Listing provided courtesy of Berkshire Hathaway HomeServices ChicagoMREDas Distributed by MLSGrid- MLS# 12576524
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Request Info5582 N Lincoln Avenue #C2Chicago, IL 60625
Commercial · 2,183 Sq. ft.$375,000
Active
5582 N Lincoln Avenue #C2 Overview
- Time on Site:
- 124 days
- Visits:
- 6
Prime Lincoln Avenue location with great visibility. This modern first-floor space offers 1,261 sq ft plus 922 sq ft of lower level storage, ideal for boutique retail, cafe, salon, spa, yoga or fitness studio, professional office, therapy or medical practice, real estate or insurance office, or other neighborhood-serving commercial uses permitted under B2-3 zoning. Large display windows with awnings provide strong street presence and natural light. The space features central A/C and heat, a kitchenette with sink and refrigerator, a bathroom, and a water fountain. Two rear parking spaces are included, with ample street parking nearby for customers or clients. Offered for sale at $375,000 or for lease at $1,500 per month NNN, with estimated NNN expenses of approximately $845 per month (property taxes and HOA). Tenant responsible for electricity. Estimated total monthly occupancy cost is approximately $2,345 per month plus electric. A solid opportunity on Lincoln Avenue.
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5582 N Lincoln Avenue #C2 Facts & Features
- Type Commercial
- Sq. ft. 2,183
- Price/Sq.ft. $172
Details
General
Income/Expenses
- Existing Lease Type: Net
- Gross Income: 1500
- Gross Scheduled Income: 18000
- Net Operating Income: 18000
- Operating Expense: 0
Building Information
- Year Built: 2006
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - Lincoln Square
- Township: Jefferson
Rent/Lease Information
- Tenant Pays: Air Conditioning, Electricity, Heat, Janitorial Service, Taxes, Insurance, Varies by Tenant, All Utilities
Tax Information
- Tax Annual Amount: $5,547.05
- Tax Year: 2024
General Information
- Parcel Number: 13122010561037
- Possible Use: Commercial,Office,Retail,Special Use
- Property Sub Type: Condominium
- Property Type: Commercial Sale
- Zoning: OFFIC
Interior
Building Interior
- Building Area Total: 2183
General Information
- Cooling: Central Air, Central Individual
- Electric: Circuit Breakers, Separate Meters
- Flooring: Carpet, Concrete
- Foundation Details: Concrete Perimeter
- Leasable Area: 1261
- Stories: 5
Unit Information
- Unit SqFt.: 1261
- Unit Number: C2
Exterior
Lot Information
- Additional Parcels: No
- Frontage Type: City Street
- Lot Size Dimensions: COMMON
- Lot Size Square Feet: 25000
- Water Source: Municipal Water
Building Exterior/Construction
- Construction Materials: Brick, Concrete, Other
- Roof: Fiberglass, Membrane
General Information
- Number Of Units Total: 1
- Utilities: Electric to Site,Natural Gas Available,Sewer Connected
5582 N Lincoln Avenue #C2 Neighborhood
Community
60625 (Chicago) Demographics
35
Median Age
20,166
Population Density (per sq. mile)
56%
College Educated
$73,114
Estimated Median Income
11,857
Estimated Total Home Owners
18,306
Estimated Total Renters
39% / 61%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.5582 N Lincoln Avenue #C2 Monthly Cost
5582 N Lincoln Avenue #C2 Market Data
Based on the last 30 days in this zip code
$561,340
Average List Price
$445
Average Price per Square Foot
36
Properties Sold
37
Average Days on Market
80
Properties for Sale
5582 N Lincoln Avenue #C2 History
| Date | Value | Agent |
|---|---|---|
| 3/2/2026Source: MRED | Active |
Emir Vulic Listing Agent |
| 2/25/2026Source: MRED | February 25, 2026 |
Emir Vulic Listing Agent |