Mixed-Use
2525 North Clark Street
2525 N Clark St, Chicago, IL 60614
Listing Price: $5,100,000
Investment Overview
INVESTMENT OVERVIEW
Marcus & Millichap is pleased to exclusively present the opportunity to acquire 2525 N Clark Street, a highly desirable mixed-use asset located in the heart of Chicago’s prestigious Lincoln Park neighborhood. This prime investment consists of 12 multifamily units and three commercial storefronts, totaling 7,851 rentable square feet across 9,028 gross square feet, situated along one of the most visible and trafficked corridors on the North Side.
The property is offered at $5,100,000. In-place operations support a Year One cap rate of 6.59 percent, with a Year Two cap rate of 6.96 percent, offering both immediate cash flow and upside potential through operational improvements and leveling rents to what’s already being achieved.
LOCATION OVERVIEW
Located on Clark Street, just north of Fullerton Avenue, the property benefits from its positioning in one of Chicago’s most affluent and established submarkets. Lincoln Park boasts exceptional demographic strength, strong rental demand, walkability, and proximity to DePaul University, Lake Michigan, the Lincoln Park Zoo, and premier dining and retail corridors. The area consistently ranks as one of the most stable and high-performing rental markets in the city, with high barriers to entry and limited inventory turnover.
Investment Highlights
- TROPHY LINCOLN PARK LOCATION Positioned in one of Chicago's most sought-after neighborhoods, surrounded by Class A retail, residential, and institutional anchors.
- RENT UPSIDE: Lincoln Park remains a top performer in Chicago's multifamily landscape, benefiting from low vacancy, consistent rent growth, and institutional buyer interest.
- The asset features 12 well-maintained residential apartments and three ground-floor commercial units, offering a balanced income stream and long-term stability. The retail is anchored by Starbucks.
- Walk-up configuration with all residential units above grade, minimizing capital exposure and maximizing long-term durability.
Exclusively Listed By
Listing Price: $5,100,000
Investment Highlights
- TROPHY LINCOLN PARK LOCATION Positioned in one of Chicago's most sought-after neighborhoods, surrounded by Class A retail, residential, and institutional anchors.
- RENT UPSIDE: Lincoln Park remains a top performer in Chicago's multifamily landscape, benefiting from low vacancy, consistent rent growth, and institutional buyer interest.
- The asset features 12 well-maintained residential apartments and three ground-floor commercial units, offering a balanced income stream and long-term stability. The retail is anchored by Starbucks.
- Walk-up configuration with all residential units above grade, minimizing capital exposure and maximizing long-term durability.
Investment Overview
INVESTMENT OVERVIEW Marcus & Millichap is pleased to exclusively present the opportunity to acquire 2525 N Clark Street, a highly desirable mixed-use asset located in the heart of Chicago’s prestigious Lincoln Park neighborhood. This prime investment consists of 12 multifamily units and three commercial storefronts, totaling 7,851 rentable square feet across 9,028 gross square feet, situated along one of the most visible and trafficked corridors on the North Side. The property is offered at $5,100,000. In-place operations support a Year One cap rate of 6.59 percent, with a Year Two cap rate of 6.96 percent, offering both immediate cash flow and upside potential through operational improvements and leveling rents to what’s already being achieved. LOCATION OVERVIEW Located on Clark Street, just north of Fullerton Avenue, the property benefits from its positioning in one of Chicago’s most affluent and established submarkets. Lincoln Park boasts exceptional demographic strength, strong rental demand, walkability, and proximity to DePaul University, Lake Michigan, the Lincoln Park Zoo, and premier dining and retail corridors. The area consistently ranks as one of the most stable and high-performing rental markets in the city, with high barriers to entry and limited inventory turnover.
Exclusively Listed By

