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3052 Lincoln Ave Chicago, IL 60657

OFF-MARKET Retail properties & Spaces Google Maps
2,909 SF
Estimated value
No estimation on file for this property yet.
Property ID US28-0051489

Property summary

AI-generated overview

This exceptional 2,909 square foot retail or office space is located at 3052 N Lincoln Avenue in Chicago's vibrant Lakeview neighborhood. Situated on a prominent corner, this renovated storefront boasts a 10-12 foot ceiling height, abundant natural light from floor-to-ceiling windows and a mid-unit window wall. The space features an open floor plan ideal for various uses, including retail, office, or medical services. Amenities include two parking spaces in an attached garage, two restrooms (one with a shower), and a full basement for storage. The building is a three-story greystone, and the property sits on a 3,125 square foot lot. The space has 400 amps of power. The property underwent renovations in 2024. Its B1-3 zoning allows for a variety of commercial uses. The location offers excellent visibility and accessibility, with proximity to public transportation (half-mile walk to Brown Line). Annual property taxes are $3.47 per square foot. This location benefits from a high concentration of affluent residents, with average household incomes exceeding $240,000 within a half-mile radius. The property is ready for immediate occupancy.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,909 SF
UPID US28-0051489

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hardware & Home Improvement Interior Design
  • Grocery & Convenience Store Food Market

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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