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Lakeview Retail Space For Rent
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3254 North Lincoln Avenue, Chicago, IL 60657

4,000 SF retail space in the heart of Lakeview.

Space SizeContact for details
Days on Market127

Property Features for 3254 North Lincoln Avenue

General Information

Standard status Active
Property subtype Retail
Listed By: Cliffton Vann
Source: Cbre
Added: May 8 Changed: Sep 10 Last Checked: Sep 11 at 4:56AM

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 Cliffton Vann

Investment Insights

Based on property information with market context.

This 4,000 square foot second-generation retail space is available for rent. It is located on the ground floor of a 66-unit condominium building in the heart of Lakeview. The space includes 5 dedicated on-site parking garage spaces. The retail space features over 22 feet of frontage on Lincoln Avenue. Strong building co-tenants include Aayu Clinics and School of Rock. The location is near national retailers such as Whole Foods, Target, Starbucks, CorePower Yoga, and LA Fitness, as well as local retailers like Brownbag Seafood Company, Frasca Pizzeria, Crosstown Fitness, Bitter Pops and Garfield's Beverage. The property is located one block north of the six-corner intersection of Lincoln, Belmont, & Ashland, with easy access to the CTA Brown Line Station and multiple CTA bus stations. The surrounding area has a dense residential population of approximately 90,000 people with an average household income of over $142,000 within a 1-mile radius.

Key Highlights

  • High‑density, affluent residential population: ~90,000 people with an average household income of over $142,000 within a 1‑mile radius.
  • Prime Lakeview location on Lincoln Avenue with 22' of frontage.
  • Strong co‑tenancy within the building: Aayu Clinics and School of Rock.

Property Analytics

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Current Use

School of Rock Vocational School

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

4,158
Businesses Nearby
303k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 40% Shops & Services 20% Dining 11% Superstores 11%
Whole Foods Market Groceries
64,387 visits/mo 0.1 miles
Jewel-Osco Groceries
55,541 visits/mo 0.4 miles
Target Superstores
32,877 visits/mo 0.1 miles
Shell Shops & Services
15,013 visits/mo 0.4 miles
Anthropologie Apparel
14,685 visits/mo 0.4 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Chicago, IL

$26.1 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
8,322 SF
Avg Space Size

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - 4,000 SF retail space in the heart of Lakeview.
Where is this retail space located?
The property is located at 3254 North Lincoln Avenue Chicago, IL.
What are key features of this property?
This property features: High‑density, affluent residential population: ~90,000 people with an average household income of over $142,000 within a 1‑mile radius.; Prime Lakeview location on Lincoln Avenue with **22' of frontage**.; Strong co‑tenancy within the building: Aayu Clinics and School of Rock.
More about this property
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