3135 Clybourn AveChicago, IL 60618

Property Details for 3135 Clybourn Ave

Property size (Sq ft)

15,625 SF

Property type

Retail properties

Property subtype

Retail space

Description

This exceptional 15,625-square-foot commercial property at 3135 N Clybourn Ave in Chicago, IL, presents a compelling redevelopment opportunity. Currently configured as a multi-tenant building with an auto shop and storefront, it offers significant potential for various uses. The property is zoned for commercial use and boasts a prime location on busy Clybourn Avenue, surrounded by new multi-family and retail developments. The asking price is $4,200,000, translating to $268.80 per square foot. The existing building comprises one story and includes two units within a single building. Currently, one tenant occupies 9,375 square feet, and the owner occupies 3,125 square feet, operating a dry cleaning business. Tenants pay base rent plus NNN charges. The lease for the current tenants expires May 1, 2025, leaving approximately 0.4 years remaining. Beyond the main building, the property includes a residential apartment and garage used by the current owner, along with ample parking. A 5,000-square-foot parking lot is adjacent to the building, and an additional triangular parking area is located behind it. The 21,875-square-foot lot provides substantial space for expansion or redevelopment. This property is ideal for owner-occupants seeking a versatile space or developers envisioning multi-family or retail projects. The site plan provides further details on the property's layout and potential. This is a rare opportunity to acquire a well-located, sizable commercial property in a rapidly developing area of Chicago.

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.9388

Longitude

-87.6872

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].