The subject investment property (the "Property") is an eight (8) unit mixed-use building located at 3240 N Clark St in the bustling Wrigleyville neighborhood on Chicago's North Side. The Property is exceptionally located at the intersection of Belmont Ave and Clark St. The CTA Belmont 'L' station is located one block to the east.

The Property consists of six (6) 1BR/1BA apartments and 2,432 SF of retail space (1,532 SF above grade). The apartments feature individual furnaces and central HVAC and vary in their condition. Kitchens feature stainless steel appliances, granite countertops, and dishwashers.

The above-grade retail is leased to a popular boutique plant shop at a below-market rate ($1.70 PSF). The Property's previous retail tenant had been paying $2.46 PSF. Additionally, a new lease was recently signed at 3223 N Clark (Noori Chicken) for $3.17 PSF. Thus, there is significant upside for the retail space upon lease roll.

3240 N Clark St presents an excellent opportunity for an investor to purchase a mixed-use building in the heart of Lakeview and implement a value-add strategy to achieve a significant yield-on-cost.