$1,745,000
( )
 $9,368 est/mo Sourced by Back At You

3240 N Clark Street,Chicago, IL 60657

Chicago, IL 60657

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Description

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.

Details

MLS #12580703
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1898
Days On Site206
Listing Provided ByTriton Realty Group LLC | Matthew Fritzshall

Features

Story(s)3
Units8
Acreage0.09

Interior

CoolingCentral Individual

Exterior

Construction MaterialsBrick, Vinyl Siding

Utilities

ElectricSeparate Meters

Taxes

Tax Year2024
Tax Annual Amount28872

Area Information

StateIL
CountyCook
CityChicago
Zip Code60657
AreaCHI Lake View
Listing VS Median (in 60657)
Price:
$1,745,000
low | high
Med:
$349,995
100% of Average
On site:
206
low | high
Med:
52
100% of Average
Sourced by Back At You

Market Activity 60657

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60657
AreaCHI Lake View
Listing VS Median (in 60657)
Price:
$1,745,000
low | high
Med:
$349,995
100% of Average
On site:
206
low | high
Med:
52
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.38M - $2.181M
sqft: 0 - 0
Listing Updated: July 9, 2026 at 12:11:46 PM PDT