3824 North Clark Street

Chicago, IL 60613

$1,598,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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.
  1. Listed by Mikus Kins • Be Realty, LLC
  2. Listed by Andrew Wendt • Be Realty, LLC

Property Details for 3824 North Clark Street

Area
CHI - Lake View
Township
Lake View
Num of Interior Fireplaces
2
Zoning
COMMR
LISTING UPDATED: 09/18/2024 03:52 PM

Property Details for 3824 North Clark Street

StatusActive
MLS #12143382
Days on Market31
Taxes$24,744 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1903
Lot Size0.07 AC / 3,125 SF
CountyCook County

Building Information for 3824 North Clark Street

Stories3Residences4Year Built1903Lot Size0.07 AC / 3,125 SF

Property Information for 3824 North Clark Street

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Chicago North
  • Information: List Broker Must Accompany,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers, Service - 101 to 200 Amps
  • Flooring: Wood
  • # Of Washers: 2
  • Heat/Ventilation: Central Heat/Indiv Controls
  • # Of Refrigerators: 2
  • Misc Inside: Skylight/s,Basement
  • # Of Dryers: 2
  • # Of Disposals: 2
  • # Of Dishwashers: 2
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
  • Water Drainage: Storm Sewers
  • Misc Outside: Balcony/ies
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 25X125
  • Lot Size Square Feet: 3125.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick, Steel Siding
  • Roof Type: Rubber
  • Fire Protection: Alarm Monitored,Alarm On Site
  • Roof Structure: Flat
  • Foundation Details: Brick/Mortar
  • Building Area Total: 4686
  • # Of Offices: 1
  • # Of Ranges: 2
  • # Of Stores: 1
  • Property Sub Type: Apts/Ofc/Store, Apts/Stores
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Commercial, Condominium, Multi-Family, Retail
  • Buyer Financing: Conventional
  • Public Document Count: 2
  • Document Date: 2024-09-18T20:50:53
  • Photos Count: 16
Miscellaneous
  • Location: Mixed Use Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Electric Expense: $887.00
  • Fuel Expense: $766.00
  • Gross Income: $143,238.00
  • Gross Scheduled Income: $143,238.00
  • Insurance Expense: $1,902.00
  • Electric Expense Source: Actual
  • Expense Year: 2024
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Other Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 11937
  • Water Expense Source: Actual
  • Net Operating Income: $109,282.00
  • Operating Expense: $33,410.00
  • Other Expense: $2,265.00
  • Trash Expense: $234.00
  • Water Sewer Expense: $2,612.00

Property History for 3824 North Clark Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3824 North Clark Street

Taxable ValueLand$46,875Additions$73,945Total$120,820
Tax Record2022$25,734 ($2,144 / month)
Home Facts
Baths3.5Total Finished SqFt4,686 SqFtAbove Grade Finished SqFt4,686 SqFtStories3Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1905CountyCOOKAPN14-20-110-028

Schools near 3824 North Clark Street

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - K to 8
Rating
School
Distance
Blaine Elementary School
PublicPK to 8

Lake View High School
Public9 to 12

Inter-American Elementary Magnet School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3824 North Clark Street is a mixed use property for sale in Chicago, IL 60613. This property was listed for sale on August 19, 2024 by Be Realty, LLC, it's currently listed at $1,598,000. It has been on the market for a total of 31 days and was last sold on April 4, 2018. This listing's school district is City Of Chicago School District 299. Nearby schools include Blaine Elementary School, Lake View High School and Inter-American Elementary Magnet School. 3824 North Clark Street is a 0-bed, 0-bath, mixed use property built in 1903.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Be Realty, LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 09/18/2024 03:52 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.