Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
For Sale
62 Properties Within 0.5 miles of: 1851 N Lincoln, Chicago

1851 N Lincoln
Chicago, IL 60614

  • Built In 1925
Price

$1,565,000

Est Payment
$11,316 / month (details)  
Taxes
$26,117  
Type
Mutli Family  
Sq. Ft.
n/a  
Lot Size
40X57X42X85  
Built
1925  
Neighborhoods
Old Town, Lincoln Park, Old Town Triangle  
MLS
#10804691
Status
Sold (10/9/2020)

Property Description

Six units in two, side-by-side classic Chicago row homes makes this an incredible investment offering (1849 & 1851 N Lincoln Ave.) Several options for investors here including: 1. Keep the six units leased and cash flow on this turnkey investment opportunity. 2. Convert select units into Airbnb rentals for additional cash flow opportunities. 3. Convert the properties back to multimillion dollar single family homes. Once single family homes the properties were converted to three units in each building spread over three floors under single ownership being sold as a package. All six units share an incredible roof top deck. The property has undergone several renovations including a new boiler (2020), roof resurfacing (2018), Facade redone (2017), tuck pointing (2018), common areas redone (2019), furnace replaced (2019). Ideal Lincoln Park location just two blocks from the park, beach and Gold Coast shopping.

Property Map

Property Details

Utilities

  • Heating
  • Cooling
  • Water
  • Sewer

Additional Information

Payment Calculator

$
$
$
$
$
%
$
years
%
Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

08-03-2020 Listed at $1,700,000
08-07-2020 Status changed to Under Contract
10-10-2020 Status changed to Closed
10-09-2020 Sold at $1,565,000
Last Modified 10/10/20 5:37 PM

Nearby Transportation

  • Bus 73 < 0.1 mi
  • Bus 36 < 0.1 mi
  • Bus 22 < 0.1 mi
  • Bus 151 0.1 mi
  • Bus 156 0.1 mi
  • Bus 37 0.2 mi
  • Bus 9 0.4 mi
  • Bus 72 0.4 mi
  • Bus 0.4 mi
  • Bus 74 0.6 mi
  • Bus 8 0.7 mi
  • Bus 143 0.7 mi
  • Bus 134 0.7 mi
  • Bus 76 0.7 mi
  • Bus 70 0.9 mi
  • Brown Line 0.4 mi
  • Purple Line 0.4 mi
  • Red Line 0.8 mi
  • ZipCar 0.2 mi
  • I 90 West 1.5 mi
  • I 94 West 1.5 mi
  • I 90 East 1.6 mi
  • I 94 East 1.6 mi
  • I 290 East 2.8 mi
  • I 290 West 3.0 mi
  • I 55 North 4.3 mi
  • I 55 South 4.3 mi
grid
Register to see 0 more properties