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    3914 Lincoln Ave Chicago, IL 60613

    • Retail space
    • 1,600 SF
    • 0.05 lot acres
    For Lease
    View listing
    $30 SF/Yr
    Value Estimation
    $4,175,000
    Last Sale
    Aug 04, 2021
    $4,000,000
    Location Intelligence
    Property ID
    US28-1278243
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 3914 Lincoln Ave

    Year built
    1907
    Lot size
    0.05 lot acres
    Property size
    1,600 SF
    Property type
    Retail space
    APN
    14-19-202-010
    APU
    1419202010

    Description

    This exceptional retail opportunity presents three available spaces within a brand-new, five-story mixed-use building in Chicago's desirable North Center neighborhood. Located at 3914 N Lincoln Ave, the property offers a total of 7,185 square feet of vacant retail space, with individual units ranging from a minimum of 907 square feet to a maximum contiguous space of 4,589 square feet. The building boasts a B1-3 zoning classification, ideal for a variety of commercial uses. This ground-level retail space benefits from its location within a building also featuring 68 residential units, ensuring a built-in customer base. The property's convenient location provides excellent accessibility, with bus routes 50 and 80 within a block and the Brown Line CTA at Irving Park just a six-minute walk away. On-site parking is also available for added convenience. This is a rare chance to secure high-visibility retail space in a thriving, densely populated area of Chicago, Cook County, Illinois (zip code 60613). The property is ready for immediate occupancy. Inquire today to learn more about leasing options and secure your space in this exciting new development.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,115,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,980,000
      6.5%
      $4,295,000
      7%
      $3,990,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,940,000
      Geo Method
      $3,745,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,430,000
      Retail
      $3,845,000
      Mixed-Use
      $4,330,000
      Hospitality
      $5,125,000
      Educational
      $4,285,000
      Residential Income
      $4,445,000
      Energy
      $4,835,000
      Income-Based Land
      $3,945,000
      Food Service
      $4,515,000

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6781
    Latitude
    41.9528
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $15,872
    $33,795
    $41,085
    $74,880
    -
    $135,180
    $164,340
    $299,520

    Comparable in this City

    • Value Estimation by Request
      3,600 SF

      3629 Halsted St

      Individual retail properties • 3,600 SF
      3629 Halsted St, Chicago, IL 60613
      View Details
    • Value Estimation by Request

      940 Addison St

      RETAIL STORES (PERSONAL SERVICES)
      940 Addison St, Chicago, IL 60613-4346
      View Details
    • Value Estimation by Request
      1,000 SF

      1635 Irving Park Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,000 SF
      1635 Irving Park Rd, Chicago, IL 60613-2526
      View Details
    • Value Estimation by Request
      15,300 SF

      3645 Halsted St

      RETAIL STORES (PERSONAL SERVICES) • 15,300 SF
      3645 Halsted St, Chicago, IL 60613
      View Details
    • Value Estimation by Request
      3,461 SF

      3853 Southport Ave

      STORE, RETAIL OUTLET • 3,461 SF
      3853 Southport Ave, Chicago, IL 60613-2823
      View Details
    • Value Estimation by Request
      9,000 SF

      3926 Broadway St

      RETAIL STORES (PERSONAL SERVICES) • 9,000 SF
      3926 Broadway St, Chicago, IL 60613-3037
      View Details

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    3914 Lincoln Ave
    Chicago, IL 60613
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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
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