1645 N Clybourn Ave

Investment Overview

The 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.

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.