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21-Unit Hotel with Restaurant
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3473 N Clark St, Chicago, IL 60657

Updated four-story hotel with furnished units, restaurant space, and additional contiguous land.

Property Size15,000 SF
Days on Market145

Property Features for 3473 N Clark St

General Information

Standard status Active
Size 15,000 SF
Property subtype Hospitality

Additional Details

Furnished Yes

Building Details

Year Renovated 2018
Stories 4
Listing Agency: One Chicago Commercial
Listed By: Michael Wencel · License #481.011574
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 2:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of One Chicago Commercial

Investment Insights

Based on property information with market context.

The property includes 21 furnished hotel units within a four-story building updated in 2018. The improvements comprise nearly 15,000 rentable square feet, with tall ceilings and windows on 3-1/2 sides that provide natural light and exposure throughout the units. A restaurant lease occupies the first floor and basement, while the property also includes rights to the entire lot immediately south of the hotel.

The additional land comprises 3,450 SF and is described as a second large contiguous double lot. The property is located at 3473 N Clark St in Chicago, close to Wrigley Field. Special services and amenities are provided with each furnished unit.

Key Highlights

  • 21 hotel units, each fully furnished
  • Building updated in 2018
  • Nearly 15,000 rentable square feet across 4 stories

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Home Appliance Store Electrical Service Nursing Home (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,430
Businesses Nearby
318k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 42% Shops & Services 26% Groceries 15% Apparel 10%
Raising Cane's Chicken Fingers Dining
36,207 visits/mo 0.3 miles
Jewel-Osco Groceries
30,208 visits/mo 0.5 miles
Shell Shops & Services
21,286 visits/mo 0.3 miles
Chick-fil-A Dining
19,353 visits/mo 0.0 miles
Whole Foods Market Groceries
16,040 visits/mo 0.3 miles

Demographics for 60657, IL

72,316
Population
42,246
Households
1.7
Avg Household Size
32
Median Age
87%
College-Educated
99%
High-School Grad
2.2 sq mi
ZIP Area
32,871
Density / Sq Mi
$109,025
Median Household Income
$77,731
Median Earnings
$1,839
Median Rent
$534,500
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
Hotel - Updated four-story hotel with furnished units, restaurant space, and additional contiguous land.
Where is this hotel located?
The property is located at 3473 N Clark St Chicago, IL.
What are key features of this property?
This property features: 21 hotel units, each fully furnished; Building updated in 2018; Nearly 15,000 rentable square feet across 4 stories
More about this property
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