542 LINCOLN ST
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Location
542 LINCOLN ST
Mblu
39/ 024/ 0000F/ /
Acct#
39-024-0000F
Owner
ARCHLAND PROPERTY I LLC
Total Market Value
$1,833,200
PID
55923
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$1,122,400$710,800$1,833,200

Owner of Record
OwnerARCHLAND PROPERTY I LLC
Co-Owner
Address110 N. CARPENTER STREET

CHICAGO, IL 60607
Sale Price$564,186
Certificate
Book & Page 16251/8251
Sale Date07/17/2009
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
ARCHLAND PROPERTY I LLC$564,186 16251/82510007/17/2009
MCDONALS USA LLC$100 15801/80011F10/23/2006
MCDONALDS CORP 020/0245$237,500 10014/51140011/05/1981

Building Information
Building 1 : Section 1
Year Built: 2006
Living Area: 5,321
Replacement Cost: $1,008,288
Building Percent Good: 99
Replacement Cost
Less Depreciation:
$998,200
Building Attributes
FieldDescription
Style:Fast Food Restaurant
ModelCommercial
GradeGOOD REIN CONC
Stories:1
Occupancy1.00
Exterior Wall 1Brick/Stone
Exterior Wall 2Stucco
Roof StructureWood Truss
Roof CoverRubber Roofing
Interior Wall 1Drywall/Shtrk
Interior Wall 2 
Interior Floor 1Vinyl/Asphalt
Interior Floor 2Cer/Clay/Tile
Ext. Qual.AVERAGE
Int. Qual.AVERAGE
Bldg UseREST/CLUBS MDL-94
Bath Grade 
Elevator0
Sprinkler100
1st Floor Use:3270
Heat/ACPackage Unit
Frame TypeWood Frame
Baths/PlumbingAverage
Ceiling/Wall 
Rooms/Prtns 
Wall Height16.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
GLAGross Leasable Area 5,321 5,321
CANCanopy 177 0
   5,498 5,321

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
CNP1CANOPY-AVG72.00 S.F.$6001

Land
Land Use
Use Code3260
DescriptionREST/CLUBS MDL-94  
ZoneBG-4
Neighborhood2
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)55756
Depth
Total Market Land$710,800

Outbuildings
Outbuildings
CodeDescriptionSizeValueBldg #
PAV1PAVING-ASPHALT33500.00 S.F.$45,2001
FN1FENCE-4' CHAIN80.00 L.F.$3001
LT1LIGHTS-IN W/PL6.00 UNITS$2,5001
LT2W/DOUBLE LIGHT2.00 UNITS$1,3001
SGN2DOUBLE SIDED130.00 S.F.$6,6001
SGN1SIGN-1 SD W/M22.00 S.F.$9001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$1,171,000$662,200$1,833,200
2024$1,048,800$662,200$1,711,000
2023$1,013,200$575,800$1,589,000

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