2358 N. Clybourn Ave
Chicago, IL 60614
$1,653,260
Price
8,000
Sq. Ft.
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2358 N. Clybourn Ave, Chicago, IL 60614 2358 N. Clybourn Ave, Chicago, IL 60614 2358 N. Clybourn Ave, Chicago, IL 60614 2358 N. Clybourn Ave, Chicago, IL 60614 2358 N. Clybourn Ave, Chicago, IL 60614 2358 N. Clybourn Ave, Chicago, IL 60614 2358 N. Clybourn Ave, Chicago, IL 60614

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Executive Summary

CRER (Chicago Real Estate Resources, Inc.)  presents this 100% leased cash flowing mixed-use building.

The retail space is leased for $5,000/ month on a 10-year term with 3 % annual escalations. The building spans 8,000 square feet, situated on a deep lot that provides 7 valuable exterior parking spaces. This property also features an interior staircase leading to the rooftop, where you can explore the possibility of adding a rooftop deck with stunning skyline views. The building is already performing well, and the potential for increased returns becomes even more promising with the addition of cosmetic updates. All units have separate HVAC and in unit laundry.

Property Location

Chicago » 60614 » 2358 N. Clybourn Ave

Property Details

Status Closed
Listing Type For Sale
Property Type Mixed Use
Size 8,000 Sq. Ft.
Price $1,653,260
Residential Unit Mix 3
Commercial Unit Mix 1
Cap Rate 7.43%

Broker Contact

Steven Rapoport, CCIM

Mobile: (847) 863-2707

Office: (773) 327-9300

Email: StevenR@crer.com

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Chicago Property Management Services

CRER Is Expanding Its Property Management Portfolio

At CRER, we pride ourselves on being more than just a Property Management Company. We are partners in your success.
Our commitment is to safeguard your property's value and maximize its income potential. From our Lease Management to Advanced Tenant Screening, we ensure every detail is managed with precision.

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CRER Client

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"As a property owner who has worked with CRER, I've found their approach to multi-family property management both professional and effective, particularly in their responsiveness to maintenance issues and their skill in balancing the needs of owners and tenants."



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