3248 N LINCOLN AVE, Chicago, IL 60657
3248 N LINCOLN AVE, Chicago, IL 60657
3248 N LINCOLN AVE, Chicago, IL 60657
3248 N LINCOLN AVE, Chicago, IL 60657
3248 N LINCOLN AVE, Chicago, IL 60657
3248 N LINCOLN AVE, Chicago, IL 60657
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Listed by Robert Mundsof Jameson Sotheby's Intl Realty
$ 650,000
Est. payment | /mo

3,050 SqFt


$ 650,000
Est. payment | /mo

3,050 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,050 sqft

Price per Sqft $213

MLS Listing ID 12666947

Year Built 1931

Annual Tax Amount $13,927

Tax Year 2025

Lot Dimensions 25X76x29x61

Property Sub-Type Mixed Use

Property Description

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.

Location

State IL

County Cook

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

View Y/N true

Building

Structure Type Brick

Midwest Real Estate Data (MRED) VOW

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3248 N LINCOLN AVE