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
AVG $1.38M
$4.9M
Taxes
AVG $18,564
$66,940
Visits
AVG 145
135
Walkscore
AVG 91
94
Data Provided by Walkscore ® not using MLS data

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