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Investment Highlights
- 3020 N Lincoln Avenue is a charming retail storefront and multifamily property spanning 13,500 square feet in the heart of Chicago’s North Side.
- Palace Lofts, located directly above the retail space, offer high-quality apartment residences that deliver an added income stream.
- Located in a major commercial corridor, the asset benefits from outstanding exposure to locals, commuters, and destination shoppers.
- Retail space with a street-level floor, a mezzanine level, a basement, 25-foot ceilings, and large display windows that create an open and airy feel.
- Within a 2-mile radius of 3020 N Lincoln Avenue, there is a strong labor pool with over 99,000 individuals in service-producing industries.
Executive Summary
This well-appointed space offers 13,500 square feet of retail space, comprising a 9,250-square-foot ground floor and a 4,250-square-foot mezzanine level, with an approximately 3,500-square-foot basement that can be utilized for storage. There are several apartment units above the retail space, titled the Palace Lofts, which provide an additional income stream for investors. The main level also features 25-foot ceilings, creating an airy feel with an abundance of natural light.
The density of amenities organically draws traffic with essential stores like Target, Chase Bank, CVS, and Whole Foods, paired with a mix of local restaurants and bars such as Lincoln Tap Room, Pockets Restaurant, Olive Black, and S&G Restaurant. Access for consumers is seamless with the nearest subway station, Southport, a 10-minute walk away, and proximity to several key thoroughfares.
With a population of 267,361 individuals within a 2-mile radius, companies and businesses alike have a strong workforce and pool of customers to pull from. Daytime employment figures indicate that over 99,000 individuals are employed in service-producing industries within the same radius.
With its flexible layout, large display windows, and proximity to popular restaurants, boutiques, and transit options, 3020 N Lincoln Avenue is ideal for investors, as well as retailers, service operators, wellness concepts, and specialty users seeking a prominent, high-traffic location in an established urban district.
Property Facts
Amenities
- Bus Line
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
L'espace comprend 9 250 pieds carrés au rez-de-chaussée et 4 250 pieds carrés en mezzanine (hauteur sous plafond de 25 pi). Plus environ 3 500 sous-sol. Zone de vente au détail et bureaux.
L'espace comprend 9 250 pieds carrés au rez-de-chaussée et 4 250 pieds carrés en mezzanine (hauteur sous plafond de 25 pi). Plus environ 3 500 sous-sol. Zone de vente au détail et bureaux.
| Space | Size | Space Use | Position | Available |
| Ground | 9,250 SF | Retail | In-Line | Now |
| Mezzanine | 4,250 SF | Retail | In-Line | Now |
Ground
| Size |
| 9,250 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Mezzanine
| Size |
| 4,250 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Ground
| Size | 9,250 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
L'espace comprend 9 250 pieds carrés au rez-de-chaussée et 4 250 pieds carrés en mezzanine (hauteur sous plafond de 25 pi). Plus environ 3 500 sous-sol. Zone de vente au détail et bureaux.
Mezzanine
| Size | 4,250 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
L'espace comprend 9 250 pieds carrés au rez-de-chaussée et 4 250 pieds carrés en mezzanine (hauteur sous plafond de 25 pi). Plus environ 3 500 sous-sol. Zone de vente au détail et bureaux.
Demographics
Demographics
Nearby Major Retailers
Property Taxes
| Parcel Number | 14-29-113-036-0000 | Improvements Assessment | $367,334 CAD |
| Land Assessment | $37,900 CAD | Total Assessment | $405,234 CAD |
Property Taxes
Presented by
3020 N Lincoln Ave
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