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Corner Mixed-Use Building
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3937 N Lincoln Ave, Chicago, IL 60613

Fully occupied corner building with a bar/restaurant on the ground floor and two residential units above.

Property SizeContact for details
Days on Market124

Property Features for 3937 N Lincoln Ave

General Information

Standard status Active
Property subtype Mixed Use, Multifamily
Occupancy 100%

Additional Details

Multifamily Units 2

Building Details

Year Renovated 2018
Stories 2
Tenancy Multi
Listing Agency: SVN | Chicago Commercial
Listed By: Marcus Sullivan · License #IL 475139568
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 20 at 8:17PM

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 SVN | Chicago Commercial

Investment Insights

Based on property information with market context.

The property is a corner mixed-use building featuring a ground-floor bar/restaurant and two residential units on the second floor. The ground floor tenant is Brownstone Tavern and the building is fully occupied. The residential level consists of two condo-quality apartments, including one two-bedroom, two-bath unit and one one-bedroom, one-bath unit.

The apartments were fully rehabbed in 2018. The property is located on N Lincoln Avenue in Chicago’s North Center area.

For day-to-day operations, the layout provides a dedicated commercial space below and separate residential units above, with each apartment configured to its own bedroom and bathroom count.

Key Highlights

  • Fully occupied corner mixed‑use building at 3937 N. Lincoln Avenue, Chicago, IL 60613
  • Ground floor occupied by Brownstone Tavern, a well‑known established bar/restaurant
  • Second floor includes two condo‑quality residential units

Property Analytics

Current Use

Brownstone Bar & Pub

Suggested Use

Top Pick Electrical Service Nursing Home Auto Parts Store Tanning Salon (Bike/Boat/Book/etc) Store Butcher

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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,970
Businesses Nearby

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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully occupied corner building with a bar/restaurant on the ground floor and two residential units above.
Where is this mixed-use property located?
The property is located at 3937 N Lincoln Ave Chicago, IL.
What are key features of this property?
This property features: Fully occupied corner mixed‑use building at 3937 N. Lincoln Avenue, Chicago, IL 60613; Ground floor occupied by Brownstone Tavern, a well‑known established bar/restaurant; Second floor includes two condo‑quality residential units
(312) 756-7357 Call to check price and availability
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