Incredible opportunity in the heart of Lincoln Park, mixed-use building on one of the most popular business districts in Chicago. Currently zoned B3-2 this 2 story building features a business office on the first floor and 3 beds/ 2 baths residential apartment on the second floor. Don't miss this opportunity on the fantastic location, just a few blocks away from DePaul University. Great for investment and/or owner-occupied. Sold AS-IS
Commercial condo office space on Ashland with ground floor access and high visibility near the Diversey/ Ashland Corridor. This flexible space features concrete flooring, floor to ceiling windows, private entrance, separate spaces for reception office, conference room, galley kitchenette, and full bathroom including integrated shower. One exterior assigned parking space is included in price. Great location close to Diversey Brown Line, Clybourn Metra, Ashland bus, Diversey bus, quick drive to 90/94 and LSD.
A hospital-grade full medical building on Lincoln Ave just North of Halsted in Lincoln. 5,000 (approx.) square foot building is in turn-key condition for the next medical user. Perfect for surgery center, outpatient surgery facility, dental, dermatology & orthopedic groups or can be converted to any commercial use or retail/mixed use building. The property includes double entry, waiting and reception area on first two floors, gurney size elevator, 10 procedure rooms plumbed for gas and suction, 2 spa rooms, 3 bathrooms, kitchen, conference room, office, laundry, 2 imaging rooms, sterilization room, 2 car garage parking, and bonus top floor in-town loft with patio. Located in one of Chicago's most thriving dynamic neighborhoods, close to multiple transportation options, restaurants, theaters, boutiques, med spas and shops. Amazing building ready to go for next user.
Looking for a prime location for your offices, or service/retail business? You won't find a better location than this, right on the border of Lincoln Park and Old Town, just steps from the park, Second City, and the Old Town Art Fair. Unit is at street level, with private entrance right off Wells. Space features extremely high ceilings, a private in-unit bathroom, and plenty of space! It currently serves as a real estate brokerage office with 3 work stations, a lounge and conference table. Has also served as an office for wedding planners, accountants, attorneys, dry cleaners, artists, and more! Assessment or rent includes heat.
LOCATION! LOCATION! LOCATION! HOT CLYBOURN CORRIDOR SOLID BRICK, MIXED-USE BUILDING AVAILABLE FOR THE FIRST TIME IN 40 YEARS! LONGTIME BUSINESS OWNER WANTS TO RETIRE, SO THIS IS YOUR OPPORTUNITY TO INVEST IN LOVELY LINCOLN PARK. THE CURRENT BUILDING CONSISTS OF A PRINTING BUSINESS ON THE FIRST FLOOR WHICH DUPLEXES DOWN. GREAT SPACE FOR MEDICAL, DENTAL, SPA, OR JUST ABOUT ANY RETAIL. SPACIOUS 2 BEDROOM, 1 BATHROOM UNIT ON 2ND FLOOR. THIS PROPERTY HAS TONS OF POTENTIAL. MUST SEE THE SIZE OF THE COMMERCIAL SPACE TO GET AN IDEA OF FUTURE POSSIBILITIES. TONS OF DEVELOPMENT IN THIS HOT AREA. PLEASE SEE BROKER REMARKS.
Exceptional Mixed-Use Property in Lincoln Park - Prime Investment Opportunity Discover this incredible mixed-use property in the heart of Lincoln Park, offering unmatched potential for investors or business owners. First Floor: Commercial Space Fully customized for a tire business, but versatile for other uses. Features brand-new flooring, modern lighting, updated fixtures, fresh paint, and central AC/heat. Includes a large detached commercial garage with easy alley access. Second Floor: Residential Unit Beautifully updated 2-bedroom, 2-bathroom apartment. Highlights include stylish flooring, stainless steel appliances, in-unit laundry, and a private balcony. Additional Features Secured by a state-of-the-art security system. Turn-key setup for both commercial and residential use. Unbeatable Location Situated in Lincoln Park, one of Chicago's most sought-after neighborhoods. Steps from DePaul University, major bus lines, and the Kennedy Expressway. Minutes to Wrightwood Park, Whole Foods, Mariano's, CTA, Metra, and other key amenities. This property combines modern functionality with a prime location, making it perfect for investors seeking a high-yield opportunity or business owners ready to hit the ground running. Don't miss this chance to own a piece of Chicago real estate in one of its most vibrant neighborhoods!
