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Vacant Three-Story Mixed-Use Building
For Sale
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3050 N Lincoln Ave, Chicago, IL 60657

Three-story mixed-use building with ground-floor retail and apartment, plus basement and walkout rooftop deck.

Property Size4,700 SF
Lot Size0.07 Acres
Days on Market122

Property Features for 3050 N Lincoln Ave

General Information

Standard status Active
Size 4,700 SF
Lot size 0.07 Acres
Property subtype Mixed Use

Additional Details

Traffic Count 51,000 vehicles/day
Multifamily Units 1

Amenities

rooftop deck

Building Details

Stories 3
Listing Agency: Greenstone Partners
Listed By: Brewster Hague · License #IL 475.165689
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 5:41PM

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 Greenstone Partners

Investment Insights

Based on property information with market context.

Offered for sale as a 100% fee-simple interest, this 100% vacant three-story mixed-use building includes approximately 4,700 square feet across the main floors and sits on 3,125 square feet of land with 25 feet of frontage along Lincoln Avenue. The ground-floor plan features a retail storefront of approximately 2,900 square feet together with one duplex apartment unit of approximately 1,800 square feet.

The property also includes a basement of approximately 1,275 square feet and a walkout rooftop deck of approximately 1,300 square feet, providing additional usable outdoor space. The building is positioned on Lincoln Avenue just steps from the Lincoln, Ashland, and Belmont Avenues intersection and reports exposure to 51,000 vehicles per day.

A streetscape program along the adjacent avenues is underway, with improvements including widened sidewalks, full-width resurfacing, new street trees and landscaping, and new lighting and traffic signals slated for Summer 2023 completion.

Key Highlights

  • 100% fee‑simple interest in a 3‑story mixed‑use building with 4,700 SF total building area on 3,125 SF of land
  • 25 ft of frontage along N. Lincoln Avenue with exposure to 51,000 vehicles per day
  • Ground‑floor retail storefront totals about 2,900 SF plus one duplex apartment unit of about 1,800 SF

Property Analytics

Current Use

DL Studio Hotel & Motel Solve Clinics Chicago Skin Care Clinic

Suggested Use

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

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

1
Residential units
51,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

3,997
Businesses Nearby
302k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 40% Shops & Services 23% Dining 23% Superstores 11%
Whole Foods Market Groceries
64,387 visits/mo 0.3 miles
Jewel-Osco Groceries
55,541 visits/mo 0.2 miles
McDonald's Dining
36,369 visits/mo 0.3 miles
Target Superstores
32,877 visits/mo 0.4 miles
Shell Shops & Services
14,072 visits/mo 0.5 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

Market

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?
Mixed-use property - Three-story mixed-use building with ground-floor retail and apartment, plus basement and walkout rooftop deck.
Where is this mixed-use property located?
The property is located at 3050 N Lincoln Ave Chicago, IL.
What are key features of this property?
This property features: 100% fee‑simple interest in a 3‑story mixed‑use building with 4,700 SF total building area on 3,125 SF of land; 25 ft of frontage along N. Lincoln Avenue with exposure to 51,000 vehicles per day; Ground‑floor retail storefront totals about 2,900 SF plus one duplex apartment unit of about 1,800 SF
(312) 234-0360 Call to check price and availability
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