access to major transportation routes. The building features a total of 1 square foot of retail space, currently entirely vacant and ready for immediate occupancy. The property is classified as a retail space with apartment subtypes, indicating a potential for mixed-use development or unique tenant synergy. While the total square footage is listed as 1 square foot, further clarification on the exact dimensions and layout is available upon request. The building includes elevators, a significant advantage for accessibility and potential multi-level use. The property is offered for lease, providing an ideal entry point for businesses seeking a high-visibility location in a thriving Chicago neighborhood. The zip code is 60618. This listing presents a rare chance to secure a prime retail location in a desirable area of Chicago. Interested parties are encouraged to inquire for detailed specifications and lease terms. The property is in Cook County, Illinois.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1961
Lot 0.07 ac (3,125 SF)
APN 10-27-431-036
UPID US28-1366412

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Spa & Massage Center Alternative Medicine Practice

Location

4010 Lincoln Ave Chicago, IL 60618-0909
Chicago metro Census 50200 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$895k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$730k

Owner & transaction history

since 2023
Last sale
$950,000
3 recorded transactions
2023
$950,000
2020
Price N/A
2019
$649,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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