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3115 N Lincoln Avenue

$950,000

3115 N Lincoln Avenue, Chicago, IL 60657

Active
Last Updated: 03/29/2025

1,656 sqft

Lot Area

1940

Year Built

Details:
Lot Area:    1,656 sqft
Year Built:    1940
MlsNumber:    12318061
Highlights:
  • Annual Tax: $ 36884.74
Description:

Situated in Chicago's vibrant Lakeview neighborhood, this property boasts high visibility on North Lincoln Avenue, a bustling street renowned for its diverse dining, shopping, and entertainment options. This impressive 2-story masonry building spans approximately 3,052 square feet and includes a basement and a rear paved area that may be turned into patio dining space. The space features exposed brick walls, hardwood floors, and a large wood bar, complemented by custom-designed stone restrooms. The 2nd level offers floor-to-ceiling windows, an expansive open layout with custom hardwood flooring, a beautifully-crafted stone powder room, and a convenient service bar. With B3-3 zoning, the property allows for a versatile range of commercial and residential developments, offering investors the flexibility to adapt the space to various business needs or mixed-use projects. Located in a high-demand area with a strong demographic profile, 3115 N Lincoln Ave represents a prime investment opportunity in one of Chicago's most sought-after neighborhoods. Convenient to public transportation. Its strategic location and ongoing transformation into a new dining establishment further enhance its appeal, making it an exceptional prospect for investors and business owners alike.

Map:
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