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    5858 N Lincoln Ave Chicago, IL 60659

    For Lease
    $28 SF/Yr

    Commercial Lease - Chicago, IL

    Days on Market:
    27
    Last Refresh:
    Dec 14 at 1:06 am

    Property Features for 5858 N Lincoln Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1965
    Number of units
    1
    Architectural style
    Other

    Coldwell Banker Leader Realty (312) 513-4490 [email protected]

    Listing agent Mark Ahmad (773) 465-4200 License #471007186

    Listing date Nov 18, 2025

    MLS# 12519470 Listing URL

    Copyright © 2025 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.

    Overview

    Turnkey Restaurant Space on Lincoln

    This commercial space is located on the bustling Lincoln Avenue corridor at the Richmond Avenue and Lincoln Avenue traffic light intersection, just north of California Avenue. The property is situated steps from public transportation in a thriving neighborhood. The space is approximately 1,000 square feet and includes a hood, front desk, cabinets, chairs, and tables. This is a turnkey opportunity suitable for experienced operators or entrepreneurs.
    Location Intelligence

    Current Use by Public Records

    KUDOS Asian Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7035122
    Latitude
    41.9877688

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    FAQs

    What type of property is this?
    Turn key restaurant - Ready restaurant space on Lincoln Avenue in Chicago.
    Where is this turn key restaurant located?
    The property is located at 5858 N Lincoln Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: - Turnkey restaurant space ready for immediate operation; - Includes essential equipment: hood, front desk, cabinets, chairs, and tables; - Prime location on the bustling Lincoln Avenue corridor at a traffic light intersection
    (773) 465-4200
    Request Owner's contact information
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    Chicago, IL 60659
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5858 N Lincoln Ave Chicago, IL 60659
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