3824 N Clark St - Storefront Retail/Residential FOR SALE


Chicago, IL 60613
$1,548,000 USD
312-925-8013
3824 N Clark St, Chicago, IL for Sale
$1,548,000 USD
Storefront Retail/Residential - FOR SALE
1/18
null | 7.09% Cap Rate

3824 N Clark St
Chicago, IL 60613


HIGHLIGHTS

  • 100% Leased Hot Wrigleyville 7% Cap Rate Investment Property
  • Multi Year Airbnb Business in Place
  • Additional Income from Billboard and Spot Hero in Place

OVERVIEW

Prime Location in Wrigleyville! This stunning mixed-use building at 3824 N Clark Street, Chicago, offers an exceptional opportunity for investors that is producing amazing cash flows with a 7+% Cap Rate. Situated in the heart of a lively neighborhood, this property features a ground floor commercial unit, a basement storage unit and two beautifully renovated 3-bedroom, 2-bath residential units with modern amenities including stainless steel appliances, granite countertops, hardwood floors, and in-unit laundry. The building also boasts central air, a large rear porch, and updated electrical and plumbing systems. The property is 100% leased and the two residential units are leased to an Airbnb management company. Additional revenue sources in place with a leased billboard and Spot Hero parking spaces in the rear. Located just a few blocks away from the Red Line El train and a short walk to Wrigley Field, this location is perfect for those seeking vibrant city living with excellent transit options. Don’t miss out on this rare chance to own a piece of prime real estate in one of Chicago’s most sought-after areas.

FOR SALE DETAILS

PRICE

$1,548,000 USD

PRICE/SF

$287 USD /SF

CAP RATE

7.09%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1902

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

B3-2; Chicago

APN/PARCEL ID

14-20-110-028-0000

ASK ABOUT THIS PROPERTY

Mikus KinsBe Commercial RealtyMore Info
312-925-8013

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Mikus KinsBe Commercial RealtyMore Info
312-925-8013

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.