2723 North Clark StreetChicago, IL 60614Price: $1,800,000

  • Price: $1,800,000
  • 432 Days on Market
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Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 6,600Square Feet
  • 2006Year Built

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A Very Special Opportunity for a Recent Modern New Rehabbed Property,Nothing to do for Many Years! Building is Fully Rehabbed! 6600 Finished Sq Ft! Deep Building! In one of the best commercial strips in Chicago,long term growth area ; very much a neighborhood feel,a highly desirable commercial location for any purpose. Currently First Floor and Lower Level set-up as Restaurant,rented on a 5 year lease ($9,210/month),top floor is a 3 bed 2 bath + Deck condo-style living,Alcott Elementary (currently rented at $3,800 p/m). Total Monthly Rental Income $13,010,ah and this rent includes 70% of the property taxes and the water bill,paid by tenant. Perfect for a 1031 Buyer,Cash Flor Investment and many future possibilities. Amazing 2020 deal!!

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Listed by Santiago Valdez and Elizabeth Pyle of Compass

Based on information submitted to MRED  as of October 19, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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