CROSS STREETS: LINCOLN & DIVERSEY
FOR SALE OR LEASE:
NEIGHBORHOOD: LINCOLN PARK
2767 N. LINCOLN AVE.
THE LORD COMPANIES, L.L.C.
|1030 North Clark Street, Suite 300, Chicago, Illinois, 60610, Phone: 312.944.6270, Fax: 312.944.3759
Commercial Space: Ground floor commercial condo in a newer 4-story mixed-use condo building with high-
end residential condominiums on the 3 floors above the commercial spaces.
• 1,300 SF
• 45’ of frontage with large front windows for outstanding light and visibility
• awning signs for exterior signage.
• 10-11’ dropped ceiling height
• 3 dedicated parking spaces available in secured lot behind the space.
• Recent interior renovations.
Delivery Condition: This space is built-out with 4 private offices plus an open office area, reception/waiting
area, and kitchenette.
Lease Rate: $30/SF ($3,250/mo.), modified gross
Purchase Price: $400,000 ($308/SF). This property is also available with the adjacent 1,700 SF commercial
condo for a combined price of $925,000.
Pass-through Expenses: Tenant is responsible for their pro rata share of increases in real estate taxes and
common area maintenance (CAM) expenses over base year expenses of $11/SF. Tenants are also
responsible for their own separately metered gas and electric utilities.
Zoning: B3-2 (Community Shopping District) accommodates a very broad range of predominantly destination-
oriented retail and service uses.
Location: Located in an affluent mixed-use area in Lincoln Park along Lincoln Avenue, which is the primary
north-south transit street from Lincoln Park to Lake View and points north. It is less than ½ block south of the
six-way intersection of Lincoln, Diversey and Racine and less than ½ mile to the Diversey Brown line CTA
Demographics: (2019) 1.0-mi. 3.0-mi.
|Population 85,640 486,865
Households 44,674 248,120
Average Age 32.9 35.9
Average Household Income $123,576 $110,535
Median Household Income $92,658 $81,623
Median Home Value $484,860 $407,133
Traffic Counts: 22,000 vehicles per day (VPD) on Lincoln Ave, 20,000 VPD on Diversey Pkwy, 7,150 VPD on