4363 N Lincoln Avenue
, IL, 60618
Price$2,395,000
Beds0
Baths0
SqFtn/a
Baths0
SqFtn/a
Status:Active
Property Type:Commercial
School:
Property Type:Commercial
School:
Trophy building at the heart of Lincoln Square, a highly visible corner across from Welles Park and Small Cheval. The building is anchored by L&M Deli, a neighborhood staple serving deli sandwiches, high-end groceries, as as beer, wine, and liquor. In addition, there are four large apartments (1) three bed / one bath and (3) two bed / one baths. The building underwent significant renovation in 2007 including the replacement of all copper water lines, all electric, a new main water line, new windows, and the cosmetic renovation of all units. In 2022, new HVAC was installed for all of the retail space. The apartments all have central air AC with clean, rental quality finishes (hardwood floors, laminate counters, and entry level appliances). Laundry is a shared community room on the 2nd floor of the building. L&M Deli has been in business at this location for six years with four years remaining on their lease and (2) five-year options. The space has had extensive upgrades including two large, walk-in freezers, a 1,500 SF air-conditioned prep kitchen in the basement, as well as ventilation and black iron for the kitchen. A new buyer has the opportunity to mark the existing apartment rents to market amid growing rental pressure and a lack of available supply, all while owning a trophy building with cash flow in place.
| Price | $2,395,000 | |
| Total Baths | 0 | |
| Lot Size Area | 2500 | |
| Property Type | Commercial | |
| MLS Sub type | Commercial/CIE | |
| Year Built | 1915 | |
| Directions | Corner of Lincoln & Montrose | |
| Latitude | 41.961264 | |
| Longitude | -87.683472 | |
| Market Area | Lake View | |
| Address | 4363 N Lincoln Avenue, IL 60618 | |
| Postal Code | 60618 | |
| State | IL | |
| Country | United States | |
| Listing Office | Essex 312, LLC | |
| Listing Office Phone | 773-305-4858 | |
| Listing Office Email | [email protected] | |
| Listing Agent | Philip Leigh | |
| Days on market | 15 | |
| MLS Status | Active | |
| Listing Date | Sep 30, 2025 | |
| Listing Last Modified | Jan 26, 2026 | |
| Tax Year | 2024 | |
| Tax Annual Amount | 22085 | |
| MLS Area | Lake View | |
| MLS # | MRD12484527 | |
Tour this home
Please provide your preferred method of contact below, and one of our agents will be in touch shortly.
Similar Properties
Find similar properties to 4363 N Lincoln Avenue, IL 60618
