Skip to main content

Mixed-Use

5230 North Lincoln Avenue

5230 N Lincoln Ave, Chicago, IL 60625

Listing Price: $3,100,000

Lot Size
0.48 acres
Price/Acre
$6,458,333
Land Type
Redevelopment
Buildable Square Feet
46,046

Investment Overview

Marcus & Millichap is pleased to present 5230 North Lincoln Avenue, located in the highly sought out neighborhood of Lincoln Square, in Chicago, Illinois. The subject property is on located on a high traffic corridor surrounded by residential dwellings. The site currently operates as a motel and provides the opportunity to continue the existing operation or building as-of right. The property sits across from a major Chicago grocer Tony’s, and is a short distance from the Swedish Hospital. The neighborhood of Lincoln Square is a colorful area that boasts an assortment of popular restaurants, bars, and boutiques. Chicagoans are drawn to Lincoln Square due to the wide array of music venues, galleries, and historical spots that illustrate the area’s roots. Neighborhood gems can be found along with the heart of Lincoln Square at the intersection of Lawrence, Western, and Lincoln Avenues, where businesses range from industry to creative.

Investment Highlights

  • Rare Opportunity to Acquire .48 Acres in the City.
  • Excellent Lincoln Square Location.
  • Situated Across From a Tony's Fresh Market.
  • Eight-Minute Walk to the Swedish Hospital.
  • 11-Minute Walk to Winnemac and River Park.

Exclusively Listed By

Mixed-Use

5230 North Lincoln Avenue

Listing Price: $3,100,000

Lot Size
0.48 acres
Price/Acre
$6,458,333
Land Type
Redevelopment
Buildable Square Feet
46,046

Investment Highlights

  • Rare Opportunity to Acquire .48 Acres in the City.
  • Excellent Lincoln Square Location.
  • Situated Across From a Tony's Fresh Market.
  • Eight-Minute Walk to the Swedish Hospital.
  • 11-Minute Walk to Winnemac and River Park.

Investment Overview

Marcus & Millichap is pleased to present 5230 North Lincoln Avenue, located in the highly sought out neighborhood of Lincoln Square, in Chicago, Illinois. The subject property is on located on a high traffic corridor surrounded by residential dwellings. The site currently operates as a motel and provides the opportunity to continue the existing operation or building as-of right. The property sits across from a major Chicago grocer Tony’s, and is a short distance from the Swedish Hospital. The neighborhood of Lincoln Square is a colorful area that boasts an assortment of popular restaurants, bars, and boutiques. Chicagoans are drawn to Lincoln Square due to the wide array of music venues, galleries, and historical spots that illustrate the area’s roots. Neighborhood gems can be found along with the heart of Lincoln Square at the intersection of Lawrence, Western, and Lincoln Avenues, where businesses range from industry to creative.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower