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2346 Clark Street

Great investment opportunity in the heart of Lincoln Park, one of Chicago's most desirable neighborhoods. Excellent future mixed-use development opportunity with five (5) years of solid income during the hold period. This single-story, single-tenant building is currently leased to a well-established daycare/preschool operator currently in their final year of a 5-year term while recently exercising their 5-year option to extend effective November 1, 2019. Net Operating Income as of November 1, 2019 is $101,430 with 3% annual rent escalations thereafter.

Essential Information

  • MLS® #10521625
  • Price$1,749,000
  • Square Footage3,500
  • Acres0.00
  • Year Built1900
  • TypeCommercial
  • Sub-TypeRetail/Stores
  • StatusActive

Community Information

  • Address2346 Clark Street
  • AreaCHI - Lincoln Park
  • CityChicago
  • CountyCook
  • StateIL
  • Zip Code60614

Amenities

  • Parking Spaces2

Interior

  • CoolingCentral Air
  • Stories1

Heating

Central Heat/Indiv Controls, Forced Air

Additional Information

  • Days on Website262
  • ZoningCOMMR
  • Taxes$47,307

Listing Details

  • OfficeJameson Commercial
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Price Change History for 2346 Clark Street, Chicago, IL (MLS® #10521625)

Date Details Price Change
Active
Re-activated
Contingent
Active
Price Change
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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than @Properties are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Listing information last updated on June 6th, 2020 at 6:35pm CDT.