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3115 N Lincoln Ave 3,052 SF Vacant Retail Building Chicago, IL 60657 $1,326,124 CAD ($434.51 CAD/SF)

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EXECUTIVE SUMMARY

Situated in Chicago's vibrant Lakeview neighborhood, this property boasts high visibility on North Lincoln Avenue, a bustling street renowned for its diverse dining, shopping, and entertainment options. This impressive two-story masonry building spans approximately 3,052 square feet and includes a basement.
The space features exposed brick walls, hardwood floors, and a large wood bar, complemented by custom-designed stone restrooms. The second level offers floor-to-ceiling windows, an expansive open layout with custom hardwood flooring, a beautifully crafted stone powder room, and a convenient service bar.
With B1-3 zoning, the property allows for a versatile range of commercial and residential developments, offering investors the flexibility to adapt the space to various business needs or mixed-use projects. Located in a high-demand area with a strong demographic profile, 3115 N Lincoln Ave represents a prime investment opportunity in one of Chicago’s most sought-after neighborhoods. Convenient to public transportation, its strategic location and ongoing transformation into a new dining establishment further enhances its appeal.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Taxes $51,489 $17.16
Operating Expenses - -
Total Expenses $51,489 $17.16

FINANCIAL SUMMARY (ACTUAL - 2024)

Taxes (CAD)
Annual $51,489
Annual Per SF $17.16
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $51,489
Annual Per SF $17.16

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,052 SF
Building Class
C
Year Built
1940
Price
$1,326,124 CAD
Price Per SF
$434.51 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.04 AC
Zoning
B1-3, Chicago - Neighborhood Shopping District
Frontage
24’ on Lincoln Ave

AMENITIES

  • Bus Line
  • Signage
Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (74)
Bike Score®
Biker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

The Little Gym
CorePower Yoga
Pure Barre
LA Fitness
The YMCA
F45 Training Roscoe Village
Starbucks
Whole Foods
Bank of America
Chase Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-29-100-037-0000
Land Assessment
$37,005 CAD
Improvements Assessment
$192,351 CAD
Total Assessment
$229,356 CAD
Annual Taxes
$51,489 CAD ($16.87 CAD/SF)
Tax Year
2024
  • Listing ID: 35243676

  • Date on Market: 2025-03-24

  • Last Updated:

  • Address: 3115 N Lincoln Ave, Chicago, IL 60657

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