Closed

$1,259,000

5439 Lincoln Avenue, Chicago, IL 60625
4 Beds7 Baths7 days
5439 Lincoln Avenue·Chicago, IL 60625
4Bedrooms
7Bathrooms
2008Year Built
About This Home

Lincoln Square Exceptional Jumbo Luxury 3 Unit Condo Quality Building walking distance to Brown Line, Metra, and new proposed Lincoln Square shopping development on Western Ave and Lincoln Ave. Three new condo developments coming soon on LincolnAve; one 50 feet north of 5439 and the others two blocks south on Lincoln, TIF Area, Hot Location.Building features huge 2 bedroom units with 2.5 bathrooms each. Each of the 3 Units are large 1,650 Sq Ft units. 3 Parking spaces in rear. Additional features include walkup from front entrance stairway straight up to roof, perfect candidate to add Rooftop Deck for entertaining, 360 degree views of City. Low cost building to operate, each unit has separate GFA heat, Central Air, separate gas and electric. Great scheduled income with low cost building to operate. Better layout and finishes than most existing condos on the market. Absolutely looks like it was was completed yesterday, excellent condition. Apartments feature open floor plan, 10 foot ceilings, inviting warm wood trim, architectural windows and doors, decorative hardwood floors, inspiring curved ceilings, fireplace, modern appliances, side-by-side washer/dryer, decks and private balcony, and more. Chef's Kitchen features SS appliances, high-end kitchen cabinets, long breakfast bar counter for entertaining and eating, & much more. Bathrooms feature exceptional vanity cabinets and fixtures, decorative marble. When you consider the inflated material costs and expenses now to build a new building similar to this, you will understand this is a far greater value considering it is Turnkey. **PRICED BELOW COST TO BUILD SAME BUILDING NEW TODAY IN THIS HOT AREA ** EXCEPTIONAL VALUE......PERFECT 1031 EXCHANGE candidate. Gross Scheduled Income $94,890, separate utilities except water, Net Scheduled Income $81,408.

MLS# 11649026Listed October 10, 2022Residential IncomeGreystone
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms7
Total Rooms11

Size & Structure

Year Built2008
Lot Size0.050 acres

Location

CountyCook
TownshipNorth Chicago
Zip Code60625

Financial

List Price$1,259,000
Annual Taxes (2020)$9,486
Monthly Tax Est.$791
Parcel #13122160080000
Interior Features

Appliances

Humidifier

Heating

Natural GasForced AirSep Heating Systems - 2+Indv Controls

Basement

None
Exterior & Lot

Construction

BrickStoneLimestone

Roof

Flat

Foundation

Concrete Perimeter

Exterior Features

BalconyRoof Deck

Patio & Porch

DeckPatio
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

AssignedUnassignedOff AlleyAlley AccessDirect AccessOn SiteOwned
HOA & Community

Community Features

CurbsSidewalksStreet LightsStreet Paved
Tax & Financial
Annual Taxes
$9,486
Tax Year 2020
Monthly Tax Est.
$791
per month
Property Location

5439 Lincoln Avenue, Chicago, IL 60625Cook County

$1,259,000
5439 Lincoln Avenue
4 bd7 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
7 days on market
0.050 acres
$9,486/yr taxes
$7,407
estimated monthly payment
Principal & Interest
$6,617/mo
Property Tax
$791/mo
$1,259,000
20% — $251,800
3%50%
6.875%
3%12%
Loan Amount
$1,007,200
Down Payment
$251,800

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Coldwell Banker Realty
Agent: Demetrios Chronis
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