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Lincoln Avenue Retail/Office/Manufacturing Space
For Lease
$14 SF/Yr

3044 N Lincoln Avenue, Chicago, IL 60657

Revitalized Lincoln Ave location suitable for retail, office, or manufacturing.

Space SizeContact for details
Days on Market748

Property Features for 3044 N Lincoln Avenue

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $34,253

Amenities

Central air
Central Air Cooling

Building Details

Year Built 1960
Listing Agency: @PROPERTIES COMMERCIAL
Listed By: IAN FEINERMAN · License #475124617
Source: Corcoran
Added: Jul 27, 2024 Changed: Aug 8 Last Checked: Aug 8 at 12:04PM

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 @PROPERTIES COMMERCIAL

Investment Insights

Based on property information with market context.

The property is the former Waxman Candles location situated along revitalized Lincoln Avenue. It is a single-story bow truss building that includes basement storage and a garage door in the rear. The space features high ceilings and 50 feet of frontage, providing ample natural light through windows and a large skylight. A lofted area in the rear offers additional space suitable for office use. The property is suitable for a restaurant or bar, retail, office, gallery, light manufacturing, or design studios with retail frontage. Area tenants include Target, Whole Foods, Golden Apple, Home Carpet One, and Heritage bikes and coffee shop.

Key Highlights

  • Prime location on revitalized Lincoln Ave with high‑visibility frontage.
  • Versatile bow truss building suitable for restaurant/bar, retail, office, gallery, light manufacturing, or design studios.
  • High ceilings, large windows, and skylight provide abundant natural light.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Food Market (Bike/Boat/Book/etc) Store Butcher Home Appliance Store Grocery & Convenience Store Fish Market

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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,997
Businesses Nearby

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

Lease Benchmarks for Chicago, IL

$25.68 /SF/Yr
Avg Asking Price
$8–$80 /SF/Yr
Price Range
8,912 SF
Avg Space Size

This space is priced 45% below the average of $25.68 /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 - Revitalized Lincoln Ave location suitable for retail, office, or manufacturing.
Where is this retail space located?
The property is located at 3044 N Lincoln Avenue Chicago, IL.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Prime location on revitalized Lincoln Ave with high‑visibility frontage.; Versatile bow truss building suitable for restaurant/bar, retail, office, gallery, light manufacturing, or design studios.; High ceilings, large windows, and skylight provide abundant natural light.
More about this property
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