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3240 N Clark Street Chicago, IL 60657

$1,800,000
New / MLS# 12580703 / Commercial - Business / Chicago
0 Beds

Renovated 8-unit mixed-use asset in the heart of Lakeview-one of Chicago's most sought-after retail and residential corridor along the Clark Street corridor. This fully occupied asset consists of six renovated 1-bedroom/1-bathroom apartments and two high-visibility commercial storefronts totaling 2,432 SF. The property underwent a comprehensive renovation in 2017, including updated kitchens with granite countertops and SS appliances, plus a full roof replacement (2013) and new gutters/downspouts. Significant 2022 exterior upgrades include new face brick and modern commercial storefront windows. Designed for operational efficiency, all units feature individual central HVAC and are separately metered for gas and electric. With four rear parking spaces and a prime location just steps from the Belmont CTA station, this property offers both immediate stability and a clear path to a pro-forma yield through market rent adjustments.

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Property Details

Property Type: Commercial - Business
Cooling: Central Individual
Lot Size: 0.09 Acres
Stories: 3.0
Taxes: $28,872
Year Built: 1894

Feature Descriptions

Electric: Separate Meters
Exterior: Brick, Vinyl Siding
Fire Protection: Alarm On Site
Frontage Type: City Street
HVAC: Central Heat/Indiv Controls, Forced Air
Location: Central Business District, Public Transport Avail, In City Limits
Lot Dimensions: 25x150
Parcel#: 14204260310000
Parking: 1-5 Spaces
Tenant Pays: Air Conditioning, Electricity, Heat, Insurance
Units: 8

Location

See details and scored characteristics about this location.

Listing Office: Triton Realty Group LLC

Listing Office Phone: 312-788-9379



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