Mixed use building situated on a corner/oversized lot in Lincoln Park, measuring 30x125 and zoned RT-4. The property comprises three units: two apartments and one commercial tenant, with no vacancy in over 30 years. The commercial lease (Tapster), operates under a modified lease, with the tenant responsible for real estate tax and insurance costs proportional for increases over the 2018 base year rates. Additionally, the commercial tenant is accountable for all mechanicals in their space and snow removal for the building. Apartment 2F, a 3-bed 2-bath duplex with a true primary suite, is leased until April 2025 for 2700/month. Apartment 2R, a condo-quality 2-bed 2-bath duplex with a rain shower and fireplace, is rented for 2700/month until September 1, 2025. Both units offer considerable potential for increased rental income. The property enjoys proximity to Jonquil Park and DePaul University. Tapster, the commercial tenant, pays 5,402 per month plus any water bill costs exceeding 200 (billed every 2 months), with the lease expiring in June 2027 and an option to renew for an additional 5 years thereafter. The lease renews annually every July with a 2.5 increase per annum. Tapster also contributes additional rent proportional to insurance and tax increases as stated above. The property's expenses include 2022 taxes amounting to 21,597, insurance costs of 11,412 (potentially lower if shopped), and an annual water expense of 1200. The property currently operates with a Tavern license. The license is permanently affixed to the property, meaning the current tenant will need to either transfer it to a new tenant (subject to landlord approval) or to the building owner upon vacancy. Tenants cover all heat and gas expenses, while Tapster manages snow removal and landscaping. The furnaces in both units are new, with the 2R unit's furnace being just 2 months old and the 2F unit's furnace being 2 years old. Additionally, all three AC condensers are from 2017 or newer. With recent developments such as Avli Taverna and Love Street joining the block, and Lincoln Commons nearby, the location is hard to beat.
Fabulous Restaurant Opportunity situated in the upscale iconic neighborhood of Lincoln Park Chicago. Located ON THE CORNER of Ashland & Altgeld, 2500 N Ashland Ave offers unbeatable brand exposure to over 40,000 passing vehicles daily. Lincoln Park neighborhood is home to a population which has the highest median income in Chicago. The space comes turnkey with no upfront key money, no significant buildout required and eligible for a liquor license + sidewalk cafe. Equipped with a 10 foot black iron hood and extra large walk in cooler in the basement below the bar area (perfect to store kegs for beer tap). 2500 N Ashland Ave is an irreplaceable space in the heart of one of Chicago's most iconic neighborhoods. Whether you are starting from scratch or opening additional locations, you're not going to want to miss seeing this space. It has all the right Lincoln Park vibes!
Would be a perfect fit for owner-occupied day care facility. Rare Opportunity to own a Property in the best location, first time being sold in 30+ years!!! Property consists of 2 buildings, main building is built out for 3 commercial spaces. The current tenants include Frame Factor and Simes Studio. The second building is a frame two story structure, occupied by a longtime a premier dog adoption company, on the wood street side double lot. This Mixed-Use property offers a wide range of potential possibilities for Residential, Stores or offices under C1-3 zoning. 20,000 square feet of land, which includes ample on-site parking. DOES NOT INCLUDED BILLBOARD.
775 SF (plus 600 SF finished basement) condo/retail condo unit for sale in Lincoln Park near DePaul University. Unit includes one exterior parking spot in the back.
Rare opportunity to own this iconic Lincoln Park mixed-use building. The property boasts a corporately held Tavern license, ensuring guaranteed commercial occupancy, a coveted asset given the high demand for such licenses. The property consists of ground floor commercial space with basement storage. The commercial space was renovated in 2021 and is occupied by a popular sports bar and restaurant. The space has legal occupancy for a 234 person capacity crowd. The 2nd floor has a 3 bedroom, 1.5 bathroom apartment. The apartment was completely rehabbed in 2020 and is currently occupied by longer-term tenants. The entire property is in excellent condition, both internally and externally, and includes 3 exterior parking spaces in the rear. Excellent transport links close by, with the Diversey Brown Line CTA just 5 minute walk.
Prime investment opportunity in the perfect Lincoln Park location. This 3 story classic brick building is extremely well maintained and is currently home to a long term residential tenant in unit 3, an amazing income producing Airbnb in unit 2, and a stunning Jewelry company in the commercial space which has access to the massive basement that runs the length of the building. Both residential units have been updated and well kept, featuring brick interior walls, hardwood floors, central AC/heat and share a large back yard area. Unit 3 is 3 bedrooms, 1 bath and has in-unit washer and drier. Unit 2 is also 3 bedrooms, 1 bath and benefits from shared laundry in the basement. Building includes 6 exterior parking spaces! High density area, just blocks to both Red and brown line L trains as well as easy access to all transportation options. Area tenant include Summerhouse/Stella Barra, Blue Door farm kitchen, Cafe-Baba-Reeba, Lori's Shoes, Walgreens, Barry boot camp, Warby Parker, Interior Define and much more
For sale or for lease: 1100 square-foot commercial space located in the heart of Lincoln Parks business district, with option for one deeded parking spot available. High visibility in the very busy intersection of Halsted and Diversey with great foot and motor traffic and centrally located between two prominent highly ranked Chicago hospitals. Many retail shops in the area, including Dom's market, Home Depot, Trader Joe's and Walgreens, with a lot of restaurants and bars within the walking distance. This ADA compliance space is currently divided into five rooms plus a reception area, a kitchenette, and a bathroom.
