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3824 N Clark St 5,400 SF 100% Leased Retail Building Chicago, IL 60613 $2,091,088 CAD ($387.24 CAD/SF) 7.33% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 100% Leased Hot Wrigleyville 7% Cap Rate Investment Property
  • Additional Income from Billboard and Spot Hero in Place
  • Multi Year Airbnb Business in Place

EXECUTIVE SUMMARY

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.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $172,142 $31.88
Other Income $27,807 $5.15
Vacancy Loss - -
Effective Gross Income $199,949 $37.03
Taxes $34,541 $6.40
Operating Expenses $12,097 $2.24
Total Expenses $46,638 $8.64
Net Operating Income $153,311 $28.39

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $172,142
Annual Per SF $31.88
Other Income (CAD)
Annual $27,807
Annual Per SF $5.15
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $199,949
Annual Per SF $37.03
Taxes (CAD)
Annual $34,541
Annual Per SF $6.40
Operating Expenses (CAD)
Annual $12,097
Annual Per SF $2.24
Total Expenses (CAD)
Annual $46,638
Annual Per SF $8.64
Net Operating Income (CAD)
Annual $153,311
Annual Per SF $28.39

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,400 SF
Building Class
C
Year Built
1902
Price
$2,091,088 CAD
Price Per SF
$387.24 CAD
Cap Rate
7.33%
NOI
$153,311 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.77
Lot Size
0.07 AC
Zoning
B3-2; Chicago - B3-2 Community Shopping District: Shopping centers, large stores, and retail storefronts, often along major streets.
Parking
5 Spaces (0.93 Spaces per 1,000 SF Leased)
Frontage
25’ on Clark St

AMENITIES

  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Cremation Society of Illinois
  • -
  • -
  • $32.99 CAD
  • Modified Gross
  • Oct 2025
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Cremation Society of Illinois - - $32.99 CAD Modified Gross Oct 2025
Walk Score®
Walker's Paradise (90)
Transit Score®
Excellent Transit (79)
Bike Score®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Bank of America
Old National Bank
Starbucks
SoulCycle
StretchLab
Capital One
Fifth Third Bank
Jewel-Osco
Noodles & Company
Chase

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-20-110-028-0000
Land Assessment
$81,430 CAD
Improvements Assessment
$92,288 CAD
Total Assessment
$173,718 CAD
Annual Taxes
$34,541 CAD ($6.40 CAD/SF)
Tax Year
2024 Payable 2024
  • Listing ID: 32896290

  • Date on Market: 2024-08-20

  • Last Updated:

  • Address: 3824 N Clark St, Chicago, IL 60613

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