3240 N. Clark

3240 N Clark St, Chicago, IL 60657

Property Information

  • For Sale $1,745,000
  • Property Type Multi-Family
  • Property Size 6,032 SF
  • Units 8
  • Lot Size 0.09 Acre
  • Parking Spaces Avail. 4
  • Year Built 1898
  • Year Renovated 2017
  • Date Updated May 12, 2026

Description

Lakeview is one of Chicago’s most prominent and established neighborhoods, located approximately six miles north of the Loop and along the western edge of Lake Michigan. Its proximity to downtown, strong public transit infrastructure, and vibrant commercial corridors have driven long-term residential and retail demand, making Lakeview a premier destination for both residents and businesses. Anchored by Wrigley Field, the neighborhood offers a dynamic mix of restaurants, boutiques, nightlife, and locally owned businesses that contribute to its energetic and highly walkable environment. The neighborhood is composed of several well-known submarkets, including Lakeview East, Wrigleyville, and the Southport Corridor, each offering a distinct blend of dining, shopping, and entertainment. Lakeview is also recognized as a cultural hub, home to numerous theaters, live music venues, comedy clubs, and independent bookstores, as well as easy access to the lakefront, parks, and recreational trails. Excellent transportation connectivity further enhances the area’s appeal, with multiple CTA train lines and bus routes serving the neighborhood, along with convenient access to Lake Shore Drive. Within this broader landscape, 3240 N. Clark Street is ideally positioned along one of Lakeview’s most active commercial corridors, benefiting from consistent foot traffic and strong visibility. The property is located steps from the Belmont CTA Station, which serves the Red, Brown, and Purple Lines, and is further supported by several CTA bus routes along Clark Street, Belmont Avenue, and Halsted Street. Situated between Lincoln Park, Lakeview East, and Wrigleyville, the property is surrounded by some of Chicago’s most desirable residential and entertainment districts, reinforcing its long-term viability as a mixed-use investment embedded within one of the city’s most dynamic North Side neighborhoods.

Highlights

  • Fully Occupied & Renovated Mixed-Use Asset: Includes six (6) updated 1-bed / 1-bath apartments and two commercial spaces totaling 2,432 SF, providing a stabilized and diversified income stream.
  • Operational Efficiency & Value-Add Upside: Features separate tenant-paid utilities, four rear parking spaces, and a clear path to increased revenue by bringing rents to market levels.
  • Prime Lakeview Location with Recent Upgrades: Situated steps from the Belmont CTA on the high-traffic Clark Street corridor, this asset features a 2017 rehab and 2022 masonry and storefront improvements.

Contacts

Matthew Fritzshall

Triton Realty Group

Location

Located at 3240 N Clark St, Chicago, IL 60657, this property is part of the Lakeview neighborhood and Chicago market.

Contact Listing Broker
Matthew Fritzshall

Triton Realty Group

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