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1st Floor - Unit 3720
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Retail
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1,265 SF
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$225,000 USD
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Unit Size: 1,265 SF
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Condo Use: Retail
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Price: $225,000 USD
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Sale Type: Investment or Owner User
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Price/SF: $177.87 USD
Description
The Property contains a 1,265 square foot commercial condominium unit on the first floor of a five-story mixed-use building with residential condominiums. The Property includes one (1) deeded parking space at the rear of the building. The attractive and well-maintained building is positioned on a 0.08-acre parcel and is zoned B1-2 Neighborhood Shopping District, one of the most versatile zoning designations in the city of Chicago. 3720 N Lincoln Avenue offers the opportunity for an owner-user to occupy the Property or to lease the Property as an investment opportunity. The Property is well-located along North Lincoln Avenue on the border of the North Center and Lakeview neighborhoods of Chicago, in a high-density, inner-urban core neighborhood on the north side of Chicago, directly south of Ravenswood, east of ST. Ben’s and north of Roscoe Village. The transit-oriented site is conveniently located seconds from the Addison “L” station on the CTA Brown Line (approximately 500 feet away). The high-demand for real estate in North Central and Lakeview makes this a great opportunity for an investor seeking a stable investment Property with upside through the occupancy or lease-up of the vacant commercial unit.
Sale Notes
Horvath & Tremblay is pleased to offer the condominium interest in the ground-floor commercial unit at 3720 N Lincoln Avenue, Chicago, Illinois. The vacant 1,265 SF commercial condo presents a rare owner-user and value-add investment opportunity in one of Chicago’s strongest urban submarkets. Previously occupied by Lincoln Café & Market until March 2025, the space is positioned for immediate occupancy, repositioning, or lease-up. Located along a highly trafficked corridor with more than 11,100 vehicles per day and steps from CTA transit, the property offers exceptional accessibility and long-term demand drivers.
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