CROSS STREETS: LINCOLN & GRACE
NEIGHBORHOOD: NORTH CENTER
3849-51 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: Double commercial storefront on the 1st floor of a vintage 3-flat with offices and apartments
• ~1,730 + 1,820 SF at street level plus full unfinished basement
• 10-12’ ceilings with new storefront with full height windows.
Delivery Condition: This space was recently renovated for a comedy club. The south side had the main stage
+ open seating, control booth, and “green room”/office with a large washroom. The north side had the main ticket
booth, a full bar and several private office/storage spaces. The stage and bar were removed but
the plumbing and electrical connections remain; otherwise it is in “move-in” condition and ready for immediate
Parking: There is a private lot behind the space that can accommodate up to 8 cars. In addition, there is a city
parking lot located directly across the street that offers hourly and monthly parking for only $85/mo.
Lease Rate: $23/SF ($3,310 + $3,490 per month), NNN
Additional Expenses: Tenant is also responsible for 37% of real estate taxes and its pro rate share of building
insurance and common area maintenance (CAM), which are currently approx. $4.60/SF ($660 + $700/month)
Tenant is also responsible for their own separately metered gas and electric service.
Location: Located in the heart of the North Center entertainment/commercial district just south of the main six-
way intersection of Lincoln, Damen and Irving Park Road. The Irving Park El station is located 2 blocks north.
Nearby businesses include Martyrs’ Live, Orange Shoe Fitness, American Theatre Company, Strawdog Theatre
Company, Big Bricks Pizza & BBQ, Mrs. Murphy Irish Bistro, Chase Bank, Brownstone Tavern & Grill, Trader
Joes, Pet Supplies Plus and numerous local businesses.
Traffic Counts: 22,000 vehicles per day (VPD) on Lincoln, 38,500 VPD on Irving Park Rd.
Demographics: 2020 1.0 mile 3.0 mile