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Basement Retail Space with Exposed Brick
For Lease
$12 SF/Yr

2816 N Lincoln Avenue Basement, Chicago, IL 60657

C1-2-zoned space includes exposed brick and a built-out bathroom.

Space Size1,900 SF
Days on Market16

Property Features for 2816 N Lincoln Avenue Basement

General Information

Standard status Active
Size 1,900 SF
Net Rentable 1,900 SF
Zoning C1-2

Space & Availability

Available Space 1,900 SF
Contiguous Space 1,900 SF
Floor Basement

Amenities

exposed brick
bathroom

Building Details

Year Built 1893
Listing Agency: Coordinate Properties LLC
Listed By: Amanda Stamelos · License #471019385
Source: Liveliferealty
Added: Aug 19 Changed: Aug 28 Last Checked: Sep 1 at 11:07PM

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 Coordinate Properties LLC

Investment Insights

Based on property information with market context.

This 1,900-square-foot basement retail space offers an adaptable interior for a new tenant’s design concept. Existing features include exposed brick and a built-out bathroom, providing a useful starting point for the space’s finish plan.

The property is located on Lincoln Avenue just north of Diversey in Chicago. Zoning is C1-2, and the building dates to 1893. Parking spaces are available separately. The space may accommodate retail concepts such as a salon, spa, convenience store, barber shop, beauty parlor, or boutique clothing shop, subject to applicable requirements.

Key Highlights

  • 1,900‑square‑foot basement retail space
  • C1‑2 zoning
  • Exposed brick interior

Property Analytics

Current Use

Capri Salon Suites Hair Salon Korean facial Skin ... Medical Clinic

Suggested Use

Top Pick Food Market (Bike/Boat/Book/etc) Store Home Appliance Store Butcher Coworking & Hybrid Office Tattoo & Piercing 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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,969
Businesses Nearby
120k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 50% Shops & Services 46% Home Improvements & Furnishings 3% Apparel 1%
Shell Shops & Services
14,072 visits/mo 0.1 miles
Chipotle Mexican Grill Dining
12,035 visits/mo 0.5 miles
Lou Malnati's Pizzeria Dining
11,245 visits/mo 0.4 miles
Shell Shops & Services
9,185 visits/mo 0.5 miles
Qdoba Mexican Grill Dining
7,929 visits/mo 0.3 miles

Demographics for 60657, IL

72,316
Population
42,246
Households
1.7
Avg Household Size
32
Median Age
87%
College-Educated
99%
High-School Grad
2.2 sq mi
ZIP Area
32,871
Density / Sq Mi
$109,025
Median Household Income
$77,731
Median Earnings
$1,839
Median Rent
$534,500
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 57% below the average of $27.62 /SF/Yr.

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - C1-2-zoned space includes exposed brick and a built-out bathroom.
Where is this retail space located?
The property is located at 2816 N Lincoln Avenue Basement Chicago, IL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 1,900‑square‑foot basement retail space; C1‑2 zoning; Exposed brick interior
More about this property
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