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    4609 N Lincoln Ave Chicago, IL 60625

    For Lease
    $50 SF/Yr

    Fully-functioning restaurant space in the heart of Lincoln Square.

    Property Features for 4609 N Lincoln Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1950

    Source: STRAUSS REALTY LTD Agent CRAIG WOLF

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

    Overview

    Restaurant Space in Lincoln Square

    This is a fully-functioning restaurant space located in the heart of Lincoln Square. The commercial heart of Lincoln Square is centered around the pedestrian-friendly Lincoln Avenue, which features independent shops and businesses, cafes, and restaurants. The space includes a 10' hood and ADA restrooms. It is located across from the historic Davis Theater.
    Location Intelligence

    Current Use by Public Records

    Luella's Southern Kitchen Southern Restaurant (Us)

    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.

    Similar Places Nearby

    At Your Service Inc, Dinner Is Solved, Windy City Chef Catering and Events

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6860166
    Latitude
    41.965344

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    FAQs

    What type of property is this?
    Restaurant - Fully-functioning restaurant space in the heart of Lincoln Square.
    Where is this restaurant located?
    The property is located at 4609 N Lincoln Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $50 SF/Yr.
    What are key features of this property?
    This property features: - Prime Lincoln Square location, in the heart of the commercial district.; - Fully-functioning restaurant space.; - 10' hood in place.
    (773) 736-3600
    Request Owner's contact information
    4609 N Lincoln Ave Chicago, IL 60625
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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
    4609 N Lincoln Ave Chicago, IL 60625
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