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New Retail Spaces on Lincoln
For Lease
$30 SF/Yr

3914 N Lincoln Avenue, Chicago, IL 60613

New construction retail/office/medical spaces in North Center near public transit.

Space SizeContact for details
Days on Market714

Property Features for 3914 N Lincoln Avenue

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1907
Listing Agency: STRAUSS REALTY LTD
Listed By: CRAIG WOLF · License #475163046
Source: Corcoran
Added: Aug 20, 2024 Changed: Jul 6 Last Checked: Aug 3 at 8:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of STRAUSS REALTY LTD

Investment Insights

Based on property information with market context.

New construction ground level retail spaces are available for lease on Lincoln Avenue, situated just south of Irving Park Road. The spaces are located on the ground level of a new 5-story mixed-use building that includes 68 residential units. Bus Routes 50 and 80 are located within one block, and the Brown Line CTA at Irving Park is a 6-minute walk east. Parking is available. The location is near retailers such as Walgreens, Starbucks, Club Pilates, CVS, Ace Hardware, and Trader Joe's. The spaces are suitable for office, medical, retail, or service businesses. Filbert Park is two blocks away, and Merryman Park is five blocks away. Pass throughs are an additional $7.50 per square foot approximately.

Key Highlights

  • High‑traffic location on Lincoln Avenue near Irving Park Road.
  • New construction ground level retail spaces.
  • Located in a new 5‑story mixed‑use building with 68 residential units.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Electrical Service Nursing Home Auto Parts Store Tanning Salon (Bike/Boat/Book/etc) Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,929
Businesses Nearby

Demographics for 60613, IL

53,048
Population
31,263
Households
1.7
Avg Household Size
34
Median Age
75%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
23,064
Density / Sq Mi
$91,351
Median Household Income
$68,713
Median Earnings
$1,616
Median Rent
$397,800
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$25.43 /SF/Yr
Avg Asking Price
$0.92–$80 /SF/Yr
Price Range
7,935 SF
Avg Space Size

This space is priced 18% above the average of $25.43 /SF/Yr.

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - New construction retail/office/medical spaces in North Center near public transit.
Where is this retail space located?
The property is located at 3914 N Lincoln Avenue Chicago, IL.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: High‑traffic location on Lincoln Avenue near Irving Park Road.; New construction ground level retail spaces.; Located in a new 5‑story mixed‑use building with 68 residential units.
More about this property
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