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    3814 Clark St Chicago, IL 60613

    For Sale
    $1,100,000

    Mixed-use building near Wrigleyville

    Property size:
    4,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional mixed-use property at 3814 N Clark Street in Chicago's vibrant Wrigleyville neighborhood presents a compelling investment opportunity. The building, constructed in 1902, boasts a total of 4,800 square feet spread across two stories. The ground floor currently houses a thriving, owner-operated liquor and convenience store, offering immediate income potential. This business is available for separate purchase at $100,000. Above the commercial space, two income-generating apartments provide additional revenue streams. Each apartment features three bedrooms and one bathroom, catering to a strong rental market demand in the area. A valuable two-car garage is included, offering potential for owner use or further rental income generation. Located just two blocks from Wrigley Field, this property benefits from high foot traffic and proximity to a major tourist attraction. The asking price for this turnkey investment is $1,100,000, representing a significant opportunity in a highly desirable Chicago location. The property's blend of commercial and residential income streams, coupled with its prime location, makes it an attractive investment for both seasoned and emerging real estate investors. The building's history adds to its unique character, while its current operational status ensures immediate return on investment. This is a rare chance to acquire a well-established, income-producing property in one of Chicago's most sought-after neighborhoods.

    Property Features for 3814 Clark St

    General Information

    Property type
    Retail properties
    Square Feet
    4,800 SF

    Building Details

    Year Built
    1902
    Stories
    2

    HighLights

    • $1,100,000 asking price.
    • 4,800 square foot retail building.
    • 1902 construction, two stories.
    • Located at 3814 N Clark Street, Chicago, IL 60613.
    • Includes two income‑producing 3‑bedroom/1‑bathroom apartments.
    • Features a two‑car garage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    East Lake View ... Beer Store

    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
    -87.6601757
    Latitude
    41.9514613

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    FAQs

    What type of property is this?
    Retail property - Mixed-use building near Wrigleyville
    Where is this retail property located?
    The property is located at 3814 Clark St Chicago, IL.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: $1,100,000 asking price.; 4,800 square foot retail building.; 1902 construction, two stories.
    Request Owner's contact information
    3814 Clark St Chicago, IL 60613
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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
    3814 Clark St Chicago, IL 60613
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