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3240 N Clark St
Chicago, IL 60657 Lakeview

$1,800,000 USD

Apartments For Sale  •  4,900 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,032 SF
  • Lot Size 0.09 AC
  • Building Class C
  • Year Built 1894
  • Zoning B3-3
86 Transit Score
97 Walk Score

Highlights

Steps from the Belmont CTA on the high-traffic Clark Street corridor, this asset features a 2017 rehab and 2022 masonry and storefront improvements
Includes six (6) updated 1-bed / 1-bath apartments and two commercial spaces totaling 2,400 SF, providing a stabilized and diversified income stream
Features separate tenant-paid utilities, four rear parking spaces, and a clear path to increased revenue by bringing rents to market levels.

Financial Summary (Proforma)

Net Operating Income: $117,582 USD (2027)
Total Expenses: $59,134 USD

Major Tenants

Tenant SF Occupied Lease End Date
Dragon Health Center 900 SF 6/30/2027
Wicked Plants Chicago 1,532 SF 7/31/2026

Public Transportation

Commuter RailDriveWalkDistance
Ravenswood Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 6 min - 2.6 mi
Clybourn Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 6 min - 2.7 mi
Transit/SubwayDriveWalkDistance
Belmont Station (Brown, Purple, Red Lines) (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L"), Red Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 4 min 0.2 mi
Addison Station (Red Line) (Red Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 10 min 0.5 mi
Wellington Station (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 10 min 0.5 mi
Southport Station (Brown Line - Chicago Transit Authority "L" Trains (The "L")) 3 min 15 min 0.7 mi
Diversey Station (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 15 min 0.8 mi
AirportDriveWalkDistance
Chicago Midway International 30 min - 14.7 mi
Chicago O'Hare International 47 min - 17.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
Matthew Fritzshall 847-778-8746 Triton Realty Group, LLC
Matthew Fritzshall 847-778-8746 Triton Realty Group, LLC