Three-Space Restaurant
For Sale
Contact for pricing
Pending
3900-08 N Lincoln Ave, Chicago, IL 60613
B1-2-zoned property with three commercial spaces, an existing business, and a liquor license.
Property Size5,303 SF
Lot Size0.18 Acres
Days on Market143
Property Features for 3900-08 N Lincoln Ave
General Information
Standard status
Pending
Size
5,303 SF
Lot size
0.18 Acres
Property subtype
Retail, Business for Sale
Zoning
B1-2
Net Operating Income
$54,999
Financials
Asking Price
$1,250,000
Business Included
Yes
Building Details
Tenancy
Multi
Listing Agency:
Strauss Realty
(773) 736-3600
Listed By:
Craig Wolf · License #IL
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 9:23PM
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 Strauss Realty
Investment Insights
Based on property information with market context.
This restaurant-oriented commercial property contains three retail spaces within a 5,303-square-foot building on a 7,675-square-foot parcel. One space is occupied by C’est Bien Thai, which has a lease extending through 9/30/21 with a 5-year option. Wasabi Cafe is owned by the real estate owner, and its lease may be canceled at any time.
The property is located at 3900-08 N. Lincoln Ave in Chicago’s North Center area, approximately 0.3 miles from the CTA stop at Irving Park. B1-2 zoning and the existing liquor license add relevant operational context for restaurant users.
The property is located at 3900-08 N. Lincoln Ave in Chicago’s North Center area, approximately 0.3 miles from the CTA stop at Irving Park. B1-2 zoning and the existing liquor license add relevant operational context for restaurant users.
Key Highlights
- Three retail spaces within a 5,303 SF building
- 7,675 SF land area
- B1‑2 zoning
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
3,970
Businesses Nearby
141k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 48%
Shops & Services 31%
Dining 19%
Home Improvements & Furnishings 3%
Trader Joe's
Groceries
34,539 visits/mo
0.3 miles
Jewel-Osco
Groceries
32,837 visits/mo
0.4 miles
Pet Supplies Plus
Shops & Services
30,736 visits/mo
0.3 miles
Popeyes Louisiana Kitchen
Dining
15,882 visits/mo
0.5 miles
Starbucks
Dining
9,653 visits/mo
0.1 miles
Demographics for 60613, IL
53,048
Population
31,263
Households
1.7
Avg Household Size
34
Median Age
75%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
23,064
Density / Sq Mi
$91,351
Median Household Income
$68,713
Median Earnings
$1,616
Median Rent
$397,800
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - B1-2-zoned property with three commercial spaces, an existing business, and a liquor license.
Where is this conventional restaurant located?
The property is located at 3900-08 N Lincoln Ave Chicago, IL.
What are key features of this property?
This property features: Three retail spaces within a 5,303 SF building; 7,675 SF land area; B1‑2 zoning
