Retail Space with
For Lease
$32 SF/Yr
2428 N LINCOLN Avenue, Chicago, IL 60614
The premises include a basement and have supported both retail and restaurant uses.
Space SizeContact for details
Days on Market319
Property Features for 2428 N LINCOLN Avenue
General Information
Standard status
Active
Zoning
RTAIL
Taxes and HOA fees
Annual Taxes
$17,290
Building Details
Year Built
1902
Stories
1
Listing Agency:
Jameson Sotheby's Intl Realty
Listed By:
Jason Hiller · License #475158547
(312) 751-0300
Source:
Ozmentrealestate
Added: Oct 20, 2025
Changed: Aug 30
Last Checked: Aug 31 at 5:09PM
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 retail offering at 2428 N Lincoln Avenue includes approximately 2,400 SF on the retail level plus a 1,000 SF basement. The premises provide 25 feet of Lincoln Avenue frontage and have previously accommodated multiple restaurant operations in addition to retail use. The existing Bank of America occupancy is scheduled to end in December 2025.
The property sits across from the 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 6-bedroom, 4-bathroom townhouse/duplex operated as a 5-star short-term rental. The building dates to 1902.
The property sits across from the 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 6-bedroom, 4-bathroom townhouse/duplex operated as a 5-star short-term rental. The building dates to 1902.
Key Highlights
- 2,400 SF retail space with an additional 1,000 SF basement
- 25' of frontage along Lincoln Avenue
- Existing Bank of America tenancy scheduled to vacate December 2025
Property Analytics
Property Profile
Current Use
Lease Details
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
$27.62 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,516 SF
Avg Space Size
This space is priced 16% above the average of $27.62 /SF/Yr.
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - The premises include a basement and have supported both retail and restaurant uses.
Where is this retail space 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 an additional 1,000 SF basement; 25' of frontage along Lincoln Avenue; Existing Bank of America tenancy scheduled to vacate December 2025
