4128 Lincoln Ave Chicago, IL 60618-9550

Property Details for 4128 Lincoln Ave

Year built

1932

Construction

FRAME

Lot size

0.09 lot acres

Property size

2,685 SF

Property type

Residential income homes

Property subtype

Small apartment buildings

APN

14-18-321-054

APU

1418321054

Description

This thriving 1,600-square-foot bar and restaurant is located in Chicago's desirable North Center neighborhood at 4128 N Lincoln Ave, zip code 60618, Cook County, Illinois. Built in 1898 and extensively renovated in 2019, this single-tenant property boasts a prominent corner location with two expansive outdoor areas, perfect for expanding seating capacity. The fully equipped commercial kitchen supports daily operations and caters to private events. The interior comfortably accommodates regular service and offers additional space for private functions and gatherings. The sale includes the assignment of a favorable net lease, a transfer of the business entity holding all licenses, and all existing furniture, fixtures, and equipment (FF&E). The property sits on a 5,297-square-foot lot and is zoned B3-2. The asking price is $175,000, translating to $109.38 per square foot. This well-maintained establishment is situated in a vibrant, family-friendly neighborhood known for its tree-lined streets, diverse housing options, and a mix of local businesses and entertainment venues along Lincoln Avenue and Irving Park Road. The area offers a strong residential base and a lively atmosphere, creating a robust customer base for this turnkey opportunity. This is an exceptional owner/user investment opportunity with a business sale and lease assignment.

Location Insight

City

Chicago

County

Cook

State

Illinois

Longitude

-87.681

Latitude

41.9567

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments