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    3347 N Clark St Chicago, IL 60657

    For Sale
    $888,000

    Retail condo with high visibility in an affluent neighborhood.

    Property size:
    2,500 SF
    Lot size:
    0.07 Acres

    Property Features for 3347 N Clark St

    General Information

    Size
    2,500 SF
    Lot size
    0.07 Acres

    Source: YOUMU Ventures LLC Agent Tony Liu

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

    Overview

    Prime Retail Condo For Sale

    This retail condo offers a rare ownership opportunity in a prime location within an affluent neighborhood. The property benefits from excellent visibility and high foot traffic on a bustling street, surrounded by numerous shops, restaurants, and attractions. The interior space, exceeding 3,000 square feet, features an open layout that allows for customization to accommodate various business needs, including restaurants, boba tea shops, coffee shops, medical offices, massage stores, and nail salons. The property includes 2,500 square feet on the main level, enhanced by 14-foot ceilings, plus a full basement with 8-foot ceilings, providing an abundance of space across two levels. The property has a 6.33% CAP rate.
    Insight Report Location Intelligence

    Current Use by Public Records

    Stephanie Gounder Family Practice Physician VIP Feet Feel ... Massage Spa

    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
    -87.6527972
    Latitude
    41.9430958

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    FAQs

    What type of property is this?
    Retail space - Retail condo with high visibility in an affluent neighborhood.
    Where is this retail space located?
    The property is located at 3347 N Clark St Chicago, IL.
    What is the asking price?
    The asking price for this property is $888,000.
    What are key features of this property?
    This property features: - 6.33% CAP rate prime retail condo in an affluent neighborhood.; - Over 3,000 square feet of interior space with customizable open layout.; - Excellent visibility and high foot traffic location.
    (312) 888-5486
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    3347 N Clark St 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
    3347 N Clark St Chicago, IL 60657
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