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2226 N Lincoln Ave
Chicago, IL 60614

Storefront Commercial Condo #1 · Retail Property For Sale

Investment Highlights

  • 100% Occupied Investment Opportunity
  • Extensive Build Out of the Space for Use as a Dental Office
  • Fantastic Demographics Surrounding Subject Property | 76,772 People Within a One Mile Radius | $110,895 Median Household Income Within One Mile
  • Existing Tenant has Occupied the Space Since 2009 and is Currently Operating on a Month-to-Month Lease
  • Excellent Visibility off of Lincoln Ave
  • Surrounded by a Large Number of Vehicles Per Day: Over 15,000 + per Day, as Well as Heavy Foot Traffic

Executive Summary

Cook Commercial Partners and Julie Bapst | Realtor with KW ONEChicago are pleased to present this fantastic storefront commercial condo opportunity located on Lincoln Ave in the highly sought-after Lincoln Park neighborhood of Chicago. The subject property offers 1,200 sq. ft and is currently occupied by a dental practice. The existing tenant is operating on a month-to-month lease and is currently paying $34 psf in gross rent with a long-term operating history. The commercial condo space offers fantastic visibility off Lincoln Ave and is surrounded by excellent demographics. Paid street parking is readily available. This property offers an investor the opportunity to own prime retail space within the Chicago MSA with passive income.

PROPERTY FACTS

Property Type
Retail
  • Office Medical
Building Class B
Lot Size 0.13 AC
Gross Leasable Area 5,000 SF
No. Stories 4
Year Built 1950
Tenancy Single
APN / Parcel ID 14-33-109-052-1002

zoning

Zoning Code B3-2
B3-2
  • Listing ID: 23655908

  • Date on Market: 7/12/2021

  • Last Updated:

  • Address: 2226 N Lincoln Ave, Chicago, IL 60614

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