2827 Clark St Chicago, IL 60657

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.