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About This Home
This 0-bedroom, 0-bathroom commercial at 3248 N LINCOLN Avenue in Chicago, IL is listed for $650,000. Built in 1931, on a 0.04 acres lot.
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.
Key Features
- Built in 1931
- 0.04 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$3,476/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3248 N LINCOLN Avenue
Chicago, IL 60657
Property Details
Construction
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 3248 N LINCOLN Avenue is listed at $650,000. The estimated monthly payment is $2,817 based on 20% down at 6.5% interest.
Key features include: Built in 1931, 0.04 acre lot, 2 stories.
This property is listed by Robert Munds and can be reached at (312) 335-3291 or rmunds@jamesonsir.com.
