Description
Great income producing Mixed Use building in prime Lincoln Park location. The Commercial Storefront has a brand new 5 Year NNN Lease at market rate with annual rent escalations. The Storefront underwent significant renovation once the new Tenant occupied (these listing photos do not reflect the space after the Tenant's build out). The 4 apartments are 1bd/1ba w/den with new appliances, hardwood floors, electric heat (Tenants pay their own electric). Free laundry in the basement and 2 parking spaces in the rear. The Storefront's furnace is brand new, installed Jan. 2022. Mid-2019 some tuck pointing was done. Two 75 gal. water heaters replaced in 2017. Right in the heart of all the retail, restaurants, and nightlife that Lincoln Park has to offer. Area tenants include Starbuck's, Athenian Room, Glascott's Bar, Summer House Santa Monica, Cafe Ba-Ba-Reeba, Monica+Andy's, and many more. Very close proximity to Armitage Brown Line, I-90, and Lake Shore Drive, along with many Divvy stands and bus stops.
Location
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