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    3824 N Clark St Chicago, IL 60613

    Under Contract
    For Sale
    $1,498,000

    Commercial Sale - Chicago, IL

    Property size:
    4,686 SF
    Days on Market:
    132
    Last Refresh:
    Dec 8 at 12:06 am

    Property Features for 3824 N Clark St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    COMMR
    APN
    14201100280000
    Size
    4,686 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1903
    Number of units
    4
    Flooring type
    Wood
    Roof type
    Rubber
    Architectural style
    Other

    Compass Real Estate

    Listing agent Mikus Kins (312) 733-7201 License #475161490

    Listing date Jul 30, 2025

    MLS# 12358253 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wrigleyville Mixed-Use Investment Opportunity

    Located at 3824 N Clark Street, Chicago, this mixed-use building offers an investment opportunity in the heart of Wrigleyville. The property features a ground floor commercial unit, a basement storage unit, and two renovated 3-bedroom, 2-bath residential units. The residential units include modern amenities such as stainless steel appliances, granite countertops, hardwood floors, and in-unit laundry. The building is equipped with central air and updated electrical and plumbing systems, and includes a large rear porch. The property is currently 100% leased, with the residential units leased to an Airbnb management company. Additional revenue streams are generated from a leased billboard and Spot Hero parking spaces located in the rear. Situated a few blocks from the Red Line El train and within walking distance of Wrigley Field, the location offers convenient access to transportation and local attractions.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cremation Society of Illinois Cremation Service 1Body1life Medical Clinic Alice N Oz Women'S Clothing Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.660512
    Latitude
    41.9516759

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building in prime Wrigleyville location with high cash flow.
    Where is this mixed-use property located?
    The property is located at 3824 N Clark St Chicago, IL.
    What is the asking price?
    The asking price for this property is $1,498,000.
    What are key features of this property?
    This property features: - Prime Wrigleyville location near Wrigley Field and the Red Line El train.; - High-performing investment property with a **7% Cap Rate.**; - Fully leased building with multiple income streams: commercial unit, residential units, billboard, and parking spaces.
    (312) 733-7201
    Request Owner's contact information
    3824 N Clark St Chicago, IL 60613
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    Chicago, IL 60613
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3824 N Clark St Chicago, IL 60613
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