Foreclosure - Waterfront
Address
5035 N Lincoln Avenue NE, Chicago, IL
Price
$ 4,900,000
Property Attributes
- MLS#11296943
- TypeLand
- CountyCOOK
- CityChicago
- AreaCHI - Lincoln Square
- Zip60625
- StyleCondominium,Multi-Family
- Taxes$ 66940
- Price$ 4,900,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.65 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Redevelopment Site located along Lincoln Ave within the Lincoln Square neighborhood of Chicago, IL. Bank Owned. Four city lots, 2 lots have foundations while 2 lots have been improved with exterior brick shell up to level 3. Previous development program was for 24 total units, each lot was programed for 6 total condominium units comprised of two 4BR duplex downs and four 3BR simplex units. Site was rezoned to B2-3.
| Price History | |
|---|---|
| 1/3/2022 | Listed $5,990,000 |
| 3/16/2022 | 19% - $4,900,000 |
General Features
| Additional Parcels Y/N | No |
|---|---|
| City | Chicago |
| County | Cook |
| Current Use | Condominium, Multi-Family |
| Days on Market | 123 |
| Directions | Head north on Lincoln Ave to Winnemac. |
| Elementary School District | 299 |
| High School District | 299 |
| MLS Area | CHI - Lincoln Square |
| Middle/Junior School District | 299 |
| Ownership | Fee Simple |
| Possession | Immediate |
| Possible Use | Commercial, Condominium, Development, Residential, Multi-Family, Single Family, Retail |
| Property Type | Land |
| Property Type | Land |
| Standard Status | Active |
| Status | Active |
| Street Name | Lincoln |
| Tax Annual Amount | 66940 |
| Tax Year | 2020 |
| Township | North Chicago |
| Utilities | Electric to Site, Gas to Site, Sanitary Sewer, Sewer-Storm Available, Water to Site |
| Waterfront Y/N | Yes |
| Zoning | OTHER |
Interior Features
| Street Suffix | Avenue |
|---|
Exterior Features
| Frontage Length | 253 |
|---|---|
| Frontage Type | City Street |
| Lot Dimensions | 137 X 253 X 125 X 196 |
| Lot Size Acres | 0.65 |
| Road Surface Type | Asphalt |
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
Property vs Land Average in 60625
Price
Taxes
Visits
Walkscore
Midwest Real Estate Data (MRED) 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 to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than LW Reedy may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2022 All rights reserved.Based on information submitted to the MLS GRID as of August 18, 2022 12:54 PM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice.
Data is updated as of August 18, 2022 12:54 PM UTC
