3824 N Clark St 5,400 SF 100% Leased Retail Building Chicago, IL 60613 $2,143,503 CAD ($396.95 CAD/SF) 7.33% Cap Rate




INVESTMENT HIGHLIGHTS
- 100% Leased Hot Wrigleyville 7% Cap Rate Investment Property
- Additional Income from Billboard and Spot Hero in Place
- Multi Year Airbnb Business in Place
EXECUTIVE SUMMARY
Prime Location in Wrigleyville! This stunning mixed-use building at 3824 N Clark Street, Chicago, offers an exceptional opportunity for investors that is producing amazing cash flows with a 7+% Cap Rate. Situated in the heart of a lively neighborhood, this property features a ground floor commercial unit, a basement storage unit and two beautifully renovated 3-bedroom, 2-bath residential units with modern amenities including stainless steel appliances, granite countertops, hardwood floors, and in-unit laundry. The building also boasts central air, a large rear porch, and updated electrical and plumbing systems. The property is 100% leased and the two residential units are leased to an Airbnb management company. Additional revenue sources in place with a leased billboard and Spot Hero parking spaces in the rear. Located just a few blocks away from the Red Line El train and a short walk to Wrigley Field, this location is perfect for those seeking vibrant city living with excellent transit options. Don’t miss out on this rare chance to own a piece of prime real estate in one of Chicago’s most sought-after areas.
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
---|---|---|
Gross Rental Income |
$176,457
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$32.68
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Other Income |
$28,504
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$5.28
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Vacancy Loss |
-
![]() |
-
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Effective Gross Income |
$204,961
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$37.96
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Taxes |
$35,406
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$6.56
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Operating Expenses |
$12,400
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$2.30
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Total Expenses |
$47,807
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$8.85
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Net Operating Income |
$157,154
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$29.10
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PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,400 SF
Building Class
C
Year Built
1902
Price
$2,143,503 CAD
Price Per SF
$396.95 CAD
Cap Rate
7.33%
NOI
$157,154 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.77
Lot Size
0.07 AC
Zoning
B3-2; Chicago - B3-2 Community Shopping District: Shopping centers, large stores, and retail storefronts, often along major streets.
Parking
5 Spaces (0.93 Spaces per 1,000 SF Leased)
Frontage
25’ on Clark St
AMENITIES
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Cremation Society of Illinois
- -
- -
- $34.00 CAD
- Modified Gross
- Oct 2025
TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
Cremation Society of Illinois | - | - | $34.00 CAD | Modified Gross | Oct 2025 |
Walk Score®
Walker's Paradise (91)
Transit Score®
Excellent Transit (79)
Bike Score®
Very Bikeable (88)
NEARBY MAJOR RETAILERS










PROPERTY TAXES
Parcel Number | 14-20-110-028-0000 | Total Assessment | $178,887 CAD |
Land Assessment | $83,853 CAD | Annual Taxes | $35,406 CAD ($6.56 CAD/SF) |
Improvements Assessment | $95,034 CAD | Tax Year | 2024 Payable 2024 |