$670,000
3740 N Lincoln Avenue
Chicago, IL, 60613
Now reduced to 670k with an impressive 8.74 CAP. Perfect Armchair investment or 1031 exchange property. 3,100 sq feet of commercial space on bustling Lincoln Avenue divided into two individual storefronts. Established tenants since 2019 with newer 5 year leases until 2030. Unique property with over 130 ft of road frontage that allows for tremendous exposure and excess amounts of natural light in both spaces. Both spaces were built out in 2019-2020 with updated flooring, bathrooms, paint, etc. The building also had a new full tear-off roof installed in 2021. Management company already in place if new owner wishes to continue. There are also two deeded garage parking spaces included in the price . Offered with a very attractive CAP rate and annual rent escalations. Ideally situated just 1 mile west of Wrigley field and a six minute walk to Addison brown line. Please do not disturb or make any inquiries from current tenants. All inquiries should be made only to the listing broker
Property Details
Price:
$670,000
MLS #:
MRD12564187
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Condominium
Neighborhood:
chinorthcenter
Listed Date:
Feb 10, 2026
Total Sq Ft:
3,100
Year Built:
2006
Schools
Interior
Cooling
Central Air, Central Individual
Flooring
Concrete, Other
Exterior
Construction Materials
Brick
Roof
Rubber
Financial
HOA Frequency
Monthly
Tax Year
2024
Taxes
$23,091
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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Current real estate data for Commercial in Chicago as of Feb 14, 2026
947
Commercial Listed
200
Avg DOM
170
Avg $ / SqFt
$1,007,351
Avg List Price
Community
- Address3740 N Lincoln Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60613
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Property Summary
- 3740 N Lincoln Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60613. It is listed for $670,000 To schedule a showing of MLS#mrd12564187 at 3740 N Lincoln Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
Copyright 2026. All rights reserved.
3740 N Lincoln Avenue
Chicago, IL
