Mixed-Use Property with Retail
For Lease
$32 SF/Yr
2428 N LINCOLN Avenue, Chicago, IL 60614
Street-level commercial space includes a basement and Lincoln Avenue frontage.
Space Size2,400 SF
Days on Market296
Property Features for 2428 N LINCOLN Avenue
General Information
Standard status
Active
Size
2,400 SF
Net Rentable
2,400 SF
Zoning
RTAIL
Space & Availability
Available Space
2,400 SF
Contiguous Space
2,400 SF
Space Use
Retail
Additional Details
Frontage
25 ft
Taxes and HOA fees
Annual Taxes
$17,290
Building Details
Year Built
1902
Stories
1
Tenancy
Multi
Listing Agency:
Jameson Sotheby's Intl Realty
(312) 751-0300
Listed By:
Jason Hiller · License #475158547
(312) 751-0300
Source:
Perillorealestategroup
Added: Oct 20, 2025
Changed: Aug 7
Last Checked: Aug 10 at 10:54AM
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 Jameson Sotheby's Intl Realty
Investment Insights
Based on property information with market context.
This mixed-use property combines 2,400 SF of retail space with a 1,000 SF basement and 25' of Lincoln Avenue frontage. The building dates to 1902, and the commercial area has previously accommodated multiple restaurants. The current retail occupant is scheduled to vacate in December 2025.
The property is positioned across from the historic Biograph Theater and near the six-way intersection of Lincoln, Fullerton, and Halsted. DePaul University and the Lincoln Commons project by McCaffery are also identified in the surrounding context.
Above the retail component is a 6bd/4bth townhouse/duplex operated as a short-term rental. The address is 2428 N Lincoln Avenue, Chicago, IL 60614.
The property is positioned across from the historic Biograph Theater and near the six-way intersection of Lincoln, Fullerton, and Halsted. DePaul University and the Lincoln Commons project by McCaffery are also identified in the surrounding context.
Above the retail component is a 6bd/4bth townhouse/duplex operated as a short-term rental. The address is 2428 N Lincoln Avenue, Chicago, IL 60614.
Key Highlights
- 2,400 SF retail space with a 1,000 SF basement
- 25' of Lincoln Avenue frontage
- Current retail occupant scheduled to vacate December 2025
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$4.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
6,637
Businesses Nearby
Explore this area
Business Placement
Demographics for 60614, IL
73,173
Population
38,089
Households
1.9
Avg Household Size
31
Median Age
86%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
22,867
Density / Sq Mi
$139,561
Median Household Income
$86,386
Median Earnings
$2,019
Median Rent
$730,700
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$23.58 /SF/Yr
Avg Asking Price
$10–$35 /SF/Yr
Price Range
73,527 SF
Avg Space Size
This space is priced 36% above the average of $23.58 /SF/Yr.
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Street-level commercial space includes a basement and Lincoln Avenue frontage.
Where is this mixed-use property located?
The property is located at 2428 N LINCOLN Avenue Chicago, IL.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: 2,400 SF retail space with a 1,000 SF basement; 25' of Lincoln Avenue frontage; Current retail occupant scheduled to vacate December 2025
