Listing provided courtesy of Jameson Sotheby's Intl RealtyMREDas Distributed by MLSGrid- MLS# 12498514MLS Provider

2428 N LINCOLN AvenueChicago, IL 60614

Commercial
$32 Active

2428 N LINCOLN Avenue Overview

Time on Site:
252 days
Visits:
11

Excellent 2400 SF retail space + 1000 SF basement located directly across from the historic Biograph Theater and steps from the 6-way intersection of Lincoln, Fullerton & Halsted home of DePaul University and the new Lincoln Commons project by McCaffery. Current retail tenant, Bank of America, invested $1M+ in buildout for the state-of-art tellerless banking hub, and will be vacating December 2025. Previous use of space included multiple restaurants, which is one of many uses for the space with 25' of Lincoln Avenue frontage. Above retail is a high performing, 5-star luxury Short Term Rental (STR) 6bd/4bth townhouse/duplex which assists considerably in drawing traffic to local retail.

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2428 N LINCOLN Avenue Facts & Features

  • Type Commercial

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Existing Lease Type: Net
  • Net Operating Income: 0

Building Information

  • Year Built: 1902

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Lincoln Park
  • Township: Lake View

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Electricity, Heat, Taxes, Insurance, Repairs, Scavenger, Varies by Tenant

Tax Information

  • Tax Annual Amount: $17,290.10
  • Tax Year: 2023

General Information

  • Property Sub Type: Condominium
  • Property Type: Commercial Lease
  • Zoning: RTAIL

Interior

General Information

  • Cooling: Central Air
  • Electric: Three Phase
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 3465
  • Stories: 1

Unit Information

  • Unit SqFt.: 2465

Exterior

Lot Information

  • Lot Size Dimensions: 25x110
  • Lot Size Square Feet: 2750

Building Exterior/Construction

  • Construction Materials: Brick

2428 N LINCOLN Avenue Neighborhood

Community

60614 (CHICAGO) Demographics

30
Median Age
20,962
Population Density (per sq. mile)
88%
College Educated
$117,251
Estimated Median Income
15,110
Estimated Total Home Owners
18,292
Estimated Total Renters
45% / 55%
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.

2428 N LINCOLN Avenue Market Data

Based on the last 30 days in this zip code

$1,409,089
Average List Price
$844
Average Price per Square Foot
119
Properties Sold
57
Average Days on Market
259
Properties for Sale
Calculations provided by Reliance Network

2428 N LINCOLN Avenue History

Date Event Value Agent
1/31/2026Source: MRED Status Change
Active
1/26/2026Source: MRED Price Reduction
$32 -11.1%
1/26/2026Source: MRED Status Change
Price Change
10/25/2025Source: MRED Status Change
Active
10/20/2025Source: MRED Added to Database
October 20, 2025