4601 N Lincoln Avenue Chicago, IL ^$ 125,000

4601 N Lincoln Avenue

^$ 125,000

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Recently Listed

4601 N Lincoln Avenue

Chicago, IL, 60625

^$ 125,000

Bedrooms-- Baths-- Sq 2,500

Monthly Estimate*

^$ 770

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Commercial Property for sale in Chicago, IL

for $125,000. This 2,500 square foot building was built on a lot size of 0.298439.

Prime corner location in Lincoln Square with outstanding visibility, strong foot traffic, and a proven presence in one of Chicago's most desirable dining districts. 1,600 SF fully built-out restaurant featuring a full commercial kitchen and efficient layout, ideal for a wide range of concepts. All licenses in place, including Retail Food Incidental Liquor License and sidewalk cafe permit, allowing for seamless transition to new ownership. Seating for 50 guests indoors plus a notable outdoor dining component; location has successfully operated for over 20 years, demonstrating long-term viability. The offering does not include the name of the business or its intellectual property.

Commercial Active

Price

^$ 125,000

Property Type

Commercial

Taxes

^$ 0

Style

Food & Beverage,Restaurant

Lot Size

0.298439

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12608479

Features

General

Cooling Central Air

Possession Closing

Zoning COMMR

Electric Service - 201 to 600 Amps

Stories Count 1

Tax Year 2024

Current Use Commercial

Business Type Food & Beverage Restaurant

Business Name Essence Of India

County Cook

Operating Expense 999

Property Type Business Opportunity Bus / Bus w/Real Est

Possible Use Commercial Liquor License

Status Active

Directions The subject property is located on the northeast corner of Lincoln and Wilson

City Chicago

MLS Area CHI - Lincoln Square

Lot Size Square Feet 13000

Tax Annual Amount 0

Additional Parcels Y/N N

Lease Type Gross

Standard Status Active

Ownership Type Corporation

Exterior

Building Area Total 2500

Lot Dimensions 125*110

Frontage Type City Street

Waterfront Y/N N

* Excluded Features

List By

Sperry Van Ness

Broker

msullivan@svn.com

Affordability Calculator

$770

Per Month

Monthly Principal & Interest: $770
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$970,576

Percent of Sale Price 676%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/3/2026	$125,000		Listed Price

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4601 N Lincoln Avenue, Chicago, IL, 60625 is a Commercial Property for sale at $125,000 with 2,500 sqft and a lot size of 0.298439. The property's zip code is 60625 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 4/17/2026.

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4601 N Lincoln Avenue

Commercial Property for sale in Chicago, IL

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