3101 N Clark St
Chicago, IL 60657
Urban CVS Anchored Strip · Retail Property For Sale

3101 North Clark Street is a four tenant urban strip center anchored by a CVS pharmacy with an irreplaceable location positioned in one of the most desirable and dynamic retail corridors of Chicago. The property is situated at the hard corner of North Clark, Halsted and Barry Avenue and has multiple key visibility points with phenomenal access. The property consists of 18,407 square feet on nearly 32,000 square feet of land. The major tenant, CVS pharmacy accounts for 83% of the property income and the existing lease extends for nearly 2.5 years. The current income provides the buyer of this asset the opportunity to explore an upscale retail development or a development focused on a multi-story residential building with a base of retail. There is significant upside to be achieved by maximizing the zoning, scrapping the existing structure and building in this location.