Commercial Condo on Lincoln
For Sale
$360,000
4357 N Lincoln Avenue #C, Chicago, IL 60618
Commercial condo with tenant in place, ideal for investors.
Days on Market276
Property Features for 4357 N Lincoln Avenue #C
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
2014
Listing Agency:
BERKSHIRE HATHAWAY HOMESERVICES CHICAGO
(312) 944-8900
Listed By:
ROBERT WALDSCHMIDT
Source:
Corcoran
Added: Oct 30, 2025
Changed: Jul 6
Last Checked: Aug 1 at 6:05AM
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 BERKSHIRE HATHAWAY HOMESERVICES CHICAGO
Investment Insights
Based on property information with market context.
This commercial condominium presents an opportunity for investors or owner-occupiers. The unit is built out and currently occupied by an arts and crafts business. It is zoned B1-2, which allows for various retail uses. The tenant pays $3,150 per month until October 31, 2026, and $3,200 per month from November 1, 2026, to October 31, 2027, with an option to renew for an additional three years at a 5% increase over the prior year. The tenant is responsible for all expenses except the mortgage, property tax, and HOA fees. The HOA fees are currently $85.90 per month. The property is located on North Lincoln Avenue in Chicago.
Key Highlights
- Existing tenant provides immediate income: $3,150/month until 10/31/26, increasing to $3,200/month until 10/31/27.
- Tenant responsible for all expenses except mortgage, property tax, and HOA fees.
- B1‑2 zoning permits a variety of retail uses.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,906
Businesses Nearby
63k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 52%
Dining 31%
Shops & Services 16%
Jewel-Osco
Groceries
32,837 visits/mo
0.1 miles
Starbucks
Dining
9,653 visits/mo
0.4 miles
Culver's
Dining
9,135 visits/mo
0.3 miles
7-Eleven
Shops & Services
4,328 visits/mo
0.5 miles
The UPS Store
Shops & Services
3,307 visits/mo
0.4 miles
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 Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Commercial condo with tenant in place, ideal for investors.
Where is this retail space located?
The property is located at 4357 N Lincoln Avenue #C Chicago, IL.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Existing tenant provides immediate income: $3,150/month until 10/31/26, increasing to $3,200/month until 10/31/27.; Tenant responsible for all expenses except mortgage, property tax, and HOA fees.; B1‑2 zoning permits a variety of retail uses.
