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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.

Property Facts

Sale Type
Investment
Property Type
Office
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
Walk Score ®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 10-35-314-056-0000
  • 10-35-314-057-0000
Land Assessment
$128,538
Improvements Assessment
$234,203
Total Assessment
$362,741
  • Listing ID: 33058762

  • Date on Market: 8/4/2023

  • Last Updated:

  • Address: 6609 N Lincoln Ave, Lincolnwood, IL 60712

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