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3347 N Clark St 2,500 SF Retail Condo Unit Offered at $888,000 in Chicago, IL 60657

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INVESTMENT HIGHLIGHTS

  • Rare opportunity to own a, 6.33% CAP, 2,500 SF, prime retail storefront in the heart of an affluent neibourhood - Lakeview.
  • Open layout can suit for various business like restaurants, boba tea shops, coffee shops, medical offices, message stores and nails stores etc.
  • Excellent visibility and foot traffic on a bustling street, with many nearby shops, restaurants, and attractions.
  • Over 3,000 square feet of interior space with an open layout that can be easily customized to suit your needs. 2500 SF plus full basement offers an ab

EXECUTIVE SUMMARY

This 6.33% CAP, 2,500 SF retail condo is located at the heart of Lakeview, one of the city's most sought-after neighborhoods. The unit boasts a prime location, situated at N Clark St & W Roscoe St, one block away from the famous Lakeview 6 corners. It's only a 5-minute walk to the lakeshore and a 6-minute walk to both the Addison train station (Red line and Purple line) and the Belmont train station (Red line, Purple line, and Brown line). Furthermore, it's a 7-minute walking distance to Wrigley Field! The area is surrounded by many famous local restaurants, grocery stores, and a residential community with an average household income of around $130K. Featuring a spacious interior with ample room for customers and staff, this space is perfect for restaurants, boba tea shops, coffee shops, medical offices, and other retail businesses. The high foot traffic location and prime storefront visibility ensure that any business operating here will enjoy a steady stream of customers year-round.

PROPERTY FACTS

Total Building Size 2,500 SF
Property Type Retail (Condo)
Property Subtype Storefront Retail/Residential
Building Class C
Floors 3
Typical Floor Size 833 SF
Year Built 1905
Tenancy Single
Lot Size 0.07 AC
Zoning B - Condominium

1 UNIT AVAILABLE

Unit 1

Unit Size 2,500 SF
Price $888,000
Price Per SF $355.20
Condo Use Retail
Sale Type Investment or Owner User
Cap Rate 6.33%
NOI $56,241
APN/Parcel ID 14-20-419-102-1001
SALE NOTES

The lease will be expired on 12/31/26

Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (86)
Bike Score®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

MAJOR TENANT INFORMATION

TENANT SF OCCUPIED LEASE END DATE
VIP Feet Feel Spa 2,500 SF December 2026

NEARBY MAJOR RETAILERS

Starbucks
Fifth Third Bank
U.S. Bank
BMO
CrossFit
[solidcore]
Intelligentsia Coffee
Giordano's
CorePower Yoga
Chase Bank
  • Listing ID: 28155851

  • Date on Market: 4/6/2023

  • Last Updated:

  • Address: 3347 N Clark St, Chicago, IL 60657

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