5582 N Lincoln Avenue #C2, Chicago, IL 60625 | MLS #12576524 | Berkshire Hathaway HomeServices Chicago
 
Listing provided courtesy of Berkshire Hathaway HomeServices ChicagoMREDas Distributed by MLSGrid- MLS# 12576524MLS Provider

5582 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
Community data courtesy of LiveBy, Inc.

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

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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
Calculations provided by Reliance Network

5582 N Lincoln Avenue #C2 History

Date Event Value Agent
3/2/2026Source: MRED Status Change
Active
Emir Vulic
Listing Agent
2/25/2026Source: MRED Added to Database
February 25, 2026
Emir Vulic
Listing Agent