4363 N Lincoln Avenue
Chicago, IL, 60618
$2,500,000
Beds
0 Baths
0 SqFt
0 Acres
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$2,500,000
4363 N Lincoln Avenue
Chicago, IL, 60618
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Trophy building at the heart of Lincoln Square, a highly visible corner across from Welles Park and Small Cheval. The building is anchored by L&M Deli, a neighborhood staple serving deli sandwiches, high-end groceries, as as beer, wine, and liquor. In addition, there are four large apartments (1) three bed / one bath and (3) two bed / one baths. The building underwent significant renovation in 2007 including the replacement of all copper water lines, all electric, a new main water line, new windows, and the cosmetic renovation of all units. In 2022, new HVAC was installed for all of the retail space. The apartments all have central air AC with clean, rental quality finishes (hardwood floors, laminate counters, and entry level appliances). Laundry is a shared community room on the 2nd floor of the building. L&M Deli has been in business at this location for six years with four years remaining on their lease and (2) five-year options. The space has had extensive upgrades including two large, walk-in freezers, a 1,500 SF air-conditioned prep kitchen in the basement, as well as ventilation and black iron for the kitchen. A new buyer has the opportunity to mark the existing apartment rents to market amid growing rental pressure and a lack of available supply, all while owning a trophy building with cash flow in place.

Property Details

Price:
$2,500,000
MLS #:
MRD12484527
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chinorthcenter
Listed Date:
Sep 30, 2025
Total Sq Ft:
7,499
Year Built:
1915
Chi – North CenterChinorthcenter

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$140,942
Tax Year
2023
Taxes
$17,908
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Oct 04, 2025
1,113
Commercial Listed
161
Avg DOM
156
Avg $ / SqFt
$1,033,543
Avg List Price

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Property Summary

    4363 N Lincoln Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60618. It is listed for $2,500,000 To schedule a showing of MLS#mrd12484527 at 4363 N Lincoln Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
4363 N Lincoln Avenue
Chicago, IL