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$ 950,000
Est. payment | /mo
3,052 SqFt
$ 950,000
Est. payment | /mo
3,052 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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Listed by Myra Nimchaiyong • Century 21 S.G.R., Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "