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Commercial Condo Near CTA Station
For Sale
$199,000

4124 N Lincoln Avenue, Chicago, IL 60618

1,142 SF commercial condo near CTA Brown Line station.

Property Size1,142 SF
Price / SF$174.26
Days on Market165

Property Features for 4124 N Lincoln Avenue

General Information

Standard status Active
Size 1,142 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $5,203

Amenities

Central air
Central Air Cooling

Building Details

Year Built 2005
Listing Agency: DAVOS REALTY GROUP INC.
Listed By: DEMETRIOS DAVOS
Source: Corcoran
Added: Mar 9 Changed: Aug 8 Last Checked: Aug 8 at 6:25AM

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 DAVOS REALTY GROUP INC.

Investment Insights

Based on property information with market context.

This newer construction commercial condominium offers 1,142 square feet of space and is available for sale or lease. The property has been recently built out as a counseling office, featuring 4 private offices, a waiting area, a kitchenette/break room, and an ADA-compliant washroom. Real estate taxes are lower than typical for newer commercial condominiums. The property is situated in a neighborhood just north of the Lincoln/Damen/Irving Park Road intersection, approximately 0.4 miles from the new CTA Brown Line station at Irving Park Road. The surrounding area includes businesses such as CVS, Wintrust Bank, MB Financial Bank, ATT, T-Mobile, Swedish Covenant Immediate Care, and Chicago Title, along with numerous neighborhood restaurants and local businesses. The area is known for its public and private schools, attracting affluent young families. Easy street parking is available.

Key Highlights

  • Newer construction commercial condo (1,142 SF) in a desirable neighborhood.
  • Low real estate taxes compared to similar newer commercial condos.
  • Built‑out counseling office with 4 private offices, waiting area, kitchenette, and ADA washroom.

Property Analytics

Current Use

Quigley Insurance Group ... Insurance Agency Centered Therapy Chicago Medical Clinic Open Book Therapy Psychotherapist Elpida Tax Services ... Accounting Firm Funding Loan Service

Suggested Use

Top Pick Food Market Grocery & Convenience Store Supermarket Home Appliance Store Electrical Service Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,930
Businesses Nearby

Demographics for 60618, IL

90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
Median Home Value

Market

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
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Frequently Asked Questions

What type of property is this?
Office units - 1,142 SF commercial condo near CTA Brown Line station.
Where is this office units located?
The property is located at 4124 N Lincoln Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Newer construction commercial condo (1,142 SF) in a desirable neighborhood.; Low real estate taxes compared to similar newer commercial condos.; Built‑out counseling office with **4 private offices, waiting area, kitchenette, and ADA washroom.**
More about this property
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