- For Sale $1,588,000
- Property Type Multi-Family
- Property Size 5,403 SF
- Units 4
- Lot Size 0.05 Acre
- Property Tenancy Multi-Tenant
- Year Built 1998
- Year Renovated 2020
- Date Updated Mar 31, 2026
Description
North Ave. Red Line L stop half block away
1⁄2 mile to both Kennedy Expressway and
Lake Shore Drive
Bus lines and Divvy stations all aroundThe property at 1645 N Clybourn Ave boasts a 5,403 SF building with 4 units, built in 1998 and renovated in 2020, offering 100% occupancy. Featuring a 6.82% existing cap rate, this property is in excellent condition, located in the sought-after Lincoln Park area of Chicago. It also has a sizeable basement with a bathroom and office space, presenting a valuable opportunity for expansion. Additionally, there is an option for seller financing, making it an even more attractive investment.
Highlights
- 6.82% existing cap building with excellent condition in the best neighborhood of Chicago.
- A sizeable building with a basement, a bathroom, and an office space can be value-added.
- The retail business is eager to renew another 5-year lease.
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Contacts
Tony Liu
YOUMU Ventures
Location
Located at 1645 North Clybourn Avenue, Chicago, IL 60614, this property is part of the Ranch Triangle neighborhood and Chicago market.
Contact Listing Broker
Tony Liu
YOUMU Ventures
