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Investment Highlights
- Prime location in Lincoln Park, one of Chicago’s most affluent and supply-constrained neighborhoods.
- Significant value-add potential with 19,731 SF of vacant second-floor space suitable for retail, office, or residential use.
- High visibility along North Clark Street with strong pedestrian and vehicular traffic near major attractions and transit.
- Fully leased ground floor anchored by PNC Bank, Starbucks, RJ Grunts, and Lincoln Park Preschool.
- Exceptional demographics with average household incomes exceeding $195,000 within a one-mile radius.
1 Unit Available
Unit 2200 Retail
| Unit Size | 37,415 SF | Sale Type | Investment |
| Condo Use | Retail | NOI | $419,739 |
| Unit Size | 37,415 SF |
| Condo Use | Retail |
| Sale Type | Investment |
| NOI | $419,739 |
Description
First and second floors are separately parceled and can be purchased individually or as a combined offering. First floor is 100% occupied, second floor is vacant.
Sale Notes
Mid-America Real Estate Corporation is pleased to present the opportunity to acquire the 100% fee simple interest in Lincoln Park West, an iconic retail asset located at the heart of Lincoln Park, one of Chicago’s most affluent and desirable neighborhoods. The offering features a durable rent roll consisting of dining, financial services, and education users as well as the opportunity to significantly add value through the lease up or adaptive reuse of the 19,531 square foot second floor.
Property Facts
| Total Building Size | 250,983 SF | Floors | 16 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 13,420 SF |
| Property Subtype | Apartment | Year Built | 1931 |
| Building Class | A | Lot Size | 0.45 AC |
| Zoning | B1-3 | ||
| Total Building Size | 250,983 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | A |
| Floors | 16 |
| Typical Floor Size | 13,420 SF |
| Year Built | 1931 |
| Lot Size | 0.45 AC |
| Zoning | B1-3 |
Amenities
Site Amenities
- 24 Hour Access
- Controlled Access
- Fitness Center
- Laundry Facilities
- Property Manager on Site
- Doorman
- Dry Cleaning Service
- Package Service
- Roof Terrace
- Bicycle Storage
- Elevator
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 65 | - | 750 - 1,150 |
| 2+2 | 130 | - | 1,250 |
Presented by
2000 N Lincoln Park W
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