Chicago, IL 60657 3121 N Lincoln Avenue
$1,625,000



18 more



















Presented By: Dream Town Real Estate
Home Details
Prime Business Opportunity in the heart of Lakeview! Ideally located on bustling Lincoln Avenue, this marble and brick two-story commercial building is perfectly positioned to benefit from high foot traffic and a vibrant mix of residential and commercial activity. Zoned B1-3, the property offers over 8,700 square feet of stunning open-concept space, plus a full unfinished basement. Each floor spans approximately 4,350 square feet with soaring 9+ foot ceilings, large windows that flood the space with natural light, and modern LED lighting throughout. The second floor is accessible via an interior staircase or a separate front entrance, providing the flexibility to accommodate two distinct businesses. Thoughtfully designed for functionality, the building features oversized front display windows facing Lincoln Avenue, hardwood floors, two front entrances, two rear exits, bathrooms on both floors, locker rooms with showers on the second floor, ample storage, and multiple office spaces. The property is equipped with four HVAC units (installed in 2021 and 2017), four condensers (2022 and earlier), three electrical panels, and two hot water tanks. Recent improvements include tuck-pointing in 2020, a new sump pump in 2017, a rebuilt exterior back wall in 2009, and a roof tear-off in 1996 with ongoing maintenance. Currently operating as a yoga, meditation, and martial arts studio, this space offers incredible versatility and is ideal for a variety of uses, including retail, spiritual center, banquet halls, pet supply stores, wellness studios, co-working spaces, salons, spas, art studios, galleries, event venues, fitness centers, preschools, dance studios, or gyms. This is a rare chance to acquire a prime property in one of Chicago's most dynamic neighborhoods and bring your entrepreneurial vision to life.
Presented By: Dream Town Real Estate
Interior Features for 3121 N Lincoln Avenue
Other Interior Features
FlooringCarpet, Wood
General for 3121 N Lincoln Avenue
Additional Parcels Y/NNo
CityChicago
Construction MaterialsOther, Brick, Stucco, Stone, Combination
CoolingCentral Air, Ceiling Fan(s)
CountyCook
Current UseCommercial
DirectionsBelmont to Lincoln Ave, South to 3121. Enter at double glass doors.
ElectricCircuit Breakers
Electric Expense3070
Fuel Expense2946
Gross Income
Leasable Area
Lease TypeN/A
Lot Size Square Feet4350
MLS AreaCHI - Lake View
Net Operating Income0
PossessionNegotiable
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount56573
Tax Year2023
Water Sewer Expense282
Year Built1910
ZoningRTAIL
Exterior for 3121 N Lincoln Avenue
Building Area Total8700
Frontage TypeCity Street, Alley Access
Lot DimensionsFRONTAGE (ALONG LINCOLN): 50.1' DEPTH. SIDE LOT LINES: 88.8 FEET AND 92.5 FEET. REAR WIDTH: 37.1' AND 21.1'
Additional Details
Price History
