Investment Overview

Marcus & Millichap is pleased to present this prime mixed-use investment opportunity at 1312 N Clybourn Avenue, located in the heart of Chicago’s vibrant Near North Side. This well-maintained property boasts a diverse unit mix, featuring three one-bedroom apartments, one very spacious three-bedroom apartment, and two commercial spaces. All units are currently leased, with the exception of the rear commercial space along Larrabee Street, which is undergoing renovations. Upon completion, this unit is expected to generate an additional $20,000 to $25,000 in annual income, elevating the property’s proforma cap rate to an impressive 9 percent. This asset offers investors the rare combination of strong in-place cash flow and exceptional growth potential.