Lincoln Square Corner Restaurant For Sale

For Sale

4601 N Lincoln Avenue, Chicago, IL 60625

This Chicago property for sale is located at 4601 N Lincoln Avenue. The current listed sale price for Lincoln Square Corner Restaurant For Sale is $125,000.

Contacts

Marcus Sullivan

SVN | Chicago Commercial

Property Details

  • Property Type Retail - Restaurant
  • Property Size 1,600 SF
  • Property Tenancy Multi-Tenant
  • Year Renovated 2020
  • Date Updated May 15, 2026
Nestled on the North Side of Chicago, Lincoln Square offers a vibrant, walkable community known for its charming blend of historic character and modern energy, making it an ideal setting for a thriving restaurant concept. The neighborhood draws a loyal, diverse clientele with its tree-lined streets, strong local identity, and year-round foot traffic driven by boutique shopping, cultural venues, and popular festivals. Anchored by a dynamic mix of established dining spots and emerging culinary talent, Lincoln Square provides a built-in audience that values quality, authenticity, and neighborhood charm, creating a prime opportunity for a restaurant to become a beloved local destination.Positioned on a prominent corner in the heart of Lincoln Square, this 1,600 SF restaurant presents a rare opportunity to acquire a long-standing, fully built-out space in one of Chicago’s most vibrant dining corridors. The location benefits from exceptional visibility and steady foot traffic, with a concept that has successfully operated here for over two decades—underscoring the strength and consistency of the site. The space features a full commercial kitchen and includes all in-place licenses, including a retail food incidental liquor license and a sidewalk café permit. With seating for 50 guests inside and a substantial outdoor dining component, this turnkey offering is ideally suited for an operator looking to step into an established, high-demand neighborhood with immediate upside potential.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • 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 café permit, allowing for seamless transition to new ownership
  • 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
  • Seating for 50 guests indoors plus a large outdoor dining component; location has successfully operated for over 20 years, demonstrating long-term viability

Attachments

Getting around

  • 98/100

    Walk Score ®

  • 73/100

    Transit Score ®

  • 88/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Chicago, IL
  • Neighborhood Ravenswood
  • Zip Code 60625
  • Market Chicago

Points of Interest

  • Damen

    0.36 miles

  • Montrose

    0.61 miles

  • Irving Park

    0.93 miles

  • Addison

    1.36 miles

  • Paulina

    1.65 miles

  • Sheridan

    1.77 miles

  • Southport

    1.87 miles

  • Belmont

    2.25 miles

  • Granville

    2.45 miles

  • Logan Square

    2.69 miles

  • Shell

    0.32 miles

  • Mobil

    0.35 miles

  • Citgo

    0.97 miles

  • BP

    1.20 miles

  • eVgo

    1.52 miles

  • Volta Charging Station

    2.38 miles

  • ChargePoint

    2.57 miles

  • Tesla Destination Charger

    2.58 miles

  • Tesla Supercharger

    2.86 miles

  • Blink

    4.36 miles

  • Ravenswood Medical Center

    0.39 miles

  • Horner Park Parking

    0.77 miles

  • Swedish Covenant Hospital

    0.96 miles

  • Commuter Parking

    1.30 miles

  • Resident Student Parking

    1.36 miles

  • Kimball Park & Ride

    1.37 miles

  • Faculty & Staff Parking

    1.43 miles

  • Essence of India

    0.01 miles

  • Caro Mio

    0.01 miles

  • Luella's Southern Kitchen

    0.01 miles

  • Daily Bar and Grill

    0.02 miles

  • Fork

    0.02 miles

  • Gather

    0.06 miles

  • The Warbler

    0.06 miles

  • Rolls N Bowls

    0.07 miles

  • Dimo's Cafe

    0.09 miles

  • Due Lire

    0.09 miles

  • L&M Fine Foods

    0.29 miles

  • ALDI

    0.34 miles

  • Jewel-Osco

    0.49 miles

  • HarvesTime Foods

    0.55 miles

  • Mariano's Fresh Market

    0.63 miles

  • Tony's Fresh Market

    0.86 miles

  • Dollar City

    1.09 miles

  • Lindo Michoacán

    1.17 miles

  • Trader Joe's

    1.19 miles

  • Sahar International Market

    1.20 miles

Contact Listing Broker
Marcus Sullivan

SVN | Chicago Commercial

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.