Hi There! Is this Your First Time?

Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Check out our how-to page for more info.

  • Price$1,749,000
  • Sq. Ft.3,500
  • Built1900

2346 Clark Street, Chicago

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
  • Square Footage3,500
  • Acres0.00
  • Year Built1900
  • TypeCommercial
  • Sub-TypeRetail/Stores
  • StatusContingent
  • Property Taxes$47,307

Amenities

  • Parking Spaces2

Additional Information

  • ZoningCOMMR

Listing Details

  • Listing OfficeJameson Commercial

Community Information

  • Address2346 Clark Street
  • AreaCHI - Lincoln Park
  • CityChicago
  • CountyCook
  • StateIL
  • Zip Code60614

Interior

  • HeatingCentral Heat/Indiv Controls, Forced Air
  • CoolingCentral Air
  • Stories1

Additional Information

  • ZoningCOMMR

Price Change History for 2346 Clark Street, Chicago, IL (MLS® #10521625)

Date Details Change
Status Changed from Active to Contingent
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Reduced from $1,790,000 to $1,749,000 $41,000 (2.29%)
Status Changed from New to Active