Address
2020 N Lincoln # Cu1, Chicago, IL
Price
$ 350,000
Property Attributes
  • MLS#12386145
  • TypeCommercial
  • Listing Status Active
  • CountyCOOK
  • CityChicago
  • AreaCHI - Lincoln Park
  • Zip60614
  • StyleCommercial
  • Year Built1971
  • Taxes$ 45375
  • Price$ 350,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Incredible 4,650 SF ground-floor commercial condo in prime Lincoln Park location, available for sale. Formerly home to the Original Pancake House for over 25 years, this high-exposure space is located at the base of a 440-unit luxury residential building and surrounded by dense residential towers. Ideal for restaurant, retail, medical, office, fitness, or service-based users. High ceilings, large windows, and excellent signage opportunities offer strong visibility along Lincoln Park West. Steps from Lincoln Park Zoo, Green City Market, Park West, and the Nature Museum, with year-round pedestrian traffic and affluent surrounding demographics. Former restaurant infrastructure in place. Building association includes right of first refusal and use covenants-please inquire for details. A rare opportunity to own in one of Chicago's most prestigious and high-demand neighborhoods.

Price History
6/6/2025 Listed $699,000
8/8/2025 47$375,000
2/27/2026 7$350,000

General Features

Cooling Central Air
Utilities Electric to Site,Natural Gas Available,Sewer Connected,Water Available
Possession Closing
Zoning COMMR
Construction Materials Brick,Concrete
Year Built 1971
Electric Service - 201 to 600 Amps
Stories Count 39
Township North Chicago
Unit Number CU1
Tax Year 2023
Current Use Commercial
Assoc Fee Paid Per Not Applicable
County Cook
Operating Expense 19352
Property Type Commercial Sale
Status Active
Directions Property is located on East side of Lincoln Park West,north of Armitage.
City Chicago
Number Of Units Total 1
MLS Area CHI - Lincoln Park
Tax Annual Amount 45375
Additional Parcels Y/N No
Leasable Area 4650
Lease Type N/A
Standard Status Active
Property Type Retail/Stores

Interior Features

Flooring Tile,Varies,Other

Exterior Features

Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60614

Price
AVG $180K
$350K
Taxes
AVG $34,737
$45,375
Year Built
AVG 1949
1971
Visits
AVG 488
838
Data Provided by Inside Real Estate®