October 31, 2023 – Dan Tilsner of Horvath & Tremblay has successfully completed the sale of a 3511-3523 N Lincoln Avenue in Chicago, Illinois. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $1,065,000.
3511-3523 N Lincoln Avenue is a two-story commercial building with retailers on the ground floor and office space on the second floor. The attractive and well-maintained building contains 7,710 square feet on a 0.11-acre corner parcel with ample on-street parking available for tenants and customers. The Property is well-located on the corner of North Lincoln Avenue and N Hermitage Avenue in Lakeview, a high-density, inner-urban core neighborhood on the north side of Chicago, directly south of Uptown, east of North Center and Roscoe Village, and north of Lincoln Park. The transit-oriented site is conveniently located in between the Addison and Paulina “L” stations on the CTA Brown Line (both approximately 0.15-miles away). The high-demand for rental units in Lakeview make this a great opportunity for an investor seeking a stable investment Property with upside via achieving market rents and the potential redevelopment of the second floor.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.