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3240 N Clark St Chicago, IL 60657

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For Sale
$1,800,000

Renovated mixed-use building with apartments and commercial storefronts in Lakeview.

Property Features for 3240 N Clark St

General Information

Standard status
Active

Building Details

Year built
1894

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Listing Contact
Matthew Fritzshall
Source: Corcoran

Listing Agency: TRITON REALTY GROUP LLC Listing Agent: Matthew Fritzshall

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

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Overview

Lakeview Mixed-Use Renovated Building

This renovated 8-unit mixed-use property is located in the Lakeview neighborhood of Chicago, along the Clark Street corridor. The fully occupied building features six renovated 1-bedroom/1-bathroom apartments and two commercial storefronts totaling 2,432 square feet. The property was comprehensively renovated in 2017, including updated kitchens with granite countertops and stainless steel appliances. A full roof replacement was completed in 2013, along with new gutters and downspouts. Exterior upgrades in 2022 include new face brick and modern commercial storefront windows. All units have individual central HVAC and are separately metered for gas and electric. The property includes four rear parking spaces and is located steps from the Belmont CTA station. The property is designed for operational efficiency and offers a path to a pro-forma yield through market rent adjustments.
Location Intelligence

Current Use by Public Records

Happy Angel Spa Alternative Medicine Practice Wicked Plants Garden Center

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

Location Insight

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City
Chicago
County
Cook
State
Illinois
Longitude
-87.6518516
Latitude
41.9408396

FAQs

What type of property is this?
Mixed-use property - Renovated mixed-use building with apartments and commercial storefronts in Lakeview.
Where is this mixed-use property located?
The property is located at 3240 N Clark St Chicago, IL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: - Prime Lakeview location on Clark Street; - Fully occupied mixed-use asset with six renovated apartments and two commercial storefronts; - Updated kitchens with granite countertops and stainless steel appliances due to comprehensive renovation in 2017
More about this property
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