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Renovated 8-Unit Mixed-Use Building
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3240 N Clark Street, Chicago, IL 60657

Fully occupied mixed-use property with six apartment units and two commercial storefronts, separately metered gas and electric.

Days on Market152

Property Features for 3240 N Clark Street

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Commercial
Occupancy 100%

Units

Unit Mix 6 x 1BR/1BA
Multifamily Units 6

Additional Details

Public Transit Yes

Building Details

Year Built 1898
Year Renovated 2017
Tenancy Multi
Listing Agency: Triton Realty Group LLC
Listed By: Matthew Fritzshall
Source: Perillorealestategroup
Added: Mar 2 Changed: Jul 30 Last Checked: Jul 31 at 12:31PM

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 Triton Realty Group LLC

Investment Insights

Based on property information with market context.

Renovated 8-unit mixed-use building featuring six renovated 1-bedroom/1-bathroom apartments and two high-visibility commercial storefronts totaling 2,457 SF. The property underwent a comprehensive renovation in 2017, including updated kitchens with granite countertops and stainless steel appliances. Roofing work includes a full roof replacement in 2013 and new gutters/downspouts.

Built in 1898, the asset has continued exterior and storefront improvements, including significant 2022 upgrades with new face brick and modern commercial storefront windows. Each residential unit includes individual central HVAC and is separately metered for gas and electric, supporting operational efficiency.

For day-to-day access and tenant convenience, the property offers four rear parking spaces. It is located in the heart of Lakeview on the Clark Street corridor, just steps from the Belmont CTA station.

Key Highlights

  • Six renovated 1‑bedroom/1‑bath apartments plus two commercial storefronts totaling 2,457 SF
  • Comprehensive renovation in 2017, including updated kitchens with granite countertops and stainless steel appliances
  • Full roof replacement in 2013 plus new gutters/downspouts

Property Analytics

Current Use

Happy Angel Spa Alternative Medicine Practice Wicked Plants Garden Center

Suggested Use

Top Pick Law Firm Food Market Auto Parts Store Auto Repair Shop (Bike/Boat/Book/etc) Store Grocery & Convenience 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.

Lease Details

6
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

7,240
Businesses Nearby

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

Properties on Market for Mixed-use properties in Chicago

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully occupied mixed-use property with six apartment units and two commercial storefronts, separately metered gas and electric.
Where is this mixed-use property located?
The property is located at 3240 N Clark Street Chicago, IL.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Six renovated 1‑bedroom/1‑bath apartments plus two commercial storefronts totaling 2,457 SF; Comprehensive renovation in 2017, including updated kitchens with granite countertops and stainless steel appliances; Full roof replacement in 2013 plus new gutters/downspouts
More about this property
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