3812 N Clark St - Storefront Retail/Residential FOR SALE


Chicago, IL 60613- Lakeview
$1,800,000 USD
312-343-2683
3812 N Clark St, Chicago, IL for Sale
$1,800,000 USD
Storefront Retail/Residential - FOR SALE
1/9
null | Request Cap Rate

3812 N Clark St
Chicago, IL 60613
Lakeview


HIGHLIGHTS

  • Prime Location Next To Wrigley Field
  • Well Maintained and Good Existing Conditions (Retail / Office)
  • 100% Leased (Triple Net) W/ Various Possibilities after 12/31/26 (Short Term Lease)
  • Favorable B3-2 Zoning
  • Mixed Use Conversion Potential
  • Avg. HH Income of Over $150,000

OVERVIEW

Wrigleyville commercial building for sale at Clark & Grace. The entire building is currently under a triple net lease with MedMar Chicago until 12/31/2026. This immediate cash flow with minimal landlord responsibilities allows a buyer time to formulate a long-term strategy once the lease expires. The building and tenant are currently "dark", however, the tenant is still paying rent, taxes, operating expenses and maintaining the building, per the lease.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$908 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1914

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,125 SF

ZONING

B3-2

APN/PARCEL ID

14-20-110-032-0000

ASK ABOUT THIS PROPERTY

Noah O'NeillStone Real Estate CorporationMore Info
312-343-2683

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Noah O'NeillStone Real Estate CorporationMore Info
312-343-2683

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.