Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 2012
Building Area Net

Asset Description

Jones Lang LaSalle Americas (Illinois), L.P. ("JLL"), as sole and exclusive agent, has been retained to offer for sale to qualified investors the opportunity to acquire fee simple interest in a premier real estate portfolio located at 3123 & 3130-3142 N. Clybourn Ave in Chicago, Illinois (“the Portfolio”).

 

The Portfolio is an infill development and adaptive reuse opportunity in one of the most desirable areas in the city of Chicago for young families and professionals to live, work and play. The building at 3123 N Clybourn is currently improved as a 19,394 square foot office building originally built in 1981 and most recently renovated in 2012 on a 12,500 square foot site. 3130 N Clybourn is a 6,858 square foot building on 3,125 square feet of land.  In addition to the two buildings, the Portfolio includes 18,138 square feet of excess land currently utilized for parking. 

 

The current zoning is split between C1-2 and C1-3 designation within the Neighborhood Commercial District. The existing buildings at 3123 & 3130 N Clybourn are zoned C1-2 and the parking lots are entitled C1-3 with a 3.0 FAR. 

Investment Highlights

  • Desirable Lakeview Demographics
  • Walkability
  • Adaptive Reuse Potential
  • Favorable As-of-Right Zoning
Last Updated Date: 30 Sep 2021

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Last Updated Date: 30 Sep 2021

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