3814 N Clark Street, Chicago, IL 60613
Mixed-use building with store and apartments near Wrigley Field.
- Added:
- Feb 12, 2024
- Days on Market:
- 876
- Last Refresh:
- Jun 25 at 11:45 pm
Property Features for 3814 N Clark Street
General Information
- Standard status
- Active
- Size
- 4,800 SF
- Property subtype
- Mixed Use, Retail
Building Details
- Year Built
- 1902
Listing office @properties
Listing date Feb 12, 2024
Source Crexi
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 @properties
HighLights
- Mixed‑use building near Wrigley Field
- First floor liquor and convenience store
- Two income‑producing 3‑bedroom apartments
- Two‑car garage included
- Owner‑operated business opportunity awaits
- Built in 1902
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $126.7k | $26.40 |
| − Vacancy | −$7.6k | −$1.58 |
| EGI | $119.1k | $24.82 |
| − OpEx | −$29.8k | −$6.20 |
| NOI | $89.3k | $18.61 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6603314
- Latitude
- 41.9514482
