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    2828 Clark St Chicago, IL 60657

    Sponsored
    For Lease
    Contact for pricing

    Lincoln Park, Class A, 49,923 SF Available

    Lot size:
    175,065 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    The Century Shopping Centre, a Class A, 175,065 square foot multi-tenant property in Chicago's Lincoln Park submarket (North Chicago cluster), offers 49,923 square feet of vacant space. This eight-story building, constructed in 1920 and renovated in 2000, features a mix of retail and medical office space. Units range from a minimum of 300 square feet to a maximum contiguous space of 18,850 square feet, making it suitable for a variety of uses. The property boasts 408 parking spaces and four elevators. Its prime location at 2828 N Clark St, Chicago, IL 60657, provides excellent accessibility, situated near major transportation arteries including CTA routes and three 'L' stations, as well as Lake Shore Drive and I-90. The surrounding area features high-density residential and retail, including nearby shadow anchors such as Trader Joe's, Dom's Fresh Market, TJ Maxx, and Target, and is within close proximity to Wrigley Field. The building's history includes a previous life as a vaudeville theatre and later a cinema, showcasing its enduring presence in the community. Currently, the property includes established tenants such as LA Fitness and Landmark Theatres. This presents a unique opportunity for businesses seeking a prominent location in a vibrant and affluent neighborhood.

    Property Features for 2828 Clark St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    175,065 SF
    Class
    A

    Building Details

    Year Built/Renovated
    1920/2000
    Buildings
    1
    Stories
    8

    Unit(s) available at that property

    Space
    219
    Size
    4,702 SF
    Space
    317
    Size
    1,675 SF
    Space
    309–313
    Size
    6,370 SF
    Space
    320
    Size
    1,189 SF
    Space
    325A
    Size
    4,705 SF
    Space
    330
    Size
    4,517 SF
    Space
    211
    Size
    4,424 SF
    Space
    415
    Size
    4,089 SF
    Space
    112
    Size
    432 SF
    Space
    208
    Size
    2,004 SF
    Space
    107–108
    Size
    8,527 SF
    Space
    215
    Size
    1,342 SF
    Space
    002
    Size
    5,947 SF

    HighLights

    • 175,065 SF Class A multi‑tenant property with 49,923 SF of vacant space available for lease.
    • Features 300‑18,850 SF of flexible space suitable for retail, office, medical, entertainment, or educational uses.
    • Recently underwent multi‑million dollar interior and exterior renovations.
    • Located in Chicago's Lincoln Park submarket with high household incomes ($179,000+) and strong foot traffic (Clark St: 11,600 VPD, Diversey Pkwy: 14,500 VPD, N Broadway: 7,400 VPD).
    • Offers 408 parking spaces in an attached garage, a unique amenity for the neighborhood.
    Property Profile Location Intelligence

    Current Use by Public Records

    Krypton VR Lounge Video Arcade Chicago Chiropractor - Dr. ... Chiropractor Hertz - Uber, N. ... Car Rental Agency Real Estate Institute Real Estate School Game Night Out Amusement Center

    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
    -87.64530912
    Latitude
    41.93329617

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    FAQs

    What type of property is this?
    Lifestyle center - Lincoln Park, Class A, 49,923 SF Available
    Where is this lifestyle center located?
    The property is located at 2828 Clark St Chicago, IL.
    What are key features of this property?
    This property features: 175,065 SF Class A multi-tenant property with 49,923 SF of vacant space available for lease.; Features 300-18,850 SF of flexible space suitable for retail, office, medical, entertainment, or educational uses.; Recently underwent multi-million dollar interior and exterior renovations.
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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
    2828 Clark St Chicago, IL 60657
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