Share This Listing

Message

934 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Prime corner location in Chicago's North Center neighborhood
  • Steps from CTA Brown Line and Trader Joe's
  • Brand-new mechanical, electrical, and plumbing systems
  • Affluent demographics with $204,000+ household incomes
  • Fully gut-renovated in 2022 with a new roof
  • Passenger elevator connects all three levels

Executive Summary

3832 N Lincoln Avenue is an outstanding, two-story mixed-use commercial building with a full basement, located in Chicago’s vibrant North Center neighborhood. The property underwent a comprehensive gut renovation in 2022, upgrading it to pristine, modern standards.
Total Infrastructure Overhaul: Brand-new roof installed during the 2022 renovation.
Modern MEP Systems: Complete replacement of all mechanical, electrical, and plumbing systems.
Full Accessibility: High-end passenger elevator serving the basement, first, and second floors.
Secure Parking: Large, gated rear lot providing substantial off-street parking.
Tax Reduction Potential: Converting the second floor to apartments unlocks a mixed-use residential tax classification, drastically lowering annual real estate taxes.
The building features high-end improvements originally purpose-built for a premium birthing center that closed in 2026. This turnkey condition allows for immediate adaptation into several different asset classes, including:
Medical & Wellness: Ideal for a medical concierge practice, specialized outpatient clinic, or wellness center.
Hospitality: Perfect layout for a boutique Airbnb or short-term rental conversion.
Retail & Services: Excellent street-level visibility for high-end retail, corporate offices, or community services.
Live-Work or Multifamily: High-demand residential units on the upper level with commercial space below.

Attachments

Sale OM

Property Facts

Price $1,968,393 CAD
Price Per Bed $1,968,393 CAD
Sale Type Investment or Owner User
Property Type Health Care
Property Subtype Skilled Nursing Facility
Building Class B
Lot Size 0.15 AC
Building Size 5,076 SF
No. Beds 1
No. Stories 2
Year Built/Renovated 1905/2022
Parking Ratio 0.59/1,000 SF
Zoning B1-2
Exceptionally walkable
100/100
Fairly drivable
40/100
Strong public transit
80/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
14-19-211-026-0000
Land Assessment
$101,262 CAD
Improvements Assessment
$235,363 CAD
Total Assessment
$336,625 CAD
  • Listing ID: 41363756

  • Date on Market: 2026-07-20

  • Last Updated:

  • Address: 3832 N Lincoln Ave, Chicago, IL 60613

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}