Property Attributes
- MLS#12506614
- TypeCommercial
- Listing Status Active
- CountyCOOK
- CityChicago
- AreaCHI - North Center
- NeighborhoodNorth Center
- Zip60618
- Style
- Year Built2014
- Taxes$ 11476
- Price$ 330,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5750
- Lot Size0.07275 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Perfect commercial condo opportunity for an investor or owner/occupier. The unit is already nicely built out and currently tenanted with a well loved pilates studio (note photos are from prior tenancy). B1-2 zoning which permits a variety of retail uses. Tenant pays $3,150 / month until 10/31/26 and $3,200 / month between 11/01/26 - 10/31/27. There is an option to renew for an additional 3 years at 5 per cent more than the prior year. Tenant pays for all expenses other than Mortgage, Property Tax and HOA. Low HOA fees currently $85.90 per month. Benefits of successful property tax appeal start from 2nd installment of 2025 property taxes.
| Price History | |
|---|---|
| 10/30/2025 | Listed $360,000 |
| 7/8/2026 | 9$330,000 |
General Features
| Cooling | Central Air |
|---|---|
| Year Built | 2014 |
| Electric | Circuit Breakers,Separate Meters |
| Tenant Pays | Air Conditioning,Electricity,Heat |
| Stories Count | 4 |
| Unit Number | C |
| Property Subtype | Condominium |
| Tax Year | 2024 |
| Assoc Fee Paid Per | Monthly |
| County | Cook |
| Net Operating Income | 23806 |
| Property Type | Commercial Sale |
| Status | Active |
| Directions | North on Lincoln Ave. Property located just south of Montrose on East side of Lincoln Ave. |
| City | Chicago |
| MLS Area | CHI - North Center |
| Lot Size Square Feet | 3169 |
| Tax Annual Amount | 11476.83 |
| Additional Parcels Y/N | No |
| Leasable Area | 1230 |
| Virtual Tour | https://smartfloorplan.com/il/v504246/player.pl |
| Standard Status | Active |
| Property Type | Retail/Stores |
Exterior Features
| Building Area Total | 5750 |
|---|---|
| Lot Dimensions | COMMON |
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
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update September 28, 2026 1:04 PM UTC
The content relating to real estate for sale and/or lease on this Web site comes in part from
the Internet Data eXchange ("IDX") program of the Northwest Indiana REALTORS® Association Multiple Listing Service ("NIRA MLS"). and is communicated verbatim, without change, as filed by its members. This information is being provided for the consumers' personal, noncommercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing
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