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Approved Mixed-Use Development Site
For Sale
Contact for pricing
Pending

5029-31 N Lincoln, Chicago, IL 60625

B2-3 TOD-zoned site with approved plans for a mixed-use building featuring retail and residential components.

Property SizeContact for details
Days on Market378

Property Features for 5029-31 N Lincoln

General Information

Standard status Pending
Total Parking Spaces 16
Property subtype Retail, Multifamily, Land
Zoning TOD B2-3
Listing Agency: Kiser group
Listed By: Jacob Price · License #475.201874
Source: Crexi
Added: Aug 22, 2025 Changed: Aug 29 Last Checked: Aug 31 at 6:18PM

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 Kiser group

Investment Insights

Based on property information with market context.

The 14,794-square-foot development site at 5029-31 N. Lincoln Avenue is approved for a 5-story mixed-use building with 47 apartments and ground-floor retail. The residential plan includes thirty-one 2-bedroom / 2-bathroom units and sixteen 1-bedroom units. Retail space is planned at approximately 1,250 square feet with frontage along Lincoln Avenue.

The approved design also includes an elevator, 16 parking spaces, a bike room, and a rooftop deck. The property is 0.4 miles from the Western Brown Line CTA station and is located within Chicago’s Lincoln Square neighborhood, along a commercial corridor with national and independent retailers and restaurants.

Key Highlights

  • 14,794‑square‑foot development site at 5029‑31 N. Lincoln Avenue
  • Approved 47‑unit, 5‑story mixed‑use building with ground‑floor retail
  • Residential mix includes thirty‑one 2‑bedroom / 2‑bathroom apartments and sixteen 1‑bedroom units

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Kitchen & Bath Showroom Skin Care Clinic Computer & Electronic Repair

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

535
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - B2-3 TOD-zoned site with approved plans for a mixed-use building featuring retail and residential components.
Where is this commercial land located?
The property is located at 5029-31 N Lincoln Chicago, IL.
What are key features of this property?
This property features: 14,794‑square‑foot development site at 5029‑31 N. Lincoln Avenue; Approved 47‑unit, 5‑story mixed‑use building with ground‑floor retail; Residential mix includes thirty‑one 2‑bedroom / 2‑bathroom apartments and sixteen 1‑bedroom units
(773) 293-5045 Call to check price and availability
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