3248 N Lincoln Avenue, Chicago, IL

$650,000

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About 3248 N Lincoln Avenue

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.

Features of 3248 N Lincoln Avenue

MLS® # 12666947
Price $650,000
Bathrooms 0.00
Year Built 1931
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 3248 N Lincoln Avenue
Area CHI - Lake View
City Chicago
County Cook
State IL
Zip Code 60657

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 67
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeJameson Sotheby's Intl Realty

Listing Map

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