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Lincoln Square Restaurant Space Available
For Lease
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4539 N Lincoln Ave, Chicago, IL 60625

1,800 SF restaurant space in Chicago's Lincoln Square.

Space Size1,800 SF
Property Size4,101 SF
Days on Market630

Property Features for 4539 N Lincoln Ave

General Information

Standard status Active
Size 1,800 SF
Property subtype Retail

Building Details

Building Size 4,101 SF
Tenancy Single

Spaces For Lease

at 4539 N Lincoln Ave Contact us

Available Space

Size
1,800 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: SVN | Chicago Commercial
Listed By: Marcus Sullivan · License #IL 475139568
Source: Crexi
Added: Dec 2, 2024 Changed: Aug 11 Last Checked: Aug 23 at 12:27PM

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.

This 1,800-square-foot restaurant space is located in the Lincoln Square neighborhood of Chicago. The space is suitable for various hospitality concepts, ranging from upscale dining to a neighborhood bistro. It features an open kitchen design, operable windows facing Lincoln Avenue, a finished basement for prep and storage, and a private outdoor area. The location benefits from demand generators such as the Old Town School of Music and the Davis Theater. Lincoln Square is known for its blend of historic charm and modern amenities, tree-lined streets, and a mix of shops, restaurants, and community spaces.

Key Highlights

  • Prime 1,800 sq ft restaurant space in Lincoln Square.
  • Open kitchen design creating a dynamic atmosphere.
  • Finished basement for prep and storage.

Property Analytics

Current Use

Gather Restaurant

Suggested Use

Top Pick Food Market Home Appliance Store Fish Market (Bike/Boat/Book/etc) Store Supermarket Restaurant

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

NNN (Triple Net)
Lease Type
$8.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,479
Businesses Nearby
98k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 41% Groceries 34% Shops & Services 21% Home Improvements & Furnishings 3%
Jewel-Osco Groceries
32,837 visits/mo 0.5 miles
Wendy's Dining
16,427 visits/mo 0.3 miles
Burger King Dining
14,996 visits/mo 0.4 miles
Dollar Tree Shops & Services
8,360 visits/mo 0.3 miles
AutoZone Shops & Services
7,489 visits/mo 0.3 miles

Demographics for 60625, IL

76,525
Population
33,932
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
87%
High-School Grad
3.8 sq mi
ZIP Area
20,138
Density / Sq Mi
$85,299
Median Household Income
$48,314
Median Earnings
$1,455
Median Rent
$396,700
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$27.27 /SF/Yr
Avg Asking Price
$16–$55 /SF/Yr
Price Range
15,154 SF
Avg Space Size

This space is priced 96% above the average of $27.27 /SF/Yr.

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

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  • Windy City Chef Catering and Events 2631 w ainslie st, chicago, il 60625

Frequently Asked Questions

What type of property is this?
Restaurant - 1,800 SF restaurant space in Chicago's Lincoln Square.
Where is this restaurant located?
The property is located at 4539 N Lincoln Ave Chicago, IL.
What is the lease rate?
The lease rate is $53.33 SF/Yr.
What are key features of this property?
This property features: Prime 1,800 sq ft restaurant space in Lincoln Square.; Open kitchen design creating a dynamic atmosphere.; Finished basement for prep and storage.
(312) 756-7357 Call to check price and availability
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