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3248 N Lincoln Avenue Chicago, IL 60657

$650,000
Active / MLS# 12666947 / Commercial - Business / Chicago
0 Beds
3050 SqFt

Rare mixed-use investment opportunity in the heart of Lakeview. Solid brick building featuring a ground-floor restaurant space with a lease in place through October 2027, providing stable income. The second-floor apartment offers 2 bedrooms, 1 bath, an updated kitchen and bath, spacious living room, and separate dining room. Zoned B1-3, offering long-term redevelopment and value-add potential. Residential tenant is month-to-month. Property is being sold in as-is condition and must be purchased together with 1630 W. Melrose. Excellent opportunity for investors, developers, or owner-users seeking a prime Lincoln Avenue location. Unfinished basement.

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Baird & Warner Michael Beaver Agent Cell: 773.368.1969 Email

Property Details

Property Type: Commercial - Business
Cooling: Central Air
Lot Size: 0.04 Acres
Stories: 2.0
Taxes: $14,669
Year Built: 1931

Feature Descriptions

Electric: Service - 0 to 100 Amps
Exterior: Brick
Fire Protection: Smoke or Fire Protectors
HVAC: Forced Air, Gas
Lot Dimensions: 25X76x29x61
Number of Tenant(s): 2
Parcel#: 14194300170000
Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Scavenger, Sewer, Trash Collection
Units: 2

Location

See details and scored characteristics about this location.

Listing Office: Jameson Sotheby's Intl Realty

Listing Office Phone: 312-751-0300



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