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3121 N Lincoln Ave Chicago, IL 60657

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Sponsored
For Sale
Under Contract
$1,550,000

COMMERCIAL - Chicago, IL

Type:Retail
Property size:
8,700 SF
Lot size:
0.10 Acres
Days on Market:
47
Last Refresh:
Mar 10 at 2:06 am

Property Features for 3121 N Lincoln Ave

General Information

Property type
Commercial Sale
Property subtype
Retail
Standard status
Active Under Contract
Zoning
RTAIL
APN
14291000110000
Size
8,700 SF
Lot size
0.10 Acres

Utilities

Cooling system
Central Air, Ceiling Fan(s)

Building Details

Year built
1910
Floors in Building
2
Flooring type
Carpet, Wood
Building materials
Brick, Stucco, Stone, Combination

We can help!

Listing Contact
Barbara O'Connor
Barbara O'Connor

Dream Town Realty (312) 265-8000

Listing agent Barbara O'Connor (773) 491-5631

Listing date Jan 22, 2026

MLS# 12504538

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.

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Property Insight Report

Overview

Lakeview Commercial Building on Lincoln

Located in the heart of Lakeview on Lincoln Avenue, this two-story commercial building features marble and brick construction. The property, zoned B1-3, offers over 8,700 square feet of open-concept space, complemented by a full unfinished basement. Each floor provides approximately 4,350 square feet with ceilings over 9 feet high, enhanced by large windows and LED lighting. The second floor is accessible via an interior staircase or a separate front entrance. The building includes oversized front display windows, hardwood floors, two front entrances, two rear exits, and bathrooms on both floors. Additional features include locker rooms with showers on the second floor, ample storage, and multiple office spaces. The property is equipped with four HVAC units (installed in 2021 and 2017), four condensers (2022 and earlier), three electrical panels, and two hot water tanks. Improvements include tuckpointing in 2020, a new sump pump in 2017, a rebuilt exterior back wall in 2009, and a roof tear-off in 1996 with ongoing maintenance. Currently operating as a yoga, meditation, and martial arts studio, the space is suitable for various uses, including retail, spiritual centers, banquet halls, pet supply stores, wellness studios, co-working spaces, salons, spas, art studios, galleries, event venues, fitness centers, preschools, dance studios, or gyms. The lot size is approximately 0.0999 acres.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

The Peace School Gym & Fitness Center

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6667529
Latitude
41.9385962

FAQs

What type of property is this?
Retail property - Two-story commercial building with open space in Chicago's Lakeview.
Where is this retail property located?
The property is located at 3121 N Lincoln Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: - Prime location on Lincoln Avenue in Lakeview with high foot traffic.; - Large, open-concept space with 8,700+ sq ft, plus a full unfinished basement.; - B1-3 zoning offers flexibility for various commercial uses.
More about this property
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