Prime Retail Space Near
For Lease
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2428 N LINCOLN Avenue, Chicago, IL 60614
COMMERCIAL - Chicago, IL
Property Size2,400 SF
Lot Size0.06 Acres
Days on Market284
Property Features for 2428 N LINCOLN Avenue
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning
RTAIL
Directions
LINCOLN AVE, JUST NORTH OF FULLERTON
Subdivision
CHI - Lincoln Park
Standard status
Active
Size
2,400 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
17290
Utilities
Cooling system
Central Air
Building Details
Year built
1902
Floors in Building
1
Building materials
Brick
Listing Agency:
Jameson Sotheby's Intl Realty
(312) 751-0300
Listed By:
Jason Hiller · License #475158547
(312) 335-3291
Added: Oct 20, 2025
Changed: May 13
Last Checked: Jul 30 at 4:06PM
MLS# 12498514
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial property features 2400 square feet of retail space, complemented by a 1000 square foot basement. The property is located across from the historic Biograph Theater and near the six-way intersection of Lincoln, Fullerton, and Halsted, placing it in close proximity to DePaul University and the Lincoln Commons project. The space benefits from 25 feet of frontage on Lincoln Avenue. Previously, the space has been used by multiple restaurants, and it is suitable for a variety of uses. Currently occupied by Bank of America, who invested over $1 million in a tellerless banking hub, the space will be available in December 2025. Above the retail space is a high-performing, five-star luxury short-term rental townhouse/duplex, which contributes to local retail traffic. The lot size is 0.0631 acres.
Key Highlights
- Prime location directly across from the historic Biograph Theater and near the high‑traffic intersection of Lincoln, Fullerton & Halsted/DePaul University/Lincoln Commons.
- Substantial 2400 SF retail space plus a 1000 SF basement.
- Existing buildout valued at over $1M from current tenant, Bank of America.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
6,637
Businesses Nearby
331k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 37%
Groceries 20%
Shops & Services 18%
Superstores 10%
Trader Joe's
Groceries
43,874 visits/mo
0.4 miles
Target
Superstores
33,595 visits/mo
0.4 miles
The Home Depot
Home Improvements & Furnishings
30,960 visits/mo
0.3 miles
McDonald's
Dining
29,548 visits/mo
0.4 miles
The Fresh Market
Groceries
23,763 visits/mo
0.4 miles
Demographics for 60614, IL
73,173
Population
38,089
Households
1.9
Avg Household Size
31
Median Age
86%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
22,867
Density / Sq Mi
$139,561
Median Household Income
$86,386
Median Earnings
$2,019
Median Rent
$730,700
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$25.71 /SF/Yr
Avg Asking Price
$0.92–$80 /SF/Yr
Price Range
4,887 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - 2400 SF retail space near Lincoln and Fullerton intersection.
Where is this retail space located?
The property is located at 2428 N LINCOLN Avenue Chicago, IL.
What are key features of this property?
This property features: Prime location directly across from the historic Biograph Theater and near the high‑traffic intersection of Lincoln, Fullerton & Halsted/DePaul University/Lincoln Commons.; Substantial 2400 SF retail space plus a 1000 SF basement.; Existing buildout valued at over $1M from current tenant, Bank of America.
