3240 N Clark St

Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Renovated 8-unit mixed-use asset in the heart of Lakeview-one of Chicago's most sought-after retail and residential corridor along the Clark Street corridor. This fully occupied asset consists of six renovated 1-bedroom/1-bathroom apartments and two high-visibility commercial storefronts totaling 2,432 SF. The property underwent a comprehensive renovation in 2017, including updated kitchens with granite countertops and SS appliances, plus a full roof replacement (2013) and new gutters/downspouts....Renovated 8-unit mixed-use asset in the heart of Lakeview-one of Chicago's most sought-after retail and residential corridor along the Clark Street corridor. This fully occupied asset consists of six renovated 1-bedroom/1-bathroom apartments and two high-visibility commercial storefronts totaling 2,432 SF. The property underwent a comprehensive renovation in 2017, including updated kitchens with granite countertops and SS appliances, plus a full roof replacement (2013) and new gutters/downspouts. Significant 2022 exterior upgrades include new face brick and modern commercial storefront windows. Designed for operational efficiency, all units feature individual central HVAC and are separately metered for gas and electric. With four rear parking spaces and a prime location just steps from the Belmont CTA station, this property offers both immediate stability and a clear path to a $126,800 pro-forma NOI through market rent adjustments.
  1. Listed by Matthew Fritzshall • Triton Realty Group LLC
    P: (847)-778-8746 mfritzshall@yahoo.com
  2. Listed by Harrison Cohen • Triton Realty Group LLC
    P: (847)-624-6639 C: (847)-624-6639 harrison@tritonrealtygroup.com

Property Details for 3240 North Clark Street

Area
CHI - Lake View
Township
Lake View
Air Conditioning Type
Central Individual
LISTING UPDATED: 04/25/2026 12:46 PM

Property Details for 3240 North Clark Street

StatusActive
MLS #12580703
Days on Market92
Taxes$28,872 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMixed Use
MLS TypeCommercial Sale
Year Built1898
Lot Size0.09 AC / 3,750 SF
CountyCook County

Location

Listing Courtesy of Triton Realty Group LLC
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Building Information for 3240 North Clark Street

Stories3Residences8Year Built1898Lot Size0.09 AC / 3,750 SF

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Property Information for 3240 North Clark Street

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Chicago North
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Individual
  • Electric: Separate Meters
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air
  • # Of Refrigerators: 6
  • # Of Dishwashers: 6
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 6
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning, Electricity, Heat, Insurance
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 25x150
  • Lot Size Square Feet: 3750.0
  • Stories: 3
  • Exterior Building Type: Brick, Vinyl Siding
  • Construction: Brick, Vinyl Siding
  • Fire Protection: Alarm On Site
  • Roof Structure: Flat
  • # Of Offices: 0
  • Retail SqFt: 2432
  • # Of Ranges: 6
  • # Of Stores: 2
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2026-04-09T20:04:04
  • Photos Count: 10
Miscellaneous
  • Location: Central Business District,Public Transport Avail,In City Limits
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Income & Expenses
  • Electric Expense: $600.00
  • Fuel Expense: $900.00
  • Gross Income: $159,876.00
  • Gross Scheduled Income: $164,233.00
  • Insurance Expense: $6,033.00
  • Total Annual Expense Source: Combination
  • Total Monthly Income: 13323
  • Net Operating Income: $99,889.00
  • Operating Expense: $58,509.00
  • Other Expense: $18,122.00
  • Trash Expense: $2,253.00
  • Water Sewer Expense: $1,729.00

Property History for 3240 North Clark Street

DateEvent & SourcePriceAppreciation
Apr 9, 2026

Price Change

MRED #12580703

$1,745,000
Mar 2, 2026

Listed (Active)

MRED #12580703

$1,800,000
May 14, 2019

Cancelled

MRED #10369995

$1,750,000
DateEvent & SourcePrice
04/09/2026

Price Change

MRED #12580703

$1,745,000
03/02/2026

Listed (Active)

MRED #12580703

$1,800,000
05/14/2019

Cancelled

MRED #10369995

$1,750,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3240 North Clark Street

Taxable ValueLand$26,250Additions$127,550Total$153,800
Tax Record2023$30,157 ($2,513 / month)
Home Facts
Baths2Total Finished SqFt4,026 SqFtAbove Grade Finished SqFt4,026 SqFtStories3Lot Size3,750 SqFtStyleStoresYear Built1894CountyCOOKAPN14-20-426-031

Schools near 3240 North Clark Street

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 7 to 12
Public - 9 to 12
Rating
School
Distance
Nettelhorst Elementary School
PublicPK to 8

Lake View High School
Public9 to 12

Art in Motion Charter School
Charter7 to 12

York Alternative High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3240 North Clark Street is a mixed use property for sale in Chicago, IL 60657. This property was listed for sale on March 2, 2026 by Triton Realty Group LLC, it's currently listed at $1,745,000. It has been on the market for a total of 92 days and was last sold on July 26, 2017. This listing's school district is Chicago Public Schools. Nearby schools include Nettelhorst Elementary School, Lake View High School and Art in Motion Charter School. 3240 North Clark Street is a 0-bed, 0-bath, mixed use property built in 1898.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Triton Realty Group LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 04/25/2026 12:46 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.