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7370 Lincoln AveLincolnwood, IL 60712
7370 N Lincoln Ave
Asset ClassOffice
Year Built1956
overview of deal

Overview

The subject property is a 14,076 building built in 1956 and is located Lincolnwood, IL (15 miles northwest of Chicago). The site has easy access to highway (90/94) and is on the busy Lincoln Ave.  The building is currently used as an office which is divided into 5 office units with 28 parking spaces (additional 5,500 SF backlot).  However, approximately 9,000 SF of the building was built as warehouse with 16 Ft ceilings and could be converted back to a warehouse use.  Two loading docks could be reactivated for use in the building.  The highest and best use for the building is to convert part of the building back to warehouse and create a f lex space for an owner user. 

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Investment Highlights

  • Broker Price Opinion $1,700,000 ($120 PSF)
  • Recommended List Price $1,950,000 ($138 PSF)
  • Address 7370 N. Lincoln Ave, Lincolnwood, IL 60712
  • Building Size 14,076 SF
  • Lot Size 38,768 SF
  • Year Built 1956
  • Units 5
  • Zoning O (office)
  • Parking 28 spaces plus approx. 5,500 SF back lot
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7370 Lincoln AveLincolnwood, IL 60712
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Listing provided by Revere CRE
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