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2020 N Lincoln Park West - Lincoln Park West Local commercial | 432 m² | 607 151 € | À vendre | Chicago, IL 60614
Certaines informations ont été traduites automatiquement.
RÉSUMÉ ANALYTIQUE
Discover a rare opportunity to own a versatile commercial condo in the heart of Chicago’s prestigious Lincoln Park neighborhood. Located at 2020 N Lincoln Park West, Unit CU1, this ground-level restaurant space sits at the base of a 39-story luxury residential tower with 440 units, offering immediate access to a built-in customer base. For over 25 years, this was home to the beloved Original Pancake House, making it an iconic dining destination with strong neighborhood recognition. The space is perfectly suited for an experienced restaurant operator ready to capitalize on one of Chicago’s most desirable locations. Surrounded by multiple high-rise residential towers within just a block, the property benefits from high foot traffic and an affluent local demographic. Just steps from the Lincoln Park Zoo, the Nature Museum, the Lincoln Park Conservatory, Park West entertainment venue, and the popular Green City Market, this location is a magnet for both residents and tourists. Its proximity to public transportation, coupled with available street parking, ensures easy accessibility for diners, shoppers, and patrons. The 4,650 square foot unit offers a spacious interior layout ideal for a range of restaurant or retail concepts. Existing infrastructure includes central air conditioning, a fire suppression system, and electric capacity between 201–600 amps, providing a strong operational foundation. Whether you envision a trendy café, neighborhood diner, upscale bistro, boutique market, or wellness studio, the space delivers flexible design potential in a high-visibility corridor. Given its history, location, and potential, this property represents an exceptional investment for restaurateurs or retail entrepreneurs looking to establish a flagship presence in Lincoln Park. Few commercial properties combine such legacy, foot traffic, and access to affluent clientele. Seize this opportunity to bring your concept to life in one of the city’s most dynamic and proven locations.
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INFORMATIONS SUR L’IMMEUBLE
CARACTÉRISTIQUES
CARACTÉRISTIQUES DU LOT
- Climatisation
- Micro-ondes
- Chauffage
- Cuisine
- Réfrigérateur
- Four
- Baignoire/Douche
CARACTÉRISTIQUES DU SITE
- Accès 24 h/24
- Centre de fitness
- Piscine
- Sauna
- Terrain de tennis
- Portier
- Service de blanchisserie
- Commerces sur place
- Local à vélos
1 LOT DISPONIBLE
Lot CU 1
| Surface du lot | 432 m² | Usage du lot en coprop. | Local commercial |
| Prix | 607 151 € | Type de vente | Investissement ou propriétaire occupant |
| Prix par m² | 1 405,45 € |
| Surface du lot | 432 m² |
| Prix | 607 151 € |
| Prix par m² | 1 405,45 € |
| Usage du lot en coprop. | Local commercial |
| Type de vente | Investissement ou propriétaire occupant |
DESCRIPTION
Cet espace commercial situé au pied d'un complexe d'appartements de luxe de 440 unités est disponible pour tous les usages, y compris les commerces, les bureaux ou les services médicaux. Ancien restaurant. Situé au cœur de restaurants locaux tels que la Chicago Pizza and Oven Grinder Company, le R.J. Grunts, le Geja's Cafe et la salle de divertissement Park West. Les habitants et les touristes apprécient les attractions voisines telles que le zoo de Lincoln Park (3 millions de visiteurs*), le musée naturel Peggy Notebaert (250 000 visiteurs*), le marché de Green City (jusqu'à 10 000 visiteurs**) à Lincoln Park et la plage de North Avenue (6,5 millions de visiteurs*) qui attire 2 millions de visiteurs pour le spectacle aérien et aquatique. Prêt pour un opérateur expérimenté. Juste en face du zoo de Lincoln Park, qui accueille plus de 3 millions de visiteurs par an. Comprend deux hottes aspirantes, un congélateur de plain-pied et un refroidisseur de plain-pied. Haute visibilité dans un emplacement idéal.
NOTES SUR LA VENTE
**SALE NOTES – 2020 N Lincoln Park West, Unit CU1 | Chicago, IL 60614**
**Property Overview:**
Prime 4,650 SF ground-floor commercial condo located in the heart of Lincoln Park, one of Chicago’s most established and affluent neighborhoods. Positioned at the base of a 440-unit luxury residential tower and surrounded by high-rise buildings, this corner unit offers unparalleled exposure to heavy foot traffic, destination visitors, and a stable high-income local population.
**Former Use:**
Previously occupied by the Original Pancake House for over 25 years. Restaurant infrastructure remains in place, but the space is easily adaptable for other high-value commercial uses.
**Ideal Uses:**
Restaurant, Coffee Shop, Retail Boutique, Medical, Dental, Chiropractic, Fitness Studio, Spa/Salon, Gallery, or Professional Office. B1-2 zoning offers flexible use potential.
**LOCATION ADVANTAGE**
**High Traffic + Tourist Magnet:**
* Located steps from **Lincoln Park Zoo** (over **3.6 million annual visitors** – free admission all year)
* One block from **Green City Market**, **Peggy Notebaert Nature Museum**, **North Pond**, and **Park West Theater**
* Constant year-round foot traffic from residents, tourists, eventgoers, and runners/cyclists from the lakefront path
* CTA bus stops within 200 feet; 5-minute drive to Lake Shore Drive; short walk to Clark St retail corridor
**DEMOGRAPHICS** *(2023 Data — 1 Mile Radius)*
* **Population:** 54,000+
* **Households:** 28,500+
* **Median Household Income:** \$132,000+
* **Average Household Income:** \$188,000+
* **Daytime Population (includes workers and visitors):** 90,000+
* **Walk Score:** 96 (“Walker’s Paradise”)
* **Bike Score:** 92
* **Transit Score:** 80
**PROPERTY FEATURES**
* ±4,650 SF corner commercial condo
* Large window line and high ceilings
* Existing kitchen infrastructure (grease trap, venting, plumbing – confirm with broker)
* Strong visibility with signage potential
* In the base of a well-managed 440-unit high-rise condo
* Utilities and mechanicals in place; minimal buildout for similar uses
* Ideal for both owner-users and long-term investors
**CONDO ASSOCIATION NOTES**
* **Right of First Refusal applies** (unit sale subject to board review and match rights)
* Use restrictions/covenants in place—please inquire
* Professionally managed, healthy reserves, stable assessments
**Zoning:** B1-2
**Property Use:** Retail | Restaurant | Medical | Office | Service
**Available:** Immediately
**Sale Type:** Fee Simple Interest
**Summary:**
With high visibility, rich foot traffic, and direct access to one of Chicago’s highest income, highest density neighborhoods, 2020 N Lincoln Park West presents a rare ownership opportunity in a true legacy location. Whether you’re expanding a brand, opening a flagship, or securing long-term real estate for a stable business model—this offering is a standout.
LOT INFORMATIONS SUR LA COMBINAISON
| DESCRIPTION | NB DE LOTS | MOY. LOYER/MOIS | m² |
|---|---|---|---|
| Studios | 443 | - | - |
Présenté par
2020 N Lincoln Park West - Lincoln Park West
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