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    3044 N Lincoln Ave Chicago, IL 60657

    For Lease
    $14 SF/Yr

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

    Property Features for 3044 N Lincoln Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1960

    Source: @PROPERTIES COMMERCIAL Agent IAN FEINERMAN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lincoln Avenue Retail/Office/Manufacturing Space

    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.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.665425
    Latitude
    41.9369867

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    FAQs

    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 Ave 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.
    (312) 506-0200
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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
    3044 N Lincoln Ave Chicago, IL 60657
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