$1,550,000
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3121 N Lincoln Avenue, Chicago, IL 60657

- Beds
0 Baths
8,700 Sq Ft

Prime Business Opportunity in the heart of Lakeview! Ideally located on bustling Lincoln Avenue, this marble and brick two-story commercial building is perfectly positioned to benefit from high foot traffic and a vibrant mix of residential and commercial activity. Zoned B1-3, the property offers over 8,700 square feet of stunning open-concept space, plus a full unfinished basement. Each floor spans approximately 4,350 square feet with soaring 9+ foot ceilings (higher due to drop ceiling), large windows that flood the space with natural light, and modern LED lighting throughout. The second floor is accessible via an interior staircase or a separate front entrance, providing the flexibility to accommodate two distinct businesses.Thoughtfully designed for functionality, the building features oversized front display windows facing Lincoln Avenue, hardwood floors, two front entrances, two rear exits, bathrooms on both floors, locker rooms with showers on the second floor, ample storage, and multiple office spaces. The property is equipped with four HVAC units (installed in 2021 and 2017), four condensers (2022 and earlier), three electrical panels, and two hot water tanks. Recent improvements include tuckpointing in 2020, a new sump pump in 2017, a rebuilt exterior back wall in 2009, and a roof tear-off in 1996 with ongoing maintenance.Currently operating as a yoga, meditation, and martial arts studio, this space offers incredible versatility and is ideal for a variety of uses, including retail, spiritual center, banquet halls, pet supply stores, wellness studios, co-working spaces, salons, spas, art studios, galleries, event venues, fitness centers, preschools, dance studios, or gyms. This is a rare chance to acquire a prime property in one of Chicago's most dynamic neighborhoods and bring your entrepreneurial vision to life.

  • MLS# 12504538
  • Date Listed10/27/2025
  • Days on Realty 13 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.1 acres (4,350 sq. ft)
  • County Cook
  • Year Built 1910
  • Square Feet 8,700 sq. ft
  • Price Per Sq. Ft $178.16

Interior Features

  • Flooring Carpet, Wood
  • Cooling Central Air, Ceiling Fan(s)

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.10
  • Lot Size SQFT 4,350.00
  • Lot Features -

Financial Considerations

  • Tax Amount $56,573
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in IL / 60657

Source: Walkscore

98/100

Walker's Paradise

Walk Score ®

69/100

Good Transit

Transit Score ®

85/100

Very Bikeable

Bike Score ®

Overview

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

Transit Summary

11 nearby routes: 8 bus, 3 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 84/100, Transit Score: 69/100, Bike Score: 85/100.

Property Change History

Points of Interest near 3121 N Lincoln Avenue, Chicago, IL 60657

Frequently Asked Questions for 3121 N Lincoln Avenue

Source: Realty.com

3121 N Lincoln Avenue, Chicago, IL 60657 is a Retail, Commercial Sale property listed for $1,550,000 The property is 8700 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 23 photos of 3121 N Lincoln Avenue.

Our records indicate that 3121 N Lincoln Avenue was built in 1910.

The full address for this home is 3121 N Lincoln Avenue, Chicago, IL 60657.

3121 N Lincoln Avenue has been listed on Realty.com since Mon October 27, 2025

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 84/100, Transit Score: 69/100, Bike Score: 85/100.

There are 3 schools assigned to this home. Check out the schools near 3121 N Lincoln Avenue. Tubman Elementary School (Grades: PK - 8), Lane Technical High School (Grades: 7 - 12), Louisa May Alcott College Preparatory High School (Grades: 9 - 12)

Listing provided courtesy of: Baird & Warner (tel: 773-250-0400)
Listing agent: Barbara O'connor (#115952)

This content last refreshed on 2025-11-09 11:30:03. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 3121 N Lincoln Avenue, Chicago, IL 60657 : MLS# 12504538