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    4001 Lincoln Ave Chicago, IL 60618

    For Lease
    Contact for pricing

    Prime Chicago Retail, Two Spaces Available

    Lot size:
    1,215 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional retail opportunity presents two available spaces totaling approximately 1,215 square feet, situated in a vibrant Chicago location at 4001 N Lincoln Ave, zip code 60618. The property is a single-story building offering multiple tenancies, with both spaces currently vacant. One space measures approximately 1,215 square feet, while the other is approximately 1,260 square feet (exact dimensions should be verified). The building is ideally located in the North Center neighborhood, at the bustling intersection of Lincoln, Damen, and Irving Park Avenues, ensuring high visibility and foot traffic. This prime location benefits from convenient access to public transportation, including proximity to the Brown Line and Metra station, enhancing accessibility for both employees and customers. Ample customer parking is available, adding to the property's appeal. The area boasts a strong mix of established businesses, including well-known national brands such as Trader Joe's, UPS Store, CVS, Jewel-Osco, AT&T, and Starbucks, creating a thriving commercial environment. The space was previously used as a hair salon, offering a ready-made layout for a similar business or adaptable for other retail uses. This is a rare opportunity to secure a well-positioned retail space in a highly desirable Chicago neighborhood. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 4001 Lincoln Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,215 SF

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    4019
    Size
    1,260 SF
    Space
    4033B
    Size
    1,215 SF

    HighLights

    • Two vacant retail spaces totaling ~2,475 SF available in a vibrant Chicago location.
    • Located at 4001 N Lincoln Ave, Chicago, IL 60618, at the intersection of Lincoln, Damen, and Irving Park Avenues.
    • High visibility and foot traffic; near Brown Line & Metra.
    • Ample customer parking available.
    • Surrounded by strong national brands (Trader Joe's, UPS Store, CVS, etc.).
    • Previously a hair salon; adaptable for various retail uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6787531
    Latitude
    41.9542062

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    FAQs

    What type of property is this?
    Retail property - Prime Chicago Retail, Two Spaces Available
    Where is this retail property located?
    The property is located at 4001 Lincoln Ave Chicago, IL.
    What are key features of this property?
    This property features: Two vacant retail spaces totaling ~2,475 SF available in a vibrant Chicago location.; Located at 4001 N Lincoln Ave, Chicago, IL 60618, at the intersection of Lincoln, Damen, and Irving Park Avenues.; High visibility and foot traffic; near Brown Line & Metra.
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    4001 Lincoln Ave Chicago, IL 60618
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4001 Lincoln Ave Chicago, IL 60618
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