1645 N Clybourn Ave Listing Details & Market Data

1645 North Clybourn Avenue, Chicago, IL 60614

  • 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 Feb 29, 2024
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% existing cap rate and the potential for a 7% easy pro forma 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.

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Highlights

  • 6% existing cap building with excellent condition in the best neighborhood of Chicago, 7% easy pro forma cap.
  • A sizeable building out basement with a bathroom and an office space can be value added.
  • The retail business is eager to renew another 5-year lease.

Contacts

broker

Tony Liu

YOUMU Ventures

(312) 888-5486

Location

Getting Around

  • Walk Score ®

    Walker's Paradise (96)

  • Bike Score ®

    Very Bikeable (86)
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood Ranch Triangle
  • Zip Code 60614
  • Market Chicago

Points of Interest

  • North/Clybourn

    0.13 miles

  • Armitage

    0.44 miles

  • Sedgwick

    0.62 miles

  • Fullerton

    0.91 miles

  • Clybourn

    0.96 miles

  • Division

    1.04 miles

  • Clark/Division

    1.11 miles

  • Chicago

    1.12 miles

  • Chicago

    1.33 miles

  • Damen

    1.40 miles

  • Tesla Supercharger

    0.34 miles

  • BP

    0.63 miles

  • BP

    0.83 miles

  • Shell

    0.86 miles

  • BP

    0.92 miles

  • Shell

    0.92 miles

  • Mobil

    0.97 miles

  • Shell

    1.19 miles

  • eVgo

    1.23 miles

  • Shell

    1.25 miles

  • Steppenwolf Garage

    0.10 miles

  • Moody Church Parking Lot

    0.88 miles

  • 1628 W Division

    1.09 miles

  • Park Lincoln Garage

    1.14 miles

  • East Lot

    1.29 miles

  • North Avenue Beach

    1.31 miles

  • Public Parking

    1.53 miles

  • Ohio Public Parking

    1.56 miles

  • Mid City Parking Lot

    1.57 miles

  • Orleans-Hubbard Self Park

    1.68 miles

  • Potbelly

    0.04 miles

  • Sweetgreen

    0.04 miles

  • Uncle Julio's

    0.10 miles

  • Balena

    0.13 miles

  • Dawali Mediterranean Kitchen

    0.13 miles

  • Subway

    0.13 miles

  • Circle Sushi & Grill

    0.14 miles

  • Jaimito's Burritos

    0.15 miles

  • Vinci

    0.16 miles

  • Burger Bar Chicago - Lincoln Park

    0.16 miles

  • Newberry Elementary Math & Science Academy

    0.27 miles

  • British School of Chicago

    0.32 miles

  • Old Town School of Folk Music

    0.41 miles

  • Saint Theresa School

    0.42 miles

  • Arnold School

    0.52 miles

  • Saint Michael Central High School

    0.53 miles

  • Lincoln Park High School

    0.55 miles

  • Skinner North Classical School

    0.55 miles

  • Saint James Lutheran School

    0.56 miles

  • Manierre Elementary School

    0.62 miles

  • Cornerstone Children's Learning Center

    1.08 miles

  • North Avenue Day Nursery

    1.41 miles

  • Bright Horizons

    2.44 miles

  • Rainforest Pre-School & Infant Center

    2.56 miles

  • Adams Street Child Care Center

    2.67 miles

  • La Escualita Daycare

    3.01 miles

  • Taylor Tots

    3.03 miles

  • Little Bird Prep

    3.10 miles

  • Diversey Day Care

    3.21 miles

  • Kids' Work Chicago Too

    3.28 miles

Contact Listing Broker

broker

Tony Liu

YOUMU Ventures

(312) 888-5486