3240 N Clark Street
Chicago, IL, 60657
$1,745,000
Beds
0 Baths
0 SqFt
0 Acres
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MLS #MRD12580703 image #0
Renovated 8-unit mixed-use asset in the heart of Lakeview-one of Chicago’s most sought-after retail and residential corridor along the Clark Street corridor. This fully occupied asset consists of six renovated 1-bedroom/1-bathroom apartments and two high-visibility commercial storefronts totaling 2,457 SF. The property underwent a comprehensive renovation in 2017, including updated kitchens with granite countertops and SS appliances, plus a full roof replacement (2013) and new gutters/downspouts. Significant 2022 exterior upgrades include new face brick and modern commercial storefront windows. Designed for operational efficiency, all units feature individual central HVAC and are separately metered for gas and electric. With four rear parking spaces and a prime location just steps from the Belmont CTA station, this property offers both immediate stability and a clear path to a $126,800 pro-forma NOI through market rent adjustments.

Property Details

Price:
$1,745,000
MLS #:
MRD12580703
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chilakeview
Listed Date:
Mar 2, 2026
Year Built:
1898
Chi – Lake ViewChilakeview

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Schools

Interior

Cooling
Central Individual

Exterior

Construction Materials
Brick, Vinyl Siding
Stories
3

Financial

Net Operating Income
$100,157
Tax Year
2024
Taxes
$28,872

Map

Community

Market Summary

Current real estate data for Commercial in Chicago as of Jun 16, 2026
921
Commercial Listed
187
Avg DOM
$993,327
Avg List Price

Property Summary

    3240 N Clark Street Chicago IL is a Commercial for sale in Chicago, IL, 60657. It is listed for $1,745,000

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