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3812 N Clark St
Chicago, IL 60613
Retail Property For Sale
Investment Highlights
- Leased to MedMar Chicago on a net-lease; minimal landlord responsibilities
- Favorable B3-2 zoning, allowing for apartments above the ground floor
- Placed in high traffic corridor of Clark St. which sees approximately 9,426 VPD
- Strong hedge against inflation; 2% annual rental increases
- Ability to convert building to mixed-use with apartments once lease term ends
- Located in an affluent area of Chicago with over 252,267 residents with an average household income of $156,600
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,224 SF
Building Class
C
Year Built
1914
Tenancy
Single
Building Height
2 Stories
Building FAR
1.06
Lot Size
0.07 AC
Zoning
B3-2
Frontage
125’ on Clark St
Amenities
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 14-20-110-032-0000 | Improvements Assessment | $57,000 |
| Land Assessment | $57,000 | Total Assessment | $114,000 |
Property Taxes
Parcel Number
14-20-110-032-0000
Land Assessment
$57,000
Improvements Assessment
$57,000
Total Assessment
$114,000
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