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3347 N Clark St
2,500 SF Retail Condo Unit Offered at $888,000 in Chicago, IL 60657
Investment Highlights
- Rare opportunity to own a, 6.33% CAP, 2,500 SF, prime retail storefront in the heart of an affluent neibourhood - Lakeview.
- Open layout can suit for various business like restaurants, boba tea shops, coffee shops, medical offices, message stores and nails stores etc.
- Excellent visibility and foot traffic on a bustling street, with many nearby shops, restaurants, and attractions.
- Over 3,000 square feet of interior space with an open layout that can be easily customized to suit your needs. 2500 SF plus full basement offers an ab
Executive Summary
This 6.33% CAP, 2,500 SF retail condo is located at the heart of Lakeview, one of the city's most sought-after neighborhoods. The unit boasts a prime location, situated at N Clark St & W Roscoe St, one block away from the famous Lakeview 6 corners. It's only a 5-minute walk to the lakeshore and a 6-minute walk to both the Addison train station (Red line and Purple line) and the Belmont train station (Red line, Purple line, and Brown line). Furthermore, it's a 7-minute walking distance to Wrigley Field! The area is surrounded by many famous local restaurants, grocery stores, and a residential community with an average household income of around $130K. Featuring a spacious interior with ample room for customers and staff, this space is perfect for restaurants, boba tea shops, coffee shops, medical offices, and other retail businesses. The high foot traffic location and prime storefront visibility ensure that any business operating here will enjoy a steady stream of customers year-round.
Property Facts
Price | $888,000 | Building Class | C |
Unit Size | 2,500 SF | Floors | 3 |
No. Units | 1 | Typical Floor Size | 833 SF |
Total Building Size | 2,500 SF | Year Built | 1905 |
Property Type | Retail (Condo) | Tenancy | Single |
Property Subtype | Storefront Retail/Residential | Lot Size | 0.07 AC |
Sale Type | Investment or Owner User |
Price | $888,000 |
Unit Size | 2,500 SF |
No. Units | 1 |
Total Building Size | 2,500 SF |
Property Type | Retail (Condo) |
Property Subtype | Storefront Retail/Residential |
Sale Type | Investment or Owner User |
Building Class | C |
Floors | 3 |
Typical Floor Size | 833 SF |
Year Built | 1905 |
Tenancy | Single |
Lot Size | 0.07 AC |
1 Unit Available
Unit 1
Unit Size | 2,500 SF | Sale Type | Investment or Owner User |
Price | $888,000 | Cap Rate | 6.33% |
Price Per SF | $355.20 | NOI | $56,241 |
Condo Use | Retail | APN/Parcel ID | 14-20-419-102-1001 |
Unit Size | 2,500 SF |
Price | $888,000 |
Price Per SF | $355.20 |
Condo Use | Retail |
Sale Type | Investment or Owner User |
Cap Rate | 6.33% |
NOI | $56,241 |
APN/Parcel ID | 14-20-419-102-1001 |
Sale Notes
The lease will be expired on 12/31/26
Major Tenant Information
TENANT | SF OCCUPIED | LEASE END DATE |
---|---|---|
VIP Feet Feel Spa | 2,500 SF | December 2026 |
Nearby Major Retailers
zoning
Zoning Code | B (Condominium) |
B (Condominium) |
Presented by
3347 N Clark St
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