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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



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
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)
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 14-20-110-028-0000 | Total Assessment | $173,718 CAD |
| Land Assessment | $81,430 CAD | Annual Taxes | $34,541 CAD ($6.40 CAD/SF) |
| Improvements Assessment | $92,288 CAD | Tax Year | 2024 Payable 2024 |
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
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3824 N Clark St
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