Mid-America Facilitates Sale of Iconic Lincoln Park Property
July 22, 2026
Mid-America Real Estate Corporation’s Investment Sales Group recently brokered the sale of Lincoln Park West, a 37,615-square-foot iconic retail asset located at the heart of Lincoln Park, one of Chicago’s most affluent and desirable neighborhoods. The offering featured a durable rent roll as well as the opportunity to significantly add value through the lease up or adaptive reuse of the 19,531 square foot second floor.
Lincoln Park West is anchored by an exceptional tenant roster that includes PNC Bank, Starbucks, RJ Grunts (Lettuce Entertain You), and Lincoln Park Preschool, collectively driving consistent daily traffic and long-term stability given a weighted average lease term of 7.0 years. Within a half-mile radius of Lincoln Park West, residents enjoy average household incomes of $202,400 and median home values of $718,100, reflecting a dense concentration of disposable income.
Mid-America Real Estate Corporation Senior Vice President George Ghattas, Principal Joe Girardi, and Senior Associate Patrick Corrigan served as the exclusive listing brokers on behalf of the seller, LLJ Ventures. The property was acquired by a Private Local Investor.
About Mid-America Real Estate Corporation
Mid-America Real Estate is #1 in retail real estate services in the Midwest, with full-service offices in Illinois, Michigan, Minnesota, and Wisconsin. Our exclusive focus on retail property, combined with cutting-edge technology and unsurpassed service, distinguishes Mid-America within the industry and provides clients with a competitive edge. The total consideration value of leasing and investment sales transactions facilitated in 2025 was $2.6 billion. Mid-America leases and manages more than 50 million square feet of retail space, provides comprehensive self-performing facility services, and represents over 270 retailers and other tenants. For more information, visit www.midamericagrp.com. Â
Media Contact: opalmer@midamericagrp.com
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