6609 N Lincoln Ave
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6609 N Lincoln Ave
14,503 SF Office Building Lincolnwood, IL 60712 $1,699,000 ($117/SF) 8.48% Cap Rate
Investment Highlights
- Multiple Use Building
- Ample Space for Storage
- Drive-in Door with Trailer Dock
- Fenced Lot
Executive Summary
Versa Real Estate Services, the exclusive listing agent, is pleased to present a unique opportunity to acquire the fee simple interest in 6609 N Lincoln Ave in Lincolnwood, Illinois. This property is conveniently located on N Lincoln Ave just off of W Devon Ave with easy access to I-294.
6609 N Lincoln Ave is a spacious multi-tenant office flex building encompassing 14,503 SF located in a booming commercial area. Constructed in 1963, it features a drive-in door, trailer dock, and ample storage space. This property represents an excellent opportunity for an owner/occupant to utilize up to 14,503 SF while benefiting from rental income generated by other tenants.
6609 N Lincoln Ave is a spacious multi-tenant office flex building encompassing 14,503 SF located in a booming commercial area. Constructed in 1963, it features a drive-in door, trailer dock, and ample storage space. This property represents an excellent opportunity for an owner/occupant to utilize up to 14,503 SF while benefiting from rental income generated by other tenants.
Property Facts
Sale Type
Investment
Property Type
Building Size
14,503 SF
Building Class
B
Year Built
1965
Price
$1,699,000
Price Per SF
$117
Cap Rate
8.48%
NOI
$144,000
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
14,503 SF
Slab To Slab
11’
Building FAR
0.72
Land Acres
0.46 AC
Zoning
N/Av, Lincolnwood
Parking
11 Spaces (0.76 Spaces per 1,000 SF Leased)
Amenities
- Property Manager on Site
- Security System
- Air Conditioning
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Walk Score ®
Very Walkable (76)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $234,203 | |
Land Assessment | $128,538 | Total Assessment | $362,741 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$128,538
Improvements Assessment
$234,203
Total Assessment
$362,741
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6609 N Lincoln Ave
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