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Mixed-Use Property with Retail Frontage
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2428 N LINCOLN Avenue, Chicago, IL 60614

Commercial Lease, Chicago, IL

Space SizeContact for details
Lot Size0.06 Acres
Days on Market306

Property Features for 2428 N LINCOLN Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Zoning RTAIL
Directions LINCOLN AVE, JUST NORTH OF FULLERTON
Subdivision CHI - Lincoln Park
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 17290

Utilities

Cooling system Central Air

Building Details

Year built 1902
Floors in Building 1
Building materials Brick
Listing Agency: Jameson Sotheby's Intl Realty
Listed By: Jason Hiller · License #475158547
Added: Oct 20, 2025 Changed: Aug 20 Last Checked: Aug 21 at 5:06PM
MLS# 12498514

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property combines 2,400 SF of ground-floor retail with a 1,000 SF basement and 25 feet of frontage along Lincoln Avenue. The space is currently occupied by Bank of America, which is scheduled to vacate in December 2025. Prior restaurant use is documented, and the retail layout supports multiple commercial configurations. The building also includes a 6bd/4bth townhouse/duplex operated as a short-term rental above the storefront.

The property is across from the Biograph Theater and near the six-way meeting of Lincoln, Fullerton, and Halsted. DePaul University and the Lincoln Commons project by McCaffery are also identified in the surrounding context. Built in 1902 with brick construction, the building has central air and RTAIL zoning.

Key Highlights

  • 2,400 SF of ground‑floor retail space
  • 1,000 SF basement included
  • 25' of Lincoln Avenue frontage

Property Analytics

Current Use

Bank of America Video ... Bank Bank of America ATM Atm

Suggested Use

Top Pick Law Firm Food Market (Bike/Boat/Book/etc) Store Accounting Firm Grocery & Convenience Store Barber Shop

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

6,637
Businesses Nearby

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

$22.5 /SF/Yr
Avg Asking Price
$10–$35 /SF/Yr
Price Range
63,460 SF
Avg Space Size

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Street-level retail space includes a basement and an upper residential component in a prominent Chicago commercial corridor.
Where is this mixed-use property located?
The property is located at 2428 N LINCOLN Avenue Chicago, IL.
What are key features of this property?
This property features: 2,400 SF of ground‑floor retail space; 1,000 SF basement included; 25' of Lincoln Avenue frontage
More about this property
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