$650,000
3248 N LINCOLN Avenue
Chicago, IL, 60657
Rare mixed-use investment opportunity in the heart of Lakeview. Solid brick building featuring a ground-floor restaurant space with a lease in place through October 2027, providing stable income. The second-floor apartment offers 2 bedrooms, 1 bath, an updated kitchen and bath, spacious living room, and separate dining room. Zoned B1-3, offering long-term redevelopment and value-add potential. Residential tenant is month-to-month. Property is being sold in as-is condition and must be purchased together with 1630 W. Melrose. Excellent opportunity for investors, developers, or owner-users seeking a prime Lincoln Avenue location. Unfinished basement.
Property Details
Price:
$650,000
MLS #:
MRD12666947
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chilakeview
Listed Date:
Jun 25, 2026
Total Sq Ft:
3,050
Year Built:
1931
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Brick
Stories
2
Financial
Tax Year
2024
Taxes
$14,669
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Commercial in Chicago as of Sep 26, 2026
911
Commercial Listed
187
Avg DOM
$1,029,855
Avg List Price
Community
- Address3248 N LINCOLN Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60657
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Property Summary
- 3248 N LINCOLN Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60657. It is listed for $650,000 To schedule a showing of MLS#mrd12666947 at 3248 N LINCOLN Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
Copyright 2026. All rights reserved.
3248 N LINCOLN Avenue
Chicago, IL
