3115 N Lincoln Ave - Restaurant FOR SALE


Chicago, IL 60657- Lakeview
$950,000 USD
773-575-2779
3115 N Lincoln Ave, Chicago, IL for Sale
$950,000 USD
Restaurant - FOR SALE
1/22
null | Request Cap Rate

3115 N Lincoln Ave
Chicago, IL 60657
Lakeview


OVERVIEW

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 and a rear paved area that may be turned into patio dining space. 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.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$317 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,498 SF

ZONING

B1-3, Chicago

APN/PARCEL ID

14-29-100-037-0000

ASK ABOUT THIS PROPERTY

Myra NimchaiyongC21 SGR CommercialMore Info
773-575-2779

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Myra NimchaiyongC21 SGR CommercialMore Info
773-575-2779

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.