900 SF Storefront For Sale on Corner of Berwyn & Lincoln
$145,000
5250 N Lincoln Ave, Unit G4
Chicago, IL 60625
950 SF
Retail Storefront
The Details
- 950 SF commercial storefront
- Space leased to upscale hair salon through July 2024 with a 3% annual increase
- Current Annual Rent: $16,200
- High visibility on the corner of Berwyn Avenue and Lincoln Avenue
- Awning signage increases visibility
- Great opportunity for investor
- Nearby businesses include Swedish Covenant Hospital, Tony’s Fresh Market, Dollar Tree, Walgreens, several restaurants and more
- Taxes: $7,098
A 950 SF commercial storefront on Lincoln Avenue is available for sale. Near Berwyn Avenue, the storefront is leased to an upscale hair salon under a lease that extends to the end of July 2024 with 3% annual increases built-in. The business generates $16,200 per year in rent. The building has great visibility with good frontage on Lincoln avenue plus awning signage to increase visibility. Nearby businesses include Swedish Covenant Hospital, Tony’s Finer Foods, several restaurants as well as national retailers such as Dollar Tree Dollar, Walgreens and more.