2636 N Lincoln Avenue, Chicago, IL 60614

$2,450,000

bedrooms

bathrooms

square feet

9,910

Acreage

Open Houses

year built

2000

Full Baths

Half Baths

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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!

Location
Subdivision	-
County	Cook
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

Driving directions

Open houses

None scheduled.

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MLS number: 12346625

Listing agent: Matthew Neistat #475156088

Listing broker: Jameson Real Estate Llc (312) 335-3291

Copyright © 2025 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. [source]

Last update: Thursday, April 24 2025 at 2:48 a.m. EDT

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