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Lincoln Park Medical Office Space
For Lease
$69 SF/Yr

2734 N Lincoln Avenue #1, Chicago, IL 60614

Move-in ready, fully-equipped medical office in prime location.

Space SizeContact for details
Days on Market166

Property Features for 2734 N Lincoln Avenue #1

General Information

Standard status Active
Property subtype Commercial

Amenities

Central air
Central Individual Cooling

Building Details

Year Built 2014
Listing Agency: COLDWELL BANKER REALTY
Listed By: BRUCE HELLER · License #471007740
Source: Corcoran
Added: Mar 6 Changed: Aug 18 Last Checked: Aug 18 at 5:31AM

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 COLDWELL BANKER REALTY

Investment Insights

Based on property information with market context.

This +/- 800 sq. ft. medical office space is designed to support healthcare professionals. It features three exam rooms, a reception area with seating for 10, a dedicated staff workspace, and a break room. The space is fully wired with an up-to-date technology system and CAT 5 wiring. The equipment and furniture are included in the lease, with the exception of the receptionist's computer screens. The office is currently set up to generate income, with one doctor renting an exam room on Wednesdays. This presents an opportunity to set up a practice and potentially offset costs by sharing the space with other medical professionals. The property is located in Lincoln Park.

Key Highlights

  • Move‑in ready, fully equipped medical office space (+/- 800 sq. ft.)
  • Features three spacious exam rooms, reception area, staff workspace, and break room.
  • Potential for immediate income through existing rental of an exam room.

Property Analytics

Current Use

Dr. Swathi Arekapudi Physician Lake Shore Medical ... Medical Group Lake Shore Medical ... Physician Vijayalakshmi L Arekapudi ... Physician

Suggested Use

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

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
$10.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,727
Businesses Nearby
Balanced
Demand for This Use

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

$28.33 /SF/Yr
Avg Asking Price
$8–$95 /SF/Yr
Price Range
27,251 SF
Avg Space Size

This space is priced 144% above the average of $28.33 /SF/Yr.

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Move-in ready, fully-equipped medical office in prime location.
Where is this medical office space located?
The property is located at 2734 N Lincoln Avenue #1 Chicago, IL.
What is the lease rate?
The lease rate is $69 SF/Yr.
What are key features of this property?
This property features: Move‑in ready, fully equipped medical office space (+/- 800 sq. ft.); Features three spacious exam rooms, reception area, staff workspace, and break room.; Potential for immediate income through existing rental of an exam room.
More about this property
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