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$2,300,000
9,910
square ft

2636 N Lincoln Avenue
Chicago, Illinois 60614

Closed / MLS #12346625 / Commercial / Mixed Use / Lincoln Park
Listing information updated 6/25/2025 at 6:03am
Rarely available is a fully stabilized mixed-use property at 2636 N. Lincoln Avenue, delivering an immediate 6.5 cap rate in Chicago's premier Lincoln Park neighborhood. This exceptional 9,910-square-foot building features three luxury apartments and ground-floor retail space leased to a law firm, with a brand-new 5-year lease that includes annual increases. With a clear path to a 7.0 cap rate by simply bringing Units 3 and 4 to current market rents, no renovation needed. Eight dedicated parking spaces provide additional value in this high-demand location. Comprehensively updated in 2016, this turnkey property offers both stable income and appreciation potential in a high-barrier-to-entry market. Just steps from the Diversey CTA Station, Fresh Market, Trader Joe's, and more, elevate your portfolio with this premium asset in one of Chicago's most affluent neighborhoods. This is truly one of a kinda investment, with every neighborhood amenity at your fingertips!
Built:
2000
Cooling System:
Central Air,Central Individual
Stories:
4
Current Use:
Commercial
Potential Use:
Office, Multi-Family, Retail
Zoning:
COMMR
Building Square Feet:
9,910
Current Net Income:
$159,970
Tax Amount:
$43,335
Tax Year:
2023
Zip Code:
60614
City:
Chicago
County:
Cook

Listing Office: Jameson Sotheby's Intl Realty

Listing Office Phone: 312.751.0300

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 6/25/2025 at 6:03am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Lincoln Park

Lincoln Park, IL

Lincoln Park residents have it all – from the arts to its famed zoo – right in their backyard. It’s no wonder the North Side neighborhood is one of the most sought after in the U.S.The neighborhood includes quiet tree-lined residential blocks, top-rated schools, DePaul University, and two majo...

CTA

CTA
Brown line at Diversey
CTA
Purple line at Diversey
CTA
Red line at Fullerton
$1,034,771
Average Sale Price
41
Average Days On The Market
101%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 2636 N Lincoln Avenue, Chicago, IL 60614
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2636 N Lincoln Avenue, Chicago, IL 60614 is a commercial / mixed use which sold for $2,300,000. This commercial / mixed use has been listed on @properties Christie's International Real Estate since April 23rd, 2025 and was built in 2000. The nearest transit stops include Diversey CTA Brown line.

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