Brick Mixed-Use Building with
3248 N LINCOLN Avenue, Chicago, IL 60657
For Sale
$650,000
Under Contract
Commercial Sale, Chicago, IL
Property SizeContact for details
Lot Size0.04 Acres
Days on Market138
Property Features for 3248 N LINCOLN Avenue
General Information
Property type
Property subtype
Zoning
Directions
Subdivision
Standard status
APN
Lot size
Additional Details
Tenant in Place
Mixed-Use Components
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Cooling system
Building Details
Year built
Floors in Building
Number of units
Building materials
Listing Agency:
Jameson Sotheby's Intl Realty
(312) 751-0300
Listed By:
Robert Munds · License #475131063
(312) 335-3291
Added: Jun 25
Changed: Nov 2
Last Checked: Nov 9 at 8:06AM
MLS# 12666947
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1931, this brick mixed-use property combines a ground-floor restaurant space with a second-floor apartment. The residence includes two bedrooms, one bathroom, an updated kitchen and bath, a spacious living room, and a separate dining room. An unfinished basement provides additional interior space, while central air conditioning serves the building. The property is offered in as-is condition.
The restaurant lease runs through October 2027, and the residential tenancy is month-to-month. The sale includes a requirement to purchase the property together with 1630 W. Melrose. The parcel measures 0.0425 acres and is located at 3248 N Lincoln Avenue in Chicago’s Lakeview area.
The restaurant lease runs through October 2027, and the residential tenancy is month-to-month. The sale includes a requirement to purchase the property together with 1630 W. Melrose. The parcel measures 0.0425 acres and is located at 3248 N Lincoln Avenue in Chicago’s Lakeview area.
Key Highlights
- Ground‑floor restaurant lease in place through October 2027
- Second‑floor apartment with 2 bedrooms and 1 bath
- Brick construction dating to 1931
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,158
Businesses Nearby
303k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 40%
Shops & Services 20%
Dining 11%
Superstores 11%
Whole Foods Market
Groceries
64,387 visits/mo
0.1 miles
Jewel-Osco
Groceries
55,541 visits/mo
0.4 miles
Target
Superstores
32,877 visits/mo
0.1 miles
Shell
Shops & Services
15,013 visits/mo
0.4 miles
Anthropologie
Apparel
14,685 visits/mo
0.4 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
$534,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Mixed-use properties in Chicago, IL
Properties on Market for Mixed-use properties in Chicago
Vacancy Rate% for Retail in Chicago, IL
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-story property combines a leased restaurant space with a two-bedroom apartment and central air conditioning.
Where is this mixed-use property located?
The property is located at 3248 N LINCOLN Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Ground‑floor restaurant lease in place through October 2027; Second‑floor apartment with 2 bedrooms and 1 bath; Brick construction dating to 1931