Ground level retail or office space within multi-unit building in Lakeview. Soaring ceilings and ample glazing with views from busy Diversey Parkway. Two parking spaces included in the rear of the building. 1,000 sq.ft. of useable space including one bathroom, furnace mechanical room, two storage areas. Architect available to consult new buyer's proposed use for the space. SELLER FINANCING AVAILABLE.
Investment Opportunity! Single-tenant, income generating restaurant located in the heart of much sought-after Lincoln Park. NNN leased investment. Steps from 5-corner intersection of Fullerton/Lincoln/Halsted and DePaul University. Extremely high quality build-out with 8' hood. Second floor completely built-out for catering/commissary kitchen with its own black iron, Type I hood and separate ingress/egress. Located on busy Fullerton (17,700 Vehicles Per Day). Walking distance to DePaul University (in the nation's top 10 largest private universities). Nearby businesses include Studio Three, Fedex, Equinox gym and Chase Bank. 5 minute walk to Brown Line. Population of 494,774 within 3 mile radius and average household income of $140,348. NOI: $61,225. Cap Rate 6%. OPERATING. DO NOT DISTURB EMPLOYEES OR MANAGEMENT.
Have you ever wanted to own your own bar and/or restaurant in Lincoln Park?! Now you can! For the first time in over 50 years this exceptional, family-owned building is for sale. The sale will include a 2am liquor/tavern license to open the first floor as just a bar or bar and restaurant. The main level restaurant/bar area includes tables, chairs, fireplace, two bars, and two half baths. The second level includes a large owner's apartment with 2 beds, full bath, in-unit laundry, and balcony. There are also 2 additional 1-bedroom apartments on the second level. An unfinished basement with storage and cooler completes the package. The outdoor space is massive with a two plus car garage, patio space to open an outdoor space or use as additional off-street parking. Up to 10 parking spaces total. The lot is approximately 10,000 square feet and 6,000 square foot building including basement. Zoned M1-2 Estate Sale offered in "As Is" Condition.
Impeccable all brick, 2019 build, 12 unit apartment building in Lincoln Park. Built by an experienced builder with over 30 years experience building in the Chicagoland area. Built as a condo building, this property was finished to the highest quality, including quartz counters, stainless appliances, fire places, in-unit washer/dryer, garage parking and rooftop decks. Fantastic rental units, never vacant. Turn key property. The seller has never allowed pets, so the units have stayed in fantastic condition. // $586,500 Gross Yearly Rental Income // 5.63% CAP Rate // Upside Potential Bringing Rents to Market Rates (Number of long term tenants)
7,600 SF fully-leased high profile commercial property on 1st fl of newer 5-story, 54-unit condo bldg on Halsted in the heart of the Lincoln Park/East Lakeview commercial district. Divided into 4 units, all of which are leased to long term Dental Masters tenant (leased since 2005), large Dunkin Donuts franchisee (10-year lease in 2020), Cosmetic Surgery of Chicago (5-year lease in 2023) and Beyond Ventures salon (5-year lease in 2023), which provide ~$214,000 in NOI for a 7.2% CAP rate with annual rent escalations. 130' of frontage w/12'+ concrete ceilings. 6 garage parking spaces are available for use by owners and tenants (priced separately). Area tenants incl Dom's Kitchen & Market, Home Depot, Guitar Center, Walgreens, Byline Bank, Trader Joes and numerous local restaurants and neighborhood businesses.
The median home value in Chicago, IL is $284,100. This is higher than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Chicago, IL is $284,100. Approximately 40.54% of Chicago homes are owned, compared to 48.29% rented, while 11.17% are vacant. Chicago real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chicago real estate agent to arrange a tour today!
Chicago, Illinois 60614 has a population of 2,742,119. Chicago 60614 is less family-centric than the surrounding county with 24.86% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Chicago, Illinois 60614 is $65,781. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Chicago 60614 is 35.1 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 38.2 inches per year, with 35.1 inches of snow per year.