3248 N Clark Street Chicago, IL $ 2,350,000
3248 N Clark Street
$ 2,350,000
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3248 N Clark Street

Chicago, IL, 60657
$ 2,350,000
Baths0.0

Monthly Estimate*

$ 15,619

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Studio

Commercial Property for sale in Chicago, IL

for $2,350,000. This building was built in 1907 on a lot size of 0.084366.

Rare Find/opportunity In Lakeview/Wrigleyville To Acquire 100% Fee-simple Interest In 3248 N Clark St. ! Only The 2nd Owner In The Building History! Encompassing Two Seperate Building (Back To Back). Also A 25x147 Lot. Featuring 4 Apartments And 1 Massive Fully Built Out Storefront Ground Floor Retail Tenant With Full Dry Basement! Storefront Is Approx 1,600 Sq Ft With The Basement Covering The Entire Foot Print Of The Store. Apartments Are, Front Building: Two-3 Bedroom & 1.1 Baths, Rear Building: 2 Units, One, 2 Bedroom/2 Bath/duplexed Down And One 2 Bedroom/1 Full Bath Duplexed Up! Apartments Have Been Renovated Several Times Over The Years. Storefront Was Expanded & Builtout Approx. 10 Years Ago. Varying Capital Expenditures Over The Years Are In The Hundreds Of Thousands! Building Ownership Presently Occupies Smoke Shop, And Has For Several Years, Is Open To Remaining Or Vacating Upon Sale Of Building. Separate Utilities For All Units Makes This An Ideal Investment! Coin Laundry In Rear Building Provides Extra Income. High-visibility Location With 13,200 Vehicles Per Day And A Walk Score Of 98. Neighboring Retailers Include Target, Starbucks And As Well As Property Being Steps From Wrigley Field Which Includes 40,000 Additional Foot Traffic From Games/Concerts On A Nearly Daily Basis For Half The Year. Easily Accessible To Public Transportation, Steps From #22 Clark Bus Line, 0.2 Miles From Belmont L-station Purple, Brown, And Red Lines, And 0.2 Miles From #152 Addison Red Line Station. 3 Parking Spaces Included In Rear Of Building! B3-3 Zoning!

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Commercial Active

Price

$ 2,350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 30,159

Style

Lot Size

0.084366

Year Built

1907

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11825466

Features
General
Cooling Central Air
Construction Materials Brick
Year Built 1907
Electric Circuit Breakers
Tenant Pays Air Conditioning Electricity Heat
Stories 3
Township Lake View
Property SubType Mixed Use
Tax Year 2021
Gross Income 163800
County Cook
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status Active
Directions CLARK ST NORTH OF BELMONT SOUTH OF SCHOOL TO 3248
City Chicago
NumberOfUnitsTotal 5
MLS Area CHI - Lake View
Lot Size Square Feet 3675
Street Name Clark
Tax Annual Amount 30159
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 312
Standard Status Active
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Exterior
Lot Dimensions 25X147
Frontage Type City Street
Exterior Brick
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Interior
Street Suffix Street
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* Excluded Features
List By
Berkshire Hathaway Homeservices Starck Real Estate

Broker

oazam@starckre.com

Email

Affordability Calculator

$18,132
Per Month
86%
14%
0%
Monthly Principal & Interest
$15,619
Monthly Property Taxes
$2,513
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/7/2023$2,350,000 Listed Price

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3248 N Clark Street, Chicago, IL, 60657 is a Commercial Property for sale at $2,350,000 with a lot size of 0.084366. 3248 N Clark Street is a studio with 0.0 baths and was built in 1907. The property's zip code is 60657 which is in Chicago, IL