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4263 Lincoln Ave 2,500 SF 20% Leased Retail Building Chicago, IL 60618 $1,100,000 ($440/SF)

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Executive Summary

Prime Mixed-Use Corner Property on Lincoln Ave – Restaurant Row Location Outstanding visibility, exposure, and curb appeal define this exceptional corner building, perfectly situated at Lincoln Ave. & Cullom Ave. in a high-traffic corridor bridging Lincoln Park, Lake View, North Center, and just steps from Wrigley Field and Lincoln Square. This historic mixed-use building features Street-Level Commercial Space formerly a vibrant restaurant/bar, strong street presence and frontage on bustling Lincoln Ave., in the heart of Restaurant Row and Chicago’s entertainment corridor. Ideal for food and beverage, retail, or any service use. Second-Floor Apartment, spacious 2-bedrooms, 2-baths unit currently leased at $2,500/month, a great income-generating asset. Full basement with ample storage space to support commercial operations. High Visibility Location surrounded by dense residential/commercial traffic, with nearby national retailers including Jewel-Osco, Walgreens, and PNC Bank. Walkable Amenities and within steps to public transportation, shops, dining, and nightlife. A rare opportunity to acquire a well-located, versatile property, live and work property with income potential and significant upside in one of Chicago’s most dynamic neighborhoods.

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Restaurant

Building Size

2,500 SF

Building Class

Year Built/Renovated

1909/2000

Price

$1,100,000

Price Per SF

$440

Percent Leased

20%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.96

Lot Size

0.06 AC

Zoning

B1-2 - Neighborhood Shopping District

Frontage

66’ on North Lincoln Avenue

Bus Line

Signage

Space Availability

Space
Size
Space Use
Position
Available

1st Floor
2,000 SF
Retail
-
Now

Visibility, exposure, and beauty describe this great corner Restaurant/Bar with strong street presence bustling on Lincoln Ave., RESTAURANT Row and entertainment corridor ready to resume operation. A great location with high dense residential and commercial traffic corridor in Lincoln Park, Lake View, North Center, and within walking distance to Wrigley Field, and Lincoln Square, located at the corner of Lincoln Ave./Cullom Ave. Full basement for storage. Nearby retailers include PNC Bank, Jewel Osco, Walgreens, and many others. Walking distance to everything and entertainment corridors nearby. Current lease expiring November 30, 2024,