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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.
- MLS® #10521625
- Square Footage3,500
- Year Built1900
- Property Taxes$47,307
- Parking Spaces2
- Listing OfficeJameson Commercial
- Address2346 Clark Street
- AreaCHI - Lincoln Park
- Zip Code60614
- HeatingCentral Heat/Indiv Controls, Forced Air
- CoolingCentral Air
Price Change History for 2346 Clark Street, Chicago, IL (MLS® #10521625)
|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|
|Status Changed from New to Active||–|