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Lincoln Avenue Retail Space Available
For Lease
$12 SF/Yr

2816 N Lincoln Avenue #Basement, Chicago, IL 60657

1,200 sqft lower-level retail space in prime location.

Space SizeContact for details
Days on Market189

Property Features for 2816 N Lincoln Avenue #Basement

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $19,455

Amenities

Central air
Central Air Cooling

Building Details

Year Built 1893
Listing Agency: COORDINATE PROPERTIES LLC
Listed By: AMANDA STAMELOS · License #471019385
Source: Corcoran
Added: Feb 5 Changed: Aug 12 Last Checked: Aug 13 at 6:24AM

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 1,200 sqft lower-level retail space is located on Lincoln Avenue, just north of Diversey. The property is zoned C1-2, which allows for a range of potential uses, including a salon, spa, convenience store, barber shop, beauty parlor, or boutique clothing shop. The space features exposed brick and a built-out bathroom. Parking spaces are available for an additional cost. The location benefits from heavy foot and car traffic.

Key Highlights

  • Prime location on Lincoln, just north of Diversey, with heavy foot and car traffic.
  • Zoned C1‑2, allowing for a wide range of retail business types (salon, spa, convenience store, etc.).
  • 1,200 sqft lower level retail space.

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

$25.68 /SF/Yr
Avg Asking Price
$8–$80 /SF/Yr
Price Range
8,912 SF
Avg Space Size

This space is priced 53% below the average of $25.68 /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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - 1,200 sqft lower-level retail space in prime location.
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: Prime location on Lincoln, just north of Diversey, with heavy foot and car traffic.; Zoned C1‑2, allowing for a wide range of retail business types (salon, spa, convenience store, etc.).; 1,200 sqft lower level retail space.
More about this property
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