$650,000
( $213.11Per Sq Foot )
$3,489 est/mo Sourced by Back At You3248 N Lincoln Avenue,Chicago, IL 60657
Chicago, IL 60657
Front of building on Lincoln Ave
Exterior and door to Unit 2 apartment
Living room
Living room
Living room
Living room
Dining room
Dining room
Kitchen
Kitchen
Bedroom 1
Bedroom 1
Bedroom 2
Bath
Restaurant
Restaurant layout
Both units floor plan
Unit 2 floor plan
Description
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.
Details
| MLS # | 12666947 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1931 |
| Days On Site | 80 |
| Listing Provided By | Jameson Sotheby's Intl Realty | Robert Munds |
Features
| SQ Feet | 3,050 |
|---|---|
| Story(s) | 2 |
| Units | 2 |
| Zoning | COMMR |
| Acreage | 0.05 |
Interior
| Cooling | Central Air |
|---|
Exterior
| Construction Materials | Brick |
|---|
Utilities
| Electric | Service - 0 to 100 Amps |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 14669.05 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60657 |
| Area | CHI Lake View |
| Listing VS Median (in 60657) | |
Price: $650,000 low | high Med: $329,000 sqft: 3,050 low | high Med: 1,400 $ / sqft: $213 low | high Med: $235 On site: 80 low | high Med: 53 | |
Market Activity 60657
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60657 |
| Area | CHI Lake View |
| Listing VS Median (in 60657) | |
Price: $650,000 low | high Med: $329,000 sqft: 3,050 low | high Med: 1,400 $ / sqft: $213 low | high Med: $235 On site: 80 low | high Med: 53 | |
Nearby Listings (Within 1/2 mile)
Price: $487K - $812K
sqft: 2,000 - 3,500
Listing Updated: August 30, 2026 at 9:10:30 PM PDT