For Sale
$1,700,000

2827 Clark StChicago, IL 60657

Five apartments, two commercial spaces, prime location.

Overview

Added:
Feb 3
Days on market:
64
This exceptional mixed-use property, situated at 2827 N Clark Street in Chicago's vibrant Lakeview/Lincoln Park neighborhood, presents a compelling investment opportunity. The 6,800 square foot building boasts five fully renovated and occupied residential apartments, generating immediate rental income. In addition to the residential units, the property includes two commercial spaces. Retail South, a fully built-out former bank, features a full basement. Currently occupied, Retail North is a nail salon operating under a five-year lease, also with a full basement. Both commercial spaces offer significant potential for growth and income. One commercial space is move-in ready and includes two ADA-compliant bathrooms, catering to a wide range of potential tenants. The building's prime location on Clark Street places it within easy walking distance of Diversey Avenue's thriving retail corridor, offering convenient access to national brands and a high volume of foot traffic. This property is ideal for an owner-occupier seeking a blend of residential and commercial income or an investor looking for a strong return on investment in a highly desirable Chicago location. The existing tenants provide a stable income stream, while the vacant commercial space offers immediate opportunities for lease income or owner use.

Property Details for 2827 Clark St

Property type
Square Feet
6,800 SF
Year Built
1930

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.93369
Longitude
-87.64527
2827 Clark St, Chicago, Illinois

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2827 Clark St
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