6609 N Lincoln Ave 14,503 SF Flex Building Lincolnwood, IL 60712 £1,283,934 (£88.53/SF) 8.48% Net Initial Yield

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

Price £1,283,934
Price Per SF £88.53
Sale Type Investment
Net Initial Yield 8.48%
Property Type
Flex
  • Light Industrial Showroom
  • General Retail Freestanding
  • Industrial Warehouse
Building Class B
Lot Size 0.46 AC
Rentable Building Area 14,503 SF
Number of Floors 1
Year Built 1965
Parking Ratio 0.76/1,000 SF

AMENITIES

  • Property Manager on Site
  • Security System
  • Air Conditioning
Walk Score®
Very Walkable (76)

PROPERTY TAXES

ZONING

Zoning Code N/Av, Lincolnwood
  • Listing ID: 33058762

  • Date on Market: 04/08/2023

  • Last Updated:

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