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3347 N Clark St 2,500 sq ft Retail Unit Offered at £664,251 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 Property Size 2,500 sq ft
Property Type Retail (Unit)
Property Subtype Shopfront Retail / Residential
Costar Property Class C
Floors 3
Typical Floor Size 833 sq ft
Year Built 1905
Tenancy Single
Total Plot Size 0.07 ac
Use Class B - Condominium

1 UNIT AVAILABLE

Unit 1

Unit Size 2,500 sq ft
Price £664,251
Price Per sq ft £265.70
Unit Use Retail
Sale Type Investment or Owner Occupier
Net Initial Yield 6.33%
NOI £42,069.96
APN/Parcel ID 14-20-419-102-1001
SALE NOTES

The lease will be expired on 12/31/26

Walk Score®
Excellent pedestrian access (97)
Transit Score®
Excellent Public Transport (86)
Bike Score®
Good for cycling (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®

MAJOR TENANT INFORMATION

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

NEARBY MAJOR RETAILERS

barre3
Starbucks
Fifth Third Bank
BMO
U.S. Bank
Intelligentsia Coffee
[solidcore]
CrossFit
Giordano's
CorePower Yoga
  • Listing ID: 28155851

  • Date on Market: 06/04/2023

  • Last Updated:

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

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