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Starbucks-Anchored Retail Condo Strip
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3062 N Lincoln Ave, Chicago, IL 60657

Starbucks-anchored retail condo strip with three leased units on NNN terms at a signalized intersection.

Property SizeContact for details
Days on Market123

Property Features for 3062 N Lincoln Ave

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Multi
Listing Agency: Marcus & Millichap - Chicago Downtown
Listed By: Mitchell Kiven · License #IL 475.164486
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 2:20PM

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 Marcus & Millichap - Chicago Downtown

Investment Insights

Based on property information with market context.

This Starbucks-anchored retail condo strip includes three retail condos leased to Starbucks, Big City Optical, and D'Aprile Properties. All tenants operate on NNN leases and reimburse their share of real estate taxes, CAM, insurance, and condo assessments. Starbucks most recently extended its lease nearly a year before it expired, and there are approximately 5.5 years remaining on the lease term.

The property is positioned at a corner of Lincoln Avenue, Barry Avenue, and Greenview Avenue at a 6-way signalized intersection in Chicago’s Lakeview neighborhood. The location is steps from the new Whole Foods at the corner of Lincoln and Belmont, and the Paulina Brown Line stop is listed as approximately 0.5 miles away.

Key Highlights

  • Starbucks‑anchored retail condo strip with 3 leased retail condos: Starbucks, Big City Optical, and D'Aprile Properties
  • Located at a 6‑way signalized intersection at Lincoln Ave, Barry Ave, and Greenview Ave in Chicago’s Lakeview neighborhood
  • Starbucks lease: extended nearly a year before expiration; 5.5 years remaining

Property Analytics

Current Use

Kyle Naylor, d'aprile ... Real Estate Agency d'aprile properties Real Estate Agency Baker Byrd Real ... Real Estate Agency Teresita Gonzalez, d'aprile ... Real Estate Agency Ken Schroeder, Realtor® Real Estate Agency

Suggested Use

Top Pick Food Market (Bike/Boat/Book/etc) Store Butcher Grocery & Convenience Store Fish Market Catering Service

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,997
Businesses Nearby
302k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 40% Shops & Services 23% Dining 23% Superstores 11%
Whole Foods Market Groceries
64,387 visits/mo 0.3 miles
Jewel-Osco Groceries
55,541 visits/mo 0.2 miles
McDonald's Dining
36,369 visits/mo 0.3 miles
Target Superstores
32,877 visits/mo 0.4 miles
Shell Shops & Services
14,072 visits/mo 0.5 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

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
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Frequently Asked Questions

What type of property is this?
Strip mall - Starbucks-anchored retail condo strip with three leased units on NNN terms at a signalized intersection.
Where is this strip mall located?
The property is located at 3062 N Lincoln Ave Chicago, IL.
What are key features of this property?
This property features: Starbucks‑anchored retail condo strip with 3 leased retail condos: Starbucks, Big City Optical, and D'Aprile Properties; Located at a 6‑way signalized intersection at Lincoln Ave, Barry Ave, and Greenview Ave in Chicago’s Lakeview neighborhood; Starbucks lease: extended nearly a year before expiration; 5.5 years remaining
(312) 624-7006 Call to check price and availability
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