March 31, 2025 – Dan Tilsner of Horvath & Tremblay has successfully completed the sale of a Mixed-Use Property in Chicago, Illinois. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $2,300,000.
The Mixed-Use Property is located at 2811 N Lincoln Avenue in Chicago, Illinois. The mixed-use investment property is comprised of a three-story building with five (5) total units including one (1) commercial unit on the first floor leased to Pup’s Pet Club, a growing chain with six locations, and four (4) 2-Bedroom/1-Bathroom residential units on the upper floors. The building contains a total of 6,725 square feet and sits on a 0.05-acre parcel. The offering also included the sale of a vacant lot (0.06-acres) located at 2858 N Racine Avenue; the developable land is adjacent to 2811 N Lincoln Avenue. 2811 North Lincoln Avenue is situated in a prime location adjacent to the 6-way intersection of North Lincoln Avenue, North Racine Avenue and West Diversey Parkway in Lakeview, a high-density, inner-urban core neighborhood on the north side of Chicago. The Property boasts excellent visibility along one of the busiest stretches of Lincoln Avenue with high pedestrian and vehicular traffic and is just 0.3 miles from the Diversey “L” Station with service on the Brown and Purple CTA Lines.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.