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Listing provided courtesy of KOMARMREDas Distributed by MLSGrid- MLS# 12616026MLS Provider

3056 N Lincoln Avenue #1Chicago, IL 60657

Commercial · 11,000 Sq. ft.
$390,000 Active

3056 N Lincoln Avenue #1 Overview

Time on Site:
80 days
Visits:
5

This is your ideal property for investment or opening your own business .Prime retail location with high foot traffic. Highy desirable neighborhood. 1241 sq ft commercial storefront for sale. 1sf floor, completely built out as a cafe / bakery. Building is also newly constructed. Doesn't require any investment. New commercial HVAC, copper and cast iron pipes, new electrical lines, cafe ventilation, commercial kitchen built out, ADA restroom, grease trap. There is no black iron. The pipe to the roof is for general exhaust or type 2 hood. Currently operating business. Please don't disturb employees regarding sale. Could be used as a passive investment.

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3056 N Lincoln Avenue #1 Facts & Features

  • Type Commercial
  • Sq. ft. 11,000
  • Price/Sq.ft. $35

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Electric Expense: 500
  • Fuel Expense: 0
  • Gross Scheduled Income: 42000
  • Insurance Expense: 800
  • Net Operating Income: 42000
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 2021

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Lake View
  • Township: North Chicago

Tax Information

  • Tax Annual Amount: $13,664.00
  • Tax Year: 2024

General Information

  • Parcel Number: 14291130441001
  • Property Sub Type: Restaurant
  • Property Type: Commercial Sale
  • Zoning: RTAIL

Interior

Building Interior

  • Building Area Total: 11000

General Information

  • Cooling: Central Individual
  • Electric: Service - 101 to 200 Amps, Power - 240V, Single Phase
  • Leasable Area: 0
  • Stories: 1

Unit Information

  • Unit SqFt.: 1246
  • Unit Number: 1

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 3125
  • Lot Size Square Feet: 0

Building Exterior/Construction

  • Construction Materials: Concrete

3056 N Lincoln Avenue #1 Neighborhood

Community

60657 (Chicago) Demographics

31
Median Age
23,068
Population Density (per sq. mile)
87%
College Educated
$94,722
Estimated Median Income
14,173
Estimated Total Home Owners
22,758
Estimated Total Renters
38% / 62%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3056 N Lincoln Avenue #1 Monthly Cost

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Eric Nowik
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3056 N Lincoln Avenue #1 Market Data

Based on the last 30 days in this zip code

$983,928
Average List Price
$754
Average Price per Square Foot
101
Properties Sold
49
Average Days on Market
228
Properties for Sale
Calculations provided by Reliance Network

3056 N Lincoln Avenue #1 History

Date Event Value Agent
4/15/2026Source: MRED Status Change
Active
4/10/2026Source: MRED Added to Database
April 10, 2026
3/12/2024Source: MRED Status Change
Closed