3115 N Lincoln Avenue Active

Chicago,IL 60657

$ 950000

- Bed

- Bath

3052 SqFt


Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 3,052 sqft

Price per Sqft $311

MLS Listing ID 12318061

Year Built 1940

Annual Tax Amount $36,884

Tax Year 2023

Lot Dimensions 24 X 60

Property Sub-Type Retail/Stores

Property Description

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 2-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 2nd 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 B3-3 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 enhance its appeal, making it an exceptional prospect for investors and business owners alike.

Location

State IL

County Cook

Zoning RTAIL

Interior

Cooling Central Air,Central Individual,Zoned

Flooring Wood

Fireplace N

Exterior

View Y/N true

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