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3327-35 North Lincoln Avenue, Chicago 2 Retail Properties in Chicago, IL
Investment Highlights
- Fully entitled for 42 residential units with 3,945 SF of retail space.
- Lakeview is one of Chicago's most established and in-demand neighborhoods.
- Highly affluent Lakeview location, boasting an average household income of $222,775 within 1-mile of the Property.
- Only 15% ARO on-site, accompanied by the 15% tier HB2621 tax abatement. 25% reduction of assessed value.
- Rare redevelopment opportunity in a supply-constrained Lakeview neighborhood, offering longterm appreciation and rental growth.
- Exceptional North Side location, offering easy access to Lake Shore Drive, the Brown, Red, and Purple Line, and major bus routes.
Executive Summary
3327-35 North Lincoln Avenue is a fully entitled, 13,368 SF development opportunity in the Lakeview neighborhood. Once the home of well-known Dinkel's Bakery, the Property is now fully entitled for 42 residential units with 3,945 SF of retail space. 3327-35 North Lincoln Avenue offers developers and investors a rare opportunity for a fully entitled, transit-oriented development opportunity in one of Chicago's top performing submarkets.
Property Facts
| Sale Condition | Redevelopment Project | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 13,368 SF |
| Status | Active | Total Land Area | 0.21 AC |
| Number of Properties | 2 |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 13,368 SF |
| Total Land Area | 0.21 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Dinkel's
3329 N Lincoln Ave, Chicago, IL 60657 |
Retail | 9,000 SF | 1941 | - |
| 3327 N Lincoln Ave, Chicago, IL 60657 | Retail | 4,368 SF | 1910 | - |
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3327-35 North Lincoln Avenue, Chicago
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