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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
Area Chi - Lake View
Zoning RTAIL
Interior
Cooling Central Air, Central Individual, Zoned
Flooring Wood
Fireplace N
Building
Dwelling Type Retail/Stores
Level or Stories 2
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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! "