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$120,000
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Property Description
Turnkey restaurant opportunity on high-traffic Lincoln Avenue in Chicago. Approximately 2,000 sq. ft. with two restrooms, a kitchen featuring an installed hood and exhaust fan, and over 50 dedicated parking spaces. The property offers excellent visibility and easy access in a strong commercial corridor. Ideal for a well-established franchise seeking a proven location, or for an existing restaurant operator looking to open a second location. Space is move-in ready and available for immediate possession. Assest selling for $150,000.
Full Property Details
Full Property Details for 5343 N Lincoln Ave
General
- Price: $120,000
- Taxes: (2023)
- Status: Active
- Type: Business
- Source: MRED
- MLS ID: 12540873
- Updated: 1/21/2026
- Added to Site: 46 day(s) ago
Business
- Business Type: Restaurant
- Years in Business: 1 to 3 Yea
- Seating Capacity: 31 to 40
Location
- Area: CHI - Lincoln Square
- County: Cook
- Driving Directions: Lincoln Ave to the shopping plaza
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 1
- Square Feet: 2,000
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 0 x 0
- Zoning: COMMR
Financial Considerations
- Lease Price: $24
- For Sale/Rent/Lease: For Sale or Rent
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance
Disclosures and Reports
- Property ID: 13122250020000
Listed by Bluebird Realty, Inc.
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Schools
Schools serving 5343 N Lincoln Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Jamieson Elementary School 5650 North Mozart Street, Chicago, IL 60659 | K-8 | 0.6 mi |
Mather High School 5835 North Lincoln Avenue, Chicago, IL 60659 | 9-12 | 0.8 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 5343 N Lincoln Ave
Date
Details
Price
Change
Source
1/16/2026
Price Reduced
$120,000
-20%
MLS
1/05/2026
Listed
$150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5343 N Lincoln Ave
5343 N Lincoln Avenue, Chicago, IL 60625 (MLS# 12540873) is a Business property. 5343 N Lincoln Avenue is currently listed for $120,000 and was received on January 05, 2026. Want to learn more about 5343 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.

