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5940 North Lincoln Avenue

5940 North Lincoln Avenue, Chicago, IL 60659
Commercial in Peterson Park
5940 North Lincoln Avenue has been categorized by the local assessors in Chicago, IL as a commercial type of property. The building on the property was first built in 1954 and is 70 years old. The area measurement of the land has been determined as 2,700 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 5940 North Lincoln Avenue was last assessed in 2023. The total value of the property was assessed at $17,034. Specifically, the land the property is located on was valued at $16,875. While improvements on the property were assessed at a total of $159. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,485. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210803
08/03/2021
Loft
-
1426 ft²
$650,000
bedrooms
Loft
bathrooms
-
square feet
1426 ft²
-
-
-
Anik Zampini
d'aprile properties

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,700
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: KAISER & COMPANYS PETERSON
  • Land Acres: 0.62
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: W F (KAISER) & (COMPANYS)(PETERSON) WOODS ADD TO ARCA DIA TERRACE IN SEC 01-40-13

Ownership

  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 020701

Zoning

  • Zoning: B3-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 71
  • Parcel: 13-01-303-017-0000
  • Block: 38
  • Lot: 11
  • Meridian: SEC 01 TWN 40N RNG 13E
  • Municipality: JEFFERSON
  • Latitude: 41.989
  • Longitude: -87.7057

    Address

  • Full Address: 5940 N Lincoln Ave
  • Address - House Number: 5940
  • Street Direction: N
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C023
  • 4-Digit Zip Code: 3739
  • Zip Code: 60659

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,485
  • Tax Rate Code Area: 71053

    Market Valuation

  • Market Total Value: $68,136
  • Market Land Value: $67,500
  • Market Improvement Value: $636

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,034
  • Assessed Land Value: $16,875
  • Assessed Improvements Value: $159

About North Side



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Frequently Asked Questions

What neighborhood is 5940 North Lincoln Avenue located in?
The 5940 North Lincoln Avenue is a commercial located in the neighborhood of Peterson Park in North Side, Chicago.
What is the average sales price for listings in 5940 North Lincoln Avenue?
The average sales price for units in 5940 North Lincoln Avenue is $0 currently.

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