Essex Realty Group, Inc. is pleased to announce the sale of 4732-4734 N. Lincoln Ave., a two-story, 21,250 SF building located in the heart of Chicago’s Lincoln Square neighborhood. This mixed-use property was the former home to Chicago’s Brauhaus, the beloved German-style restaurant, plus ten (10) office spaces on the second level. This unique listing presented developers with several repositioning strategies due to its qualifications as a TOD site and prime central location on Lincoln Avenue. Essex successfully marketed the deal as a development opportunity, which resulted in robust activity to meet the seller’s pricing expectations.
The subject property is located 0.1 miles from the Western CTA Brown line and 0.5 miles from the Rockwell CTA Brown line stops. The Lincoln Square neighborhood is home to a variety of local shops, businesses, private residences and apartment buildings offering a wide range of dining and entertainment options. In fact, the Lawrence and Lincoln Avenue intersections boasts some of the greatest restaurants and night life options the city has to offer.
- Rarely Available and Treasured Asset
- Coveted Location in the Heart of Lincoln Square
- Unique Development Opportunity
- 0.2 Miles from CTA Western Brown Line
- Current Zoning: B1-1