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$ 1,548,000
Est. payment /mo
Price Dropped by $50K
3824 N CLARK ST Chicago, IL 60613
4,686 SqFt
UPDATED:
11/10/2024 06:07 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,686 sqft
Price per Sqft $330
MLS Listing ID 12143382
Year Built 1903
Annual Tax Amount $24,744
Tax Year 2023
Lot Dimensions 25X125
Property Description
Prime Location in Wrigleyville! This stunning mixed-use building at 3824 N Clark Street, Chicago, offers an exceptional opportunity for investors that is producing amazing cash flows with a 7% Cap Rate. Situated in the heart of a lively neighborhood, this property features a ground floor commercial unit, a basement storage unit and two beautifully renovated 3-bedroom, 2-bath residential units with modern amenities including stainless steel appliances, granite countertops, hardwood floors, and in-unit laundry. The building also boasts central air, a large rear porch, and updated electrical and plumbing systems. The property is 100% leased and the two residential units are leased to an Airbnb management company. Additional revenue sources in place with a leased billboard and Spot Hero parking spaces in the rear. Located just a few blocks away from the Red Line El train and a short walk to Wrigley Field, this location is perfect for those seeking vibrant city living with excellent transit options. Don't miss out on this rare chance to own a piece of prime real estate in one of Chicago's most sought-after areas.
Location
State IL
County Cook
Area Chi - Lake View
Zoning COMMR
Interior
Cooling Central Air
Flooring Wood
Fireplaces Number 2
Fireplace Y
Exterior
Roof Type Rubber
Building
Dwelling Type Mixed Use
Level or Stories 3
Structure Type Brick,Steel Siding
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Mikus Kins • Be Realty, LLC