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    3473-3477 N Clark St Chicago, IL 60657

    For Sale
    $11,000,000

    21-room hotel with retail, patio, and rooftop deck.

    Property size:
    15,239 SF
    Lot size:
    0.04 Acres

    Property Features for 3473-3477 N Clark St

    General Information

    Size
    15,239 SF
    Lot size
    0.04 Acres

    Source: SVN | Chicago Agent Paul R. Cawthon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Boutique Hotel Near Wrigley Field

    This property features a newer renovation and includes a 21-room boutique hotel within an elevator building. A new 10-year retail lease is in place. The property includes a large 3,500 square foot outdoor patio with a restaurant and a large rooftop deck for hotel patrons. Skyline views are available. The property is located steps from Wrigley Field and is surrounded by nightlife, bars, restaurants, and public transportation. The property size is 15,239 square feet.
    Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6548257
    Latitude
    41.945483

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    FAQs

    What type of property is this?
    Hotel - 21-room hotel with retail, patio, and rooftop deck.
    Where is this hotel located?
    The property is located at 3473-3477 N Clark St Chicago, IL.
    What is the asking price?
    The asking price for this property is $11,000,000.
    What are key features of this property?
    This property features: - Large 3,500 SF Outdoor Patio with Restaurant; - New 10 Year Retail Lease; - Large Roof Top Deck for Hotel Patrons
    (630) 640-1001
    Request Owner's contact information
    3473-3477 N Clark St Chicago, IL 60657
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    Chicago, IL 60657
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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
    3473-3477 N Clark St Chicago, IL 60657
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