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$375,000

  • For Sale
  • Active
  • Commercial
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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.

Full Property Details for 2020 N Lincoln #CU1

General

  • Price: $375,000
  • Taxes: $45,375 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12386145
  • Updated: 9/6/2025
  • Added to Site: 225 day(s) ago

Interior

  • Interior Features: Atrium, Freight Elevator(s), Accessible Entrance, Public Restroom(s), Storage Inside
  • Flooring: Tile, Varies, Other

Additional Information

  • Security/Safety: Ansul System, Fire Extinguisher(s)

Location

  • Area: CHI - Lincoln Park
  • County: Cook
  • Township: North Chicago
  • Driving Directions: Property is located on East side of Lincoln Park West, north of Armitage.
  • Location Details: Mixed-Use Area, Park Adjacent, Public Transport Avail

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Central Heat/Individual Controls

Utilities

  • Onsite: Electricity Available, Natural Gas Available, Sewer Connected, Water Available

Structural Information

  • Construction: Brick, Concrete
  • Exterior Const.: Brick, Concrete
  • Sub-Flooring: Tile, Varies, Other
  • Stories/Levels: 39
  • Current Bldg. Use: Commercial
  • Year Built: 1971

Lot Features

  • Lot Dimensions: 0 x 0
  • Frontage: City Street
  • Zoning: COMMR

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Operating Expenses: $19,352
  • Other Fee: $19,352
  • Security Deposit: Ansul System, Fire Extinguisher/s
  • Assessment Year: 1971
  • Tax Amount: $45,375
  • Tax Year: 2023

Disclosures and Reports

  • Property ID: 14332080281001

Listed by Berkshire Hathaway HomeServices Chicago

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Listing agent

— 2020 N Lincoln #CU1 —

  • Berkshire Hathaway HomeServices Chicago

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 2020 N Lincoln #CU1

School District:Chicago Public School District 299
NameGradesDistance
Lincoln Elementary School, Chicago, IL
615 West Kemper Place, Chicago, IL 60614
K-80.5 mi
Lincoln Park High School, Chicago, IL
2001 North Orchard Street, Chicago, IL 60614
9-120.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2020 N Lincoln #CU1 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/08/2025
Price Reduced
$375,000
-46.35%
MLS
6/06/2025
Listed
$699,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2020 N Lincoln #CU1

Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,392
3%
$59,962
—
2022
$11,067
-8%
$59,962
—
2021
$12,058
-2%
$59,962
8%
2020
$12,340
2%
$55,395
-8%
2019
$12,088
2%
$60,165
—
2018
$11,885
21%
$60,165
17%
2017
$9,795
-5%
$51,576
—
2016
$10,330
63%
$51,576
39%
2015
$6,330
8%
$37,169
9%
2014
$5,873
2%
$34,220
—
2013
$5,746
-8%
$34,220
-8%
2012
$6,233
—
$37,232
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Berkshire Hathaway HomeServices Chicago

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2020 N Lincoln #CU1, Chicago, IL 60614 (MLS# 12386145) is a Commercial property. 2020 N Lincoln #CU1 is currently listed for $375,000 and was received on June 06, 2025. Want to learn more about 2020 N Lincoln #CU1? Do you have questions about finding other Commercial real estate for sale in Lincoln Park? You can browse all Lincoln Park real estate or contact a Coldwell Banker agent to request more information.

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