3824 N CLARK Street Chicago, IL $ 1,498,000
3824 N CLARK Street
$ 1,498,000
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3824 N CLARK Street

Chicago, IL, 60613
$ 1,498,000
Bedrooms-- Baths-- Sq 4,686

Monthly Estimate*

$ 9,346

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Commercial Property for sale in Chicago, IL

for $1,498,000. This 4,686 square foot building was built in 1903 on a lot size of 0.07174.

Prime Location in Wrigleyville! This stunning mixed-use building at 3824 N Clark Street, Chicago, offers an exceptional opportunity for investors that is producing amazing cash flows with a 7% Cap Rate. Situated in the heart of a lively neighborhood, this property features a ground floor commercial unit, a basement storage unit and two beautifully renovated 3-bedroom, 2-bath residential units with modern amenities including stainless steel appliances, granite countertops, hardwood floors, and in-unit laundry. The building also boasts central air, a large rear porch, and updated electrical and plumbing systems. The property is 100% leased and the two residential units are leased to an Airbnb management company. Additional revenue sources in place with a leased billboard and Spot Hero parking spaces in the rear. Located just a few blocks away from the Red Line El train and a short walk to Wrigley Field, this location is perfect for those seeking vibrant city living with excellent transit options. Don't miss out on this rare chance to own a piece of prime real estate in one of Chicago's most sought-after areas.

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Commercial Contingent

Price

$ 1,498,000

Property Type

Commercial

Taxes

$ 24,744

Style

Lot Size

0.07174

Year Built

1903

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12358253

Features
General
Cooling Central Air
Possession Closing
Roof Rubber
Zoning COMMR
Construction Materials Brick Steel Siding
Year Built 1903
Electric Circuit Breakers Service - 101 to 200 Amps
Tenant Pays Air Conditioning Electricity Heat
Stories Count 3
Township Lake View
Tax Year 2023
Gross Income 143238
County Cook
Net Operating Income 109282
Operating Expense 33410
Insurance Expense 1902
Property Type Commercial Sale Mixed Use
Contingency Attorney/Inspection
Possible Use Commercial Multi-Family Retail
Status Contingent
Directions IRVING PARK to Clark South on Clark to Property.
City Chicago
Number Of Units Total 4
MLS Area CHI - Lake View
Lot Size Square Feet 3125
Tax Annual Amount 24744
Electric Expense 887
Fuel Expense 766
Trash Expense 234
Water Sewer Expense 2612
Additional Parcels Y/N N
Standard Status Active Under Contract
Cap Rate 6.87
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Interior
Flooring Wood
Total Fireplaces 2
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Exterior
Foundation Details Brick/Mortar
Building Area Total 4686
Lot Dimensions 25X125
Frontage Type City Street
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* Excluded Features
List By
Compass

Broker

mikus.kins@compass.com

Email

Affordability Calculator

$11,408
Per Month
82%
18%
0%
Monthly Principal & Interest
$9,346
Monthly Property Taxes
$2,062
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
5/6/2025$1,498,000 Listed Price

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3824 N CLARK Street, Chicago, IL, 60613 is a Commercial Property for sale at $1,498,000 with 4,686 sqft and a lot size of 0.07174. 3824 N CLARK Street was built in 1903. The property's zip code is 60613 which is in Chicago, IL