Listing provided courtesy of Sperry Van NessMREDas Distributed by MLSGrid- MLS# 12608479
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Request Info4601 N Lincoln AvenueChicago, IL 60625
Commercial · 2,500 Sq. ft.$125,000
Active
4601 N Lincoln Avenue Overview
- Time on Site:
- 88 days
- Visits:
- 1
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.
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4601 N Lincoln Avenue Facts & Features
- Type Commercial
- Sq. ft. 2,500
- Price/Sq.ft. $50
Details
General
Income/Expenses
- Existing Lease Type: Gross
- Operating Expense: 999
Business Information
- Business Name: Essence Of India
- Business Type: Food & Beverage,Restaurant
- Current Use: Commercial
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - Lincoln Square
Rent/Lease Information
- Lease Expiration: 2027-04-30
Tax Information
- Tax Annual Amount: $0.00
- Tax Year: 2024
General Information
- Parcel Number: 77777770000000
- Possible Use: Commercial,Liquor License
- Property Type: Business Opportunity
- Zoning: COMMR
Interior
Building Interior
- Building Area Total: 2500
General Information
- Cooling: Central Air
- Electric: Service - 201 to 600 Amps
- Stories: 1
Unit Information
- Unit SqFt.: 1600
Exterior
Lot Information
- Additional Parcels: No
- Frontage Type: City Street
- Lot Size Dimensions: 125*110
- Lot Size Square Feet: 13000
Waterfront/View
- Waterfront: No
4601 N Lincoln Avenue Neighborhood
Community
60625 (Chicago) Demographics
35
Median Age
20,166
Population Density (per sq. mile)
56%
College Educated
$73,114
Estimated Median Income
11,857
Estimated Total Home Owners
18,306
Estimated Total Renters
39% / 61%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.4601 N Lincoln Avenue Monthly Cost
4601 N Lincoln Avenue Market Data
Based on the last 30 days in this zip code
$543,445
Average List Price
$457
Average Price per Square Foot
39
Properties Sold
37
Average Days on Market
79
Properties for Sale
4601 N Lincoln Avenue History
| Date | Value | Agent |
|---|---|---|
| 4/7/2026Source: MRED | Active |
|
| 4/2/2026Source: MRED | April 02, 2026 |