2346 Clark Street, Chicago, 60614

REDUCED 2% REDUCED 2% $1,749,000 - Retail/Stores For Sale

$1,749,000

Beds
Baths
3,500Sqft
1900Built
MLS® #: 10521625
Active

Great investment opportunity in the heart of Lincoln Park, one of Chicago's most desirable neighborhoods. Excellent future mixed-use development opportunity with five (5) years of solid income during the hold period. This single-story, single-tenant building is currently leased to a well-established daycare/preschool operator currently in their final year of a 5-year term while recently exercising their 5-year option to extend effective November 1, 2019. Net Operating Income as of November 1, 2019 is $101,430 with 3% annual rent escalations thereafter.

Additional Information: This property is located in the CHI - Lincoln Park neighborhood, IL. This bedrooms retail/stores property is priced at $499.7/sqft.

Price & Status History

Date Details
Status Changed from Re-activated to Active
Status Changed from Contingent to Re-activated
Status Changed from Active to Contingent
Status Changed from Price Change to Active
Status Changed from Active to Price Change
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Essential Information

MLS® #: 10521625
Price: $1,749,000
Taxes: $47,307
Square Footage: 3,500
Acres: 0.00
Year Built: 1900
Type: Commercial
Sub-Type: Retail/Stores
Status: Active

Community Information

Address: 2346 Clark Street
Area: CHI - Lincoln Park
City: Chicago
County: Cook
State: IL
Zip Code: 60614

Amenities

Parking Spaces: 2

Interior

Heating: Central Heat/Indiv Controls, Forced Air
Cooling: Central Air
Stories: 1

Additional Information

Zoning: COMMR

Listing Details

Listing Office: Jameson Commercial

Financials

$/SqFt: $500

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Listing information last updated on June 5th, 2020 at 4:06pm CDT.