Brick Mixed-Use
For Sale
$650,000
3248 N LINCOLN Avenue, Chicago, IL 60657
COMMERCIAL - Chicago, IL
Property SizeContact for details
Lot Size0.04 Acres
Days on Market46
Property Features for 3248 N LINCOLN Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Directions
HALF BLOCK NORTH OF BELMONT/ASHLAND ON LINCOLN
Subdivision
CHI - Lake View
Standard status
Active
APN
14194300170000
Lot size
0.04 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
14669
Utilities
Cooling system
Central Air
Building Details
Year built
1931
Floors in Building
2
Number of units
2
Building materials
Brick
Listing Agency:
Jameson Sotheby's Intl Realty
(312) 751-0300
Listed By:
Robert Munds · License #475131063
(312) 335-3291
Added: Jun 25
Changed: Aug 4
Last Checked: Aug 9 at 11:06PM
MLS# 12666947
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 1931 brick mixed-use building combines a ground-floor restaurant space with a second-floor apartment. The residence includes two bedrooms, one bathroom, an updated kitchen and bath, a spacious living room, and a separate dining room. Central air serves the building, while an unfinished basement provides additional space. The property is offered in as-is condition.
The restaurant lease runs through October 2027, and the residential tenant is on a month-to-month arrangement. The property occupies 0.0425 acres at 3248 N Lincoln Avenue in Chicago’s Lakeview area and is located on Lincoln Avenue. The sale must include 1630 W. Melrose Avenue.
The restaurant lease runs through October 2027, and the residential tenant is on a month-to-month arrangement. The property occupies 0.0425 acres at 3248 N Lincoln Avenue in Chicago’s Lakeview area and is located on Lincoln Avenue. The sale must include 1630 W. Melrose Avenue.
Key Highlights
- Ground‑floor restaurant lease runs through October 2027
- Second‑floor apartment with 2 bedrooms and 1 bathroom
- Updated kitchen and bath, living room, and separate dining room
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,158
Businesses Nearby
303k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 40%
Shops & Services 20%
Dining 11%
Superstores 11%
Whole Foods Market
Groceries
64,387 visits/mo
0.1 miles
Jewel-Osco
Groceries
55,541 visits/mo
0.4 miles
Target
Superstores
32,877 visits/mo
0.1 miles
Shell
Shops & Services
15,013 visits/mo
0.4 miles
Anthropologie
Apparel
14,685 visits/mo
0.4 miles
Demographics for 60657, IL
72,316
Population
42,246
Households
1.7
Avg Household Size
32
Median Age
87%
College-Educated
99%
High-School Grad
2.2 sq mi
ZIP Area
32,871
Density / Sq Mi
$109,025
Median Household Income
$77,731
Median Earnings
$1,839
Median Rent
$534,500
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Restaurant and residential components create a two-level commercial property with an existing lease and apartment occupancy.
Where is this mixed-use property located?
The property is located at 3248 N LINCOLN Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Ground‑floor restaurant lease runs through October 2027; Second‑floor apartment with 2 bedrooms and 1 bathroom; Updated kitchen and bath, living room, and separate dining room
