Georgina Plaza - 5214 - 5224 N. Lincoln Avenue, Chicago, IL 60625

5214-5224 N. Lincoln Avenue (Georgina Plaza) is a prime redevelopment site located at the SEC of Lincoln and Farragut Avenues with exposure to over 23,000 vehicles per day on Lincoln Avenue. The site is directly across from Tony's Finer Foods, a strong regional grocer with numerous locations throughout the Chicago MSA. The property is in the immediate proximity of the multiple CTA Bus Lines including the #11 Line (directly across the street) and the #92 Line (within one block). The site is also walkable to the Western Avenue "EL" Station which is just over one mile to the south. In addition to being grocery shadow-anchored, the immediate includes numerous retailers including Walgreen's, McDonald's, Dunkin' Donuts, Jimmy Johns, Pure Barre, Baskin Robbins, and many more strong local operators. In addition to excellent co-tenancy, the site is surrounded by dense multi-family residential dwellings with over 50,000 residents and a median household income of over $73,000 within one mile. SVN Chicago Commercial is pleased to offer the sale of Georgina Plaza, an excellent redevelopment site located at 5214-5224 N. Lincoln Avenue in the Lincoln Square neighborhood of Chicago, IL. The subject property consists of an 8,544 square foot vacant retail building 0.33 acres across four separate parcels. The site is zoned B3-2 offering multiple redevelopment opportunities including mixed-use (to include residential units above the first floor) or general commercial occupancy with a FAR of 2.2. Additionally, the property is located within the Lincoln TIF District with funds available towards the improvement of the site and located in the pro-development 40th Ward overseen by Alderman Andres Vasquez. Georgina Square currently has dedicated parking in the front and rear of the building as well as access to additional public parking on Farragut Avenue (north side of the building). The site is primed to be redeveloped and/or renovated due to its location and visibility to heavily trafficked Lincoln Avenue as well as its proximity to Tony's Fresh Market, a 48,000 square foot regional grocery chain.