# 3248 N LINCOLN Avenue, Chicago, IL 60657 > **TL;DR:** commercial, $650,000, built 1931. > A/C. Est. $3,477/mo. Listed 130 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $650,000 | | Year Built | 1931 | | Lot Size | 1,851 sqft (0.04 acres) | | Stories | 2 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 130 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $3,287 | | Estimated Insurance | $190 | | **Total** | **$3,477** | ## Key Amenities - A/C ## Property Highlights - Built in 1931 - 0.04 acre lot - 2 stories ## Description ### Agent 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. ## Location - **Address:** 3248 N LINCOLN Avenue, Chicago, IL 60657 - **County:** Cook ## Virtual Tour & Media - **Video Tour:** https://smartfloorplan.com/adminka/public/api/shell/v512230/photos/idx ## Listing Agent - **Name:** Robert Munds - **Brokerage:** Jameson Real Estate LLC - **Broker Phone:** (312) 335-3291 - **Listing URL:** [View original listing](http://www.jameson.com/12666947) ## Photos ![3248 N LINCOLN Avenue - Photo 1](http://lh.rdcpix.com/14b910aed94e75acdb99412fc9d26b78l-f2661228983r.jpg) ![3248 N LINCOLN Avenue - Photo 2](http://lh.rdcpix.com/14b910aed94e75acdb99412fc9d26b78l-f3435776175r.jpg) ![3248 N LINCOLN Avenue - Photo 3](http://lh.rdcpix.com/14b910aed94e75acdb99412fc9d26b78l-f1638721562r.jpg) ![3248 N LINCOLN Avenue - Photo 4](http://lh.rdcpix.com/14b910aed94e75acdb99412fc9d26b78l-f1932784280r.jpg) ![3248 N LINCOLN Avenue - Photo 5](http://lh.rdcpix.com/14b910aed94e75acdb99412fc9d26b78l-f3230401557r.jpg) ![3248 N LINCOLN Avenue - Photo 6](http://lh.rdcpix.com/14b910aed94e75acdb99412fc9d26b78l-f2852342972r.jpg) ![3248 N LINCOLN Avenue - Photo 7](http://lh.rdcpix.com/14b910aed94e75acdb99412fc9d26b78l-f2709342551r.jpg) ![3248 N LINCOLN Avenue - Photo 8](http://lh.rdcpix.com/14b910aed94e75acdb99412fc9d26b78l-f732020569r.jpg) ![3248 N LINCOLN Avenue - Photo 9](http://lh.rdcpix.com/14b910aed94e75acdb99412fc9d26b78l-f1397957263r.jpg) ![3248 N LINCOLN Avenue - Photo 10](http://lh.rdcpix.com/14b910aed94e75acdb99412fc9d26b78l-f3583180097r.jpg) ![3248 N LINCOLN Avenue - Photo 11](http://lh.rdcpix.com/14b910aed94e75acdb99412fc9d26b78l-f2980830000r.jpg) ![3248 N LINCOLN Avenue - Photo 12](http://lh.rdcpix.com/14b910aed94e75acdb99412fc9d26b78l-f281234772r.jpg) ![3248 N LINCOLN Avenue - Photo 13](http://lh.rdcpix.com/14b910aed94e75acdb99412fc9d26b78l-f1965442004r.jpg) ![3248 N LINCOLN Avenue - Photo 14](http://lh.rdcpix.com/14b910aed94e75acdb99412fc9d26b78l-f944288078r.jpg) ![3248 N LINCOLN Avenue - Photo 15](http://lh.rdcpix.com/14b910aed94e75acdb99412fc9d26b78l-f4079481666r.jpg) ![3248 N LINCOLN Avenue - Photo 16](http://lh.rdcpix.com/14b910aed94e75acdb99412fc9d26b78l-f2921067744r.jpg) ![3248 N LINCOLN Avenue - Photo 17](http://lh.rdcpix.com/14b910aed94e75acdb99412fc9d26b78l-f3685688738r.jpg) ![3248 N LINCOLN Avenue - Photo 18](http://lh.rdcpix.com/14b910aed94e75acdb99412fc9d26b78l-f3344954854r.jpg) --- **MLS#:** 12666947 | **Updated:** 2026-10-23 **Source:** listhub *Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/3248-n-lincoln-avenue-chicago-il-60657-9a63e7994df94a158dc6c39d3a451d9a) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/3248-n-lincoln-avenue-chicago-il-60657-9a63e7994df94a158dc6c39d3a451d9a#listing", "url": "https://staging.propertysimple.ai/listing/3248-n-lincoln-avenue-chicago-il-60657-9a63e7994df94a158dc6c39d3a451d9a", "name": "3248 N LINCOLN Avenue, Chicago, IL 60657", "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. 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