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Lincoln Avenue Retail Investment Property

3740 N Lincoln Avenue Chicago, Chicago, IL 60613

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For Sale

$695,000

Commercial space with established tenants and attractive CAP rate.

Type:Commercial

Listing Contact

KIERAN FAHY

HighLights

Established tenants in place since 2019 with new 5‑year leases extending to 2030, providing immediate and stable income.
Attractive CAP rate and annual rent escalations offer strong investment potential.
Prime location on bustling Lincoln Avenue, just 1 mile from Wrigley Field and a 6‑minute walk to the Addison Brown Line.
Unique property with over 130 ft of road frontage, maximizing exposure and natural light.
Two deeded garage parking spaces included.
Recent updates including new roof (2021) and interior build‑outs (2019‑2020) minimize near‑term capital expenditures.

For Sale

$695,000

Commercial space with established tenants and attractive CAP rate.

Type:Commercial

Added:: Sep 2, 2025
Days on Market:: 283
Last Refresh:: May 11 at 12:45 am

Property Features for 3740 N Lincoln Avenue Chicago

General Information

Standard status: Active
Property subtype: Commercial

Building Details

Year Built: 2006

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Listing Contact

KIERAN FAHY

Listing agent KIERAN FAHY

Listing office FAHY REAL ESTATE INC

Listing date Sep 2, 2025

Source Corcoran

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 FAHY REAL ESTATE INC

HighLights

Established tenants in place since 2019 with new 5‑year leases extending to 2030, providing immediate and stable income.
Attractive CAP rate and annual rent escalations offer strong investment potential.
Prime location on bustling Lincoln Avenue, just 1 mile from Wrigley Field and a 6‑minute walk to the Addison Brown Line.
Unique property with over 130 ft of road frontage, maximizing exposure and natural light.
Two deeded garage parking spaces included.
Recent updates including new roof (2021) and interior build‑outs (2019‑2020) minimize near‑term capital expenditures.

Overview

This commercial property features 3,100 square feet of space divided into two individual storefronts. The property is located on Lincoln Avenue and offers over 130 feet of road frontage, providing significant exposure and natural light. Established tenants occupy the spaces since 2019, with new 5-year leases extending until 2030. Both storefronts were renovated between 2019 and 2020, including updated flooring, bathrooms, and paint. A full tear-off roof was installed in 2021. The property includes two deeded garage parking spaces. The location is approximately 1 mile west of Wrigley Field and a 6-minute walk to the Addison brown line. The property is offered with an attractive CAP rate and annual rent escalations. A management company is in place should the new owner wish to continue with their services. This property is suitable as an investment or a 1031 exchange.

Property Profile Location Intelligence

Current Use by Public Records

Botanical Cafe Cafe & Coffee Shop

Suggested Use

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Location Insight

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Local Demand

City: Chicago
County: Cook
State: Illinois
Longitude: -87.676
Latitude: 41.9499

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For sale
Storefront properties
IL
Chicago
60613
3740 N Lincoln Avenue

What type of property is this?

Storefront property - Commercial space with established tenants and attractive CAP rate.

Where is this storefront property located?

The property is located at 3740 N Lincoln Avenue Chicago Chicago, IL.

What is the asking price?

The asking price for this property is $695,000.

What are key features of this property?

This property features: Established tenants in place since 2019 with new 5‑year leases extending to 2030, providing immediate and stable income.; Attractive CAP rate and annual rent escalations offer strong investment potential.; Prime location on bustling Lincoln Avenue, just 1 mile from Wrigley Field and a 6‑minute walk to the Addison Brown Line.