Interra Realty has been exclusively engaged to market 3301 N. Clark Street, Chicago, for sale. The subject investment property is a multifamily and retail mixed-use asset in the Wrigleyville submarket of the Lakeview Neighborhood.
Ownership recently executed a seven year lease with a local restaurant group opening an American supper club concept. The modified gross includes the tenant paying 63% of the building’s water bill and a small portion of RE taxes and insurance over the ’24 base year. The apartments are primarily two bedroom apartments with spacious layouts and nice rental quality finishes. All units have in-unit laundry, individual HVAC, and dishwashers. The rear of the property features parking for 2-3 vehicles.
A new investor has the opportunity to acquire a stabilized mixed-use asset on a prominent corner in one of Chicago’s most in-demand rental markets. The property is being offered for sale free-and-clear of existing financing.