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3056 N Lincoln Ave
Chicago, IL 60657 Lakeview

$390,000 USD

General Retail Condo For Sale  •  1,246 SF

Property Details

  • Property Type General Retail
  • Total Building Size 5,133 SF
  • Lot Size 0.08 AC
  • Year Built 2021
  • Tenancy Single
  • Zoning B-2
70 Transit Score
100 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 1 Retail 1,246 SF $390,000 USD
  • Unit Size: 1,246 SF
  • Condo Use: Retail
  • Price: $390,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $313.00 USD
Description
Prime retail location with high foot traffic. Highy desirable neighborhood. 1241 sq ft commercial storefront for sale. 1sf floor, completely built out as a cafe / bakery. Building is also newly constructed. Doesn't require any investment. New commercial HVAC, copper and cast iron pipes, new electrical lines, cafe ventilation, commercial kitchen built out, ADA restroom, grease trap. There is no black iron. The pipe to the roof is for general exhaust or type 2 hood.

Sale Notes
This unique property offers dual opportunities for savvy investors. Purchase as a standalone investment with the current owner renting back, ensuring immediate returns, or explore the option to start your business. Contact us today to learn more about this exceptional opportunity and discuss terms that meet your investment goals.

Description 

Introducing 3056 Lincoln Ave, Unit 1, a prime commercial property located in the bustling heart of Chicago. This versatile space offers an exceptional opportunity for investors seeking a reliable passive income stream or those looking to acquire a thriving business location.
Situated on the vibrant Lincoln Avenue, this property benefits from high foot traffic and excellent visibility in a sought-after commercial district.
The unit boasts a well-maintained commercial space, ideal for a variety of business uses. The layout is efficient and adaptable, providing ample room for customization to suit your specific needs.This property stands out as a remarkable investment opportunity. The current owner is offering a rent-back option, making it an attractive choice for those seeking a steady, passive income stream with a reliable tenant already in place.The unit includes modern amenities and finishes, ensuring a comfortable and functional environment for business operations.

Highlights

newly constructed
high foot traffic
remarkable investment opportunity
modern amenities and finishes

Public Transportation

Commuter RailDriveWalkDistance
Clybourn Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min - 1.5 mi
Ravenswood Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 6 min - 2.5 mi
Transit/SubwayDriveWalkDistance
Paulina Station (Brown Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 11 min 0.6 mi
Southport Station (Brown Line - Chicago Transit Authority "L" Trains (The "L")) 3 min 11 min 0.6 mi
Wellington Station (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) 3 min 13 min 0.7 mi
Diversey Station (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) 3 min 15 min 0.8 mi
Belmont Station (Brown, Purple, Red Lines) (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L"), Red Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 16 min 0.8 mi
AirportDriveWalkDistance
Chicago Midway International 28 min - 14.0 mi
Chicago O'Hare International 47 min - 17.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Bozhena Kost 847-737-5037 Komar
Bozhena Kost 847-737-5037 Komar