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Lincoln Park Investment Opportunity

2768 N Lincoln Ave, Chicago, IL

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For Sale

Contact for pricing

Investment property in Chicago's desirable Lincoln Park neighborhood.

Type:RETAIL

Property size:

10,500 SF

Lot size:

0.14 Acres

Price / SF:

$176/SF

HighLights

Located in Lincoln Park, Chicago's premier submarket with the highest income
Investment asset with established, financially successful tenants
Tenants have occupied their spaces for over 5 years
Well‑maintained building requiring no deferred maintenance
Unique investment opportunity
Desirable Northside location

We can help!

Contact an agent

Vern Schultz, SIOR

For Sale

Contact for pricing

Investment property in Chicago's desirable Lincoln Park neighborhood.

Type:RETAIL

Property size:

10,500 SF

Lot size:

0.14 Acres

Price / SF:

$176/SF

Added:: Oct 13, 2025
Days on Market:: 266
Last Refresh:: May 20 at 9:08 pm

Property Features for 2768 N Lincoln Ave

General Information

Standard status: Active
Size: 10,500 SF
Lot size: 0.14 Acres
Property subtype: RETAIL

We can help!

Contact an agent

Vern Schultz, SIOR

Listing office Colliers | Chicago Rosemont

Listing date Oct 13, 2025

Source Moodyscre

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 Colliers | Chicago Rosemont

HighLights

Located in Lincoln Park, Chicago's premier submarket with the highest income
Investment asset with established, financially successful tenants
Tenants have occupied their spaces for over 5 years
Well‑maintained building requiring no deferred maintenance
Unique investment opportunity
Desirable Northside location

Overview

This property presents a unique investment opportunity in the highly desirable Lincoln Park area on Chicago’s Northside. Lincoln Park is recognized as a premier submarket in Chicago, characterized by high income levels. The building is well-maintained, with no deferred maintenance required. Tenants have occupied their spaces for over 5 years, with each business experiencing rewarding financial returns for the owners. The property size is 10500 square feet.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$226.8k	$21.60
− Vacancy	−$19.3k	−$1.84
EGI	$207.5k	$19.76
− OpEx	−$62.3k	−$5.93
NOI	$145.3k	$13.83

10,500 SF · lease $21.60/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use

Retail

$2.08M

$1.82M – $2.42M (±1% cap)

NOI $145,265 @ 7.0% cap · market cap 7.85%

Second Best

—

no second resolved use

Theoretical Best

Office A

$4.95M

$4.33M – $5.78M (±1% cap)

NOI $346,550 @ 7.0% cap · market cap 18.73%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Second Act Clothing & Fashion Store

Suggested Use

Similar Places Nearby

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Magic Flowers Chicago — 1627 W Belmont Ave, Chicago, IL 60657
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Cattails Inc — 1434 W Fullerton Ave, Chicago, IL 60614
Flower of the Dragon Productions — 2936 N Southport Ave, Chicago, IL 60657

Location Insight

Map
Local Demand

City: Chicago
County: Cook
State: Illinois
Longitude: -87.6584
Latitude: 41.932

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For sale
Storefront properties
IL
Chicago
2768-2770 N Lincoln Ave

What type of property is this?

Storefront property - Investment property in Chicago's desirable Lincoln Park neighborhood.

Where is this storefront property located?

The property is located at 2768 N Lincoln Ave Chicago, IL.

What is the asking price?

The asking price for this property is $1,850,000.

What are key features of this property?

This property features: Located in Lincoln Park, Chicago's premier submarket with the highest income; Investment asset with established, financially successful tenants; Tenants have occupied their spaces for over 5 years

2768 N Lincoln Ave, Chicago, IL

Investment property in Chicago's desirable Lincoln Park neighborhood.

Property Features for 2768 N Lincoln Ave

General Information

We can help!

HighLights

Overview

Local Financial Insights For Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Renovated Chicago Industrial Flex Warehouse

Turnkey Restaurant Venue with PPA License

Turnkey Restaurant Venue with PPA License

Turnkey Restaurant Venue with Licenses

Turnkey Restaurant Opportunity in Chicago

Prime Retail Space in Chicago

Chicago Office Building with Parking

Convenience Store Retail Building with Parking

Chicago Commercial Buildings For Sale

Fulton River District Commercial Loft

Wicker Park Corner Retail Building

Corner Retail Suite in New Elevator Building

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