**SALE NOTES – 2020 N Lincoln Park West, Unit CU1 | Chicago, IL 60614** **Property Overview:** Prime 4,650 SF ground-floor commercial condo located in the heart of Lincoln Park, one of Chicago’s most established and affluent neighborhoods. Positioned at the base of a 440-unit luxury residential tower and surrounded by high-rise buildings, this corner unit offers unparalleled exposure to heavy foot traffic, destination visitors, and a stable high-income local population. **Former Use:** Previously occupied by the Original Pancake House for over 25 years. Restaurant infrastructure remains in place, but the space is easily adaptable for other high-value commercial uses. **Ideal Uses:** Restaurant, Coffee Shop, Retail Boutique, Medical, Dental, Chiropractic, Fitness Studio, Spa/Salon, Gallery, or Professional Office. B1-2 zoning offers flexible use potential. **LOCATION ADVANTAGE** **High Traffic + Tourist Magnet:** * Located steps from **Lincoln Park Zoo** (over **3.6 million annual visitors** – free admission all year) * One block from **Green City Market**, **Peggy Notebaert Nature Museum**, **North Pond**, and **Park West Theater** * Constant year-round foot traffic from residents, tourists, eventgoers, and runners/cyclists from the lakefront path * CTA bus stops within 200 feet; 5-minute drive to Lake Shore Drive; short walk to Clark St retail corridor **DEMOGRAPHICS** *(2023 Data — 1 Mile Radius)* * **Population:** 54,000+ * **Households:** 28,500+ * **Median Household Income:** \$132,000+ * **Average Household Income:** \$188,000+ * **Daytime Population (includes workers and visitors):** 90,000+ * **Walk Score:** 96 (“Walker’s Paradise”) * **Bike Score:** 92 * **Transit Score:** 80 **PROPERTY FEATURES** * ±4,650 SF corner commercial condo * Large window line and high ceilings * Existing kitchen infrastructure (grease trap, venting, plumbing – confirm with broker) * Strong visibility with signage potential * In the base of a well-managed 440-unit high-rise condo * Utilities and mechanicals in place; minimal buildout for similar uses * Ideal for both owner-users and long-term investors **CONDO ASSOCIATION NOTES** * **Right of First Refusal applies** (unit sale subject to board review and match rights) * Use restrictions/covenants in place—please inquire * Professionally managed, healthy reserves, stable assessments **Zoning:** B1-2 **Property Use:** Retail | Restaurant | Medical | Office | Service **Available:** Immediately **Sale Type:** Fee Simple Interest **Summary:** With high visibility, rich foot traffic, and direct access to one of Chicago’s highest income, highest density neighborhoods, 2020 N Lincoln Park West presents a rare ownership opportunity in a true legacy location. Whether you’re expanding a brand, opening a flagship, or securing long-term real estate for a stable business model—this offering is a standout.