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$1,800,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • Updated 18 hours ago
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Renovated 8-unit mixed-use asset in the heart of Lakeview-one of Chicago's most sought-after retail and residential corridor along the Clark Street corridor. This fully occupied asset consists of six renovated 1-bedroom/1-bathroom apartments and two high-visibility commercial storefronts totaling 2,432 SF. The property underwent a comprehensive renovation in 2017, including updated kitchens with granite countertops and SS appliances, plus a full roof replacement (2013) and new gutters/downspouts. Significant 2022 exterior upgrades include new face brick and modern commercial storefront windows. Designed for operational efficiency, all units feature individual central HVAC and are separately metered for gas and electric. With four rear parking spaces and a prime location just steps from the Belmont CTA station, this property offers both immediate stability and a clear path to a pro-forma yield through market rent adjustments.

Full Property Details for 3240 N Clark St

General

  • Price: $1,800,000
  • Taxes: $28,872 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12580703
  • Updated: 3/2/2026
  • Added to Site: 1 day(s) ago

Additional Information

  • Security/Safety: Alarm on Site

Location

  • Area: CHI - Lake View
  • County: Cook
  • Township: Lake View
  • Driving Directions: Property located just north of Clark & Belmont on the West side of N Clark St.
  • Location Details: Chicago North, Central Business District, Public Transport Avail, In City Limits

Heating & Cooling

  • Cooling Type: Central Individual
  • Heating Type: Central Heat/Individual Controls, Forced Air

Utilities

  • Trash: 2253

Structural Information

  • Construction: Brick, Vinyl Siding
  • Exterior Const.: Brick, Vinyl Siding
  • Stories/Levels: 3
  • # of Stores: 2
  • Year Built: 1894
  • Built Before 1978: Yes

Unit Information

  • Units w/Refrigerators: 6
  • Units w/Range/Oven: 6

Lot Features

  • Lot Size (Sq. Ft.): 3,750
  • Lot Dimensions: 25 x 150
  • Frontage: City Street

Financial Considerations

  • Lease Price: $27
  • Insurance Fee: $6,033
  • Operating Expenses: $58,509
  • Other Fee: $18,122
  • Security Deposit: Alarm On Site
  • Assessment Year: 1894
  • Tax Amount: $28,872
  • Tax Year: 2024
  • Tenant Pays: Air Conditioning, Electricity, Heat, Insurance
  • Pays Electric: 600
  • Pays Trash: 2253

Disclosures and Reports

  • Property ID: 14204260310000

Listed by Triton Realty Group LLC

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Listing agents

— 3240 N Clark St —

  • Triton Realty Group LLC

  • Triton Realty Group LLC

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 3240 N Clark St

School District:Chicago Public School District 299
NameGradesDistance
Nettelhorst Elementary School
3252 North Broadway, Chicago, IL 60657
PK-80.4 mi
Lake View High School
4015 North Ashland Avenue, Chicago, IL 60613
9-121.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3240 N Clark St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/02/2026
Listed
$1,800,000
20.93%
MLS
7/24/2017
Sold
$1,488,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3240 N Clark St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$30,157
3%
$137,997
—
2022
$29,392
2%
$137,997
—
2021
$28,786
27%
$137,997
40%
2020
$22,700
5%
$98,343
-6%
2019
$21,692
2%
$104,187
—
2018
$21,339
12%
$104,187
21%
2017
$19,117
8%
$85,864
—
2016
$17,768
9%
$85,864
—
2015
$16,252
90%
$85,864
92%
2014
$8,568
14%
$44,617
12%
2013
$7,529
-39%
$39,933
-40%
2012
$12,396
—
$66,571
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Triton Realty Group LLC

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3240 N Clark Street, Chicago, IL 60657 (MLS# 12580703) is a Commercial property. 3240 N Clark Street is currently listed for $1,800,000 and was received on March 02, 2026. Want to learn more about 3240 N Clark Street? Do you have questions about finding other Commercial real estate for sale in LakeView? You can browse all LakeView real estate or contact a Coldwell Banker agent to request more information.

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