Olympia Standfield
SQUARE FEET5,076
MLS#12710121
STATUSNew
PROPERTY TYPECommercial - Retail
Property Description
3832 N Lincoln Avenue is an outstanding, two-story commercial building with a full basement, located in Chicago's vibrant North Center neighborhood. The property underwent a comprehensive gut renovation in 2022, upgrading it to pristine, modern standards. Total Infrastructure Overhaul: Brand-new roof installed during the 2022 renovation. Modern MEP Systems: Complete replacement of all mechanical, electrical, and plumbing systems. Full Accessibility: High-end passenger elevator serving the basement, first, and second floors. Secure Parking: Large, gated rear lot providing substantial off-street parking. Tax Reduction Potential: Converting the second floor to apartments unlocks a mixed-use residential tax classification, drastically lowering annual real estate taxes. The building features high-end improvements originally purpose-built for a premium birthing center that closed in 2026. This turnkey condition allows for immediate adaptation into several different asset classes, including: Medical & Wellness: Ideal for a medical concierge practice, specialized outpatient clinic, or wellness center. Hospitality: Perfect layout for a boutique Airbnb or short-term rental conversion. Retail & Services: Excellent street-level visibility for high-end retail, corporate offices, or community services.
Property Features
Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.15 Acres
Stories: 2.0
Taxes: $48,813
Year Built: 1903
Feature Descriptions
Current Use: Commercial, Medical/Dental
Electric: Service - 201 to 600 Amps
Exterior: Brick
Fire Protection: Smoke or Fire Protectors
Frontage Type: City Street
HVAC: Electric
Location: Corner, Mixed Use Area
Lot Dimensions: 98.96*31.90*82.20*125
Miscellaneous Indoor: Elevator/s Freight, Accessible Entrance, Accessible Washroom/s, Private Restroom/s, Storage Inside, Basement
Number of Tenant(s): 0
Parcel#: 14192110260000
Parking: 1-5 Spaces
Units: 1
Utilities: Electric to Site, Natural Gas Available, Sewer Connected, Water Available
Listed By / Shown By
Listed By
Agency Name: Sperry Van Ness
Agency Phone: 312-676-1866
Shown By
Agent Name: Olympia Standfield
Agent Phone: Cell: (815) 978-3866
Agency Title: Gambino Realtors
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3832 N Lincoln Avenue | MLS# 12710121
This commercial property located at 3832 N Lincoln Avenue , Chicago, IL 60613 is currently listed for sale with an asking price of $1,399,000. Search Chicago real estate on ostandfield.gogambino.com today.