2346 North Clark Street, Chicago

$1,749,000

0 Beds
0 Baths
0 Acres
0 Garages

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
Acres0.00
Year Built1900
TypeCommercial Sale
Sub-TypeRetail/Stores
StatusActive
Community Information
Address2346 North Clark Street
AreaCHI - Lincoln Park
CityChicago
CountyCook
StateIL
Zip Code60614
Amenities
Parking Spaces2
Additional Information
Days on Market331
ZoningCOMMR
Listing Details
OfficeJameson Commercial
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Listing information last updated on August 12th, 2020 at 11:45pm CDT.