Property Attributes
- MLS#12506614
- TypeCommercial
- Listing Status Active
- CountyCOOK
- CityChicago
- AreaCHI - North Center
- NeighborhoodNorth Center
- Zip60618
- Style
- Year Built2014
- Taxes$ 11476
- Price$ 330,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5750
- Lot Size0.07275 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Perfect commercial condo opportunity for an investor or owner/occupier. The unit is already nicely built out and currently tenanted with a well loved pilates studio (note photos are from prior tenancy). B1-2 zoning which permits a variety of retail uses. Tenant pays $3,150 / month until 10/31/26 and $3,200 / month between 11/01/26 - 10/31/27. There is an option to renew for an additional 3 years at 5 per cent more than the prior year. Tenant pays for all expenses other than Mortgage, Property Tax and HOA. Low HOA fees currently $85.90 per month. Benefits of successful property tax appeal start from 2nd installment of 2025 property taxes.
| Price History | |
|---|---|
| 10/30/2025 | Listed $360,000 |
| 7/8/2026 | 9$330,000 |
General Features
| Cooling | Central Air |
|---|---|
| Year Built | 2014 |
| Electric | Circuit Breakers,Separate Meters |
| Tenant Pays | Air Conditioning,Electricity,Heat |
| Stories Count | 4 |
| Unit Number | C |
| Property Subtype | Condominium |
| Tax Year | 2024 |
| Assoc Fee Paid Per | Monthly |
| County | Cook |
| Net Operating Income | 23806 |
| Property Type | Commercial Sale |
| Status | Active |
| Directions | North on Lincoln Ave. Property located just south of Montrose on East side of Lincoln Ave. |
| City | Chicago |
| MLS Area | CHI - North Center |
| Lot Size Square Feet | 3169 |
| Tax Annual Amount | 11476.83 |
| Additional Parcels Y/N | No |
| Leasable Area | 1230 |
| Virtual Tour | https://smartfloorplan.com/il/v504246/player.pl |
| Standard Status | Active |
| Property Type | Retail/Stores |
Exterior Features
| Building Area Total | 5750 |
|---|---|
| Lot Dimensions | COMMON |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating