Property profile

3843 Lincoln Ave Chicago, IL 60613

OFF-MARKET
Retail properties & Spaces
Property ID
US28-0760923
6,000 SF
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Property summary

AI-generated overview

This exceptional sublease opportunity presents a versatile 6,000 square foot storefront commercial condo located at 3843 N Lincoln Ave in Chicago's desirable North Center neighborhood (zip code 60613). The property boasts a prime street retail location within a Class B building, offering high visibility and accessibility. The single-tenant space is ideal for a variety of businesses, benefiting from strong area demographics and high foot traffic. The building itself is a three-story structure with one parking space. The lot size is 6,100 square feet, and the property is zoned B1-2. This sublease offers a long-term, favorable lease, making it an attractive option for businesses seeking a well-established location in a thriving community. North Center is known for its excellent housing stock, highly-rated public schools, and convenient lifestyle, attracting residents from across the city. Its proximity to Lincoln Square and Lakeview further enhances its appeal and accessibility. This is a rare chance to secure a prominent location in a high-demand area with significant growth potential. Don't miss this opportunity to establish or expand your business in this vibrant Chicago neighborhood.

Property profile

Verified
Property type Retail properties & Spaces
Total area 6,000 SF
UPID US28-0760923

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
  • Law Firm
  • Insurance Agency

Location

3843 Lincoln Ave Chicago, IL 60613
Chicago metro
Google Maps

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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