7373 N Lincoln Ave
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7373 N Lincoln Ave
11,317 SF 60% Leased Office Building Lincolnwood, IL 60712 $1,500,000 ($133/SF)
Investment Highlights
- single user HQ building or multi-tenant configuration
- ample on-site parking + additional street parking
- adjacent to newly constructed District 1860 shops
- move in condition with recently remodeled interiors + exterior
- high ceilings and abundant natural light throughout
- less than 1 mile to I-94/Touhy four-way interchange
Executive Summary
Rare opportunity to acquire a freestanding 11,000+ square foot recently remodeled office building in prime Lincolnwood location. Originally built as single tenant HQ building but reconfigured as multi-tenant offices. This is a two story walk up building with lots of windows and high ceilings throughout plus a keyless access system. Abundant on-site parking + additional street parking. Located on Lincoln Ave between Touhy and Skokie Blvd/Howard and less than a mile to I-94/Touhy interchange. Multiple public transportation options and bus routes in close proximity to site. Adjacent to the new 'District 1860' development with numerous stores and food options
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$63,528
|
$5.61
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$63,528
|
$5.61
|
Financial Summary (Actual - 2023)
| Taxes | |
|---|---|
| Annual | $63,528 |
| Annual Per SF | $5.61 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $63,528 |
| Annual Per SF | $5.61 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
11,317 SF
Building Class
B
Year Built
1964
Price
$1,500,000
Price Per SF
$133
Percent Leased
60%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,659 SF
Building FAR
0.58
Lot Size
0.45 AC
Zoning
O - Office
Parking
36 Spaces (3.18 Spaces per 1,000 SF Leased)
Amenities
- Signage
- High Ceilings
- Natural Light
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Perfect mix of priovate offices and open space for work stations for numerous office uses.
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 4,500 SF | Office | - | Now |
2nd Floor
| Size |
| 4,500 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1 of 7
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2nd Floor
| Size | 4,500 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
Perfect mix of priovate offices and open space for work stations for numerous office uses.
1 of 1
PROPERTY TAXES
| Parcel Number | 10-27-312-028-0000 | Total Assessment | $237,583 (2024) |
| Land Assessment | $67,424 (2024) | Annual Taxes | $63,528 ($5.61/SF) |
| Improvements Assessment | $170,159 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
10-27-312-028-0000
Land Assessment
$67,424 (2024)
Improvements Assessment
$170,159 (2024)
Total Assessment
$237,583 (2024)
Annual Taxes
$63,528 ($5.61/SF)
Tax Year
2023
1 of 8
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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7373 N Lincoln Ave
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