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5051 N Lincoln Avenue
Chicago IL 60625 US

$694,000

Active Listing ID 12711405
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Lot: 0.08 Acres
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Other

$694,000

Active Listing ID 12711405
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5051 N Lincoln Avenue Exceptional mixed-use investment opportunity in the heart of Chicago's highly desirable Lincoln Square neighborhood! Located at 5051 N. Lincoln Ave., this versatile property features a prominent street-facing storefront/office space, making it ideal for an owner-user, small business, or income-producing commercial tenant. The residential component includes a cozy 2-bed/ 1-bath apartment on the first floor and a well-appointed spacious 2-bed/ 1-bath apartment on the second floor, offering excellent rental income potential or flexible owner-occupancy options. The full-length basement spans the entire footprint of the building and features shared laundry with a washer and dryer, abundant storage space, and endless possibilities for additional utility or workspace. Outside, enjoy a large private backyard with a generous patio area-perfect for entertaining, relaxing, or outdoor gatherings. The property is complete with a detached two-car garage, providing valuable off-street parking, additional storage and potential rental income. Situated on bustling Lincoln Avenue, this property offers outstanding visibility and is just steps from Lincoln Square's renowned restaurants, cafes, boutique shopping, parks, and public transportation. Whether you're an investor seeking strong income potential or an owner looking for the perfect live/work opportunity, this unique property offers exceptional versatility, multiple income streams, and an unbeatable location in one of Chicago's most sought-after neighborhoods.

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Property Features

  • Facts
  • Lot Size: 0.08 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air, Window Unit(s)

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 694000
  • unparsedaddress: 5051 N Lincoln Avenue
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60625
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0803
  • lotsizeunits: Acres
  • lotsizearea: 0.0803
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Peter Faehnrich
  • listagentemail: pjfaehns@gmail.com
  • listagentkey: 3yd-MREDIL-883351
  • listagentmlsid: 883351
  • listagentpreferredphone: (630) 929-1100
  • listagentofficephone: 8477072532
  • listofficekey: 3yd-MREDIL-16636
  • listofficemlsid: 16636
  • disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1906
  • listingcontractdate: 2026-07-22
  • listagenturl: http://CharlesRutenbergRE.com
  • countyorparish: Cook
  • parcelnumber: 13124070110000
  • cooling: Central Air, Window Unit(s)
  • constructionmaterials: Brick
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Charles Rutenberg Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"pjfaehns@gmail.com", "ListBrokerageCity":"Naperville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"listhub@crrchicago.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/fd0e02d1711511df9eba00219b994c72/20110726162116854.png", "ListBrokerageName":"Charles Rutenberg Realty", "ListBrokeragePhone":"(630) 929-1100", "ListBrokeragePostalCode":"60563", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":"#150", "ListBrokerageUnparsedAddress":"1733 Park", "ListBrokerageWebsiteUrl":"http://CharlesRutenbergRE.com", "ListOfficeAddress1":"Corporate Office ", "ListOfficeAddress2":"#150", "ListOfficeBrokerMlsId":"16636", "ListOfficeCity":"Naperville", "ListOfficeCountry":"US", "ListOfficeEmail":"listhub@crrchicago.com", "ListOfficePostalCode":"60564", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Chicago, IL", "ListingURL":null, "MLSModificationTimestamp":"2026-07-22 14:47:04", "Neighborhoods":[{"Description":null, "Name":"CHI - Lincoln Square"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":12187, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/22/2026 2:58:05 PM GMT
Source Updated Date: 7/26/2026 12:50:39 AM GMT

Courtesy of: Peter Faehnrich, Charles Rutenberg Realty, pjfaehns@gmail.com

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.