Date
Details
Price
Change
Source
4/02/2026
Listed
$125,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$125,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 4601 N Lincoln Ave
General
- Price: $125,000
- Taxes: (2024)
- Status: Active
- Type: Business
- Source: MRED
- MLS ID: 12608479
- Updated: 4/2/2026
- Added to Site: 1 day(s) ago
Business
- Name: Essence Of India
- Business Type: Food & Beverage, Restaurant
- Years in Business: 11 or More
Interior
- Interior Features: Accessible Entrance, Accessible Washroom/s, Public Restroom(s), Storage Inside
Location
- Area: CHI - Lincoln Square
- County: Cook
- Driving Directions: The subject property is located on the northeast corner of Lincoln and Wilson
- Location Details: Corner, Mixed-Use Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 1
- Square Feet: 2,500
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Sq. Ft.): 13,000
- Lot Dimensions: 125*110
- Frontage: City Street
- Potential Use: Commercial, Liquor License
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $999
- Tax Year: 2024
Disclosures and Reports
- Ownership: Corporation
- Property ID: 77777770000000
Listed by Sperry Van Ness
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Listing agent
— 4601 N Lincoln Ave —
Sperry Van Ness
NMLS#: 1598647
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Schools
Schools serving 4601 N Lincoln Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Waters Elementary School, Chicago, IL 4540 North Campbell Avenue, Chicago, IL 60625 | K-8 | 0.3 mi |
Amundsen High School 5110 North Damen Avenue, Chicago, IL 60625 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4601 N Lincoln Ave
Tax History
Tax History for 4601 N Lincoln Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$75,278
—
$542,300
60%
2023
$75,278
3%
$339,736
—
2022
$72,917
2%
$339,736
—
2021
$71,307
11%
$339,736
23%
2020
$64,044
11%
$275,376
—
2019
$57,760
2%
$275,376
—
2018
$56,705
15%
$275,376
25%
2017
$49,378
69%
$220,400
58%
2016
$29,164
10%
$139,684
—
2015
$26,510
-9%
$139,684
-7%
2014
$29,010
2%
$150,837
—
2013
$28,437
1%
$150,837
—
2012
$28,125
—
$150,837
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4601 N Lincoln Ave
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- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 1Total Bath
- 1,008Sq. Ft.
Listed by Lisa Clemente (708) 268-8641
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,096Sq. Ft.
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4601 N Lincoln Avenue, Chicago, IL 60625 (MLS# 12608479) is a Business property. 4601 N Lincoln Avenue is currently listed for $125,000 and was received on April 02, 2026. Want to learn more about 4601 N Lincoln Avenue? Do you have questions about finding other Business real estate for sale in Lincoln Square? You can browse all Lincoln Square real estate or contact a Coldwell Banker agent to request more information.