$1,600,000

3121 N Lincoln Avenue, Chicago, IL 60657

  • 8,700 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $184/sqft
  • Property List Date Icon Listed 29 days ago

Property Description

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.

Listing Status:
Active
Listing Office:
Baird & Warner : 773-491-5631
Listing Agent:
Barbara O'Connor : 773-491-5631
MLS ID:
12403072
  • Flooring: CarpetWood
  • A/C: Central AirCeiling Fan(s)

This listing courtesy of Barbara O'Connor, Baird & Warner

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Burley Elementary School

1630 W Barry Ave, Chicago, IL, 60657

Grades KG-8

0.16 miles away

B

Burley Elementary School

1630 W Barry Ave, Chicago, IL, 60657

Grades KG-8

0.16 miles away

A

Alcott College Preparatory

2957 N Hoyne Ave, Chicago, IL, 60618

Grades 9-12

0.73 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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