Chicago, IL 60657 3135 N Clifton Avenue
$2,499,000



18 more


















Presented By: Essex 312, LLC
Home Details
Essex Three-Twelve, LLC. has been exclusively engaged to market for sale 3135 N. Clifton Ave., a multi-family apartment property ideally located in Chicago's highly desirable Lakeview neighborhood. The property, which consists of five (5) large apartments, sits on an extra-wide 36-foot lot, and has a unit mix of three (3) 3 Bd/2 Ba simplex apartments, one (1) 2 Bd/2.5 Ba Coach House, and one (1) 2 Bd/1 Ba Garden. The front building was extensively renovated, and the Coach House was newly constructed, both around the year 2000. Residences feature modern interior finishes, including hardwood flooring, updated kitchens and baths, dishwashers, and central heating and cooling. Building improvements include copper plumbing, updated electrical, and individual hot water tanks. Additional amenities include coin-operated laundry in the front building and in-unit laundry in the Coach House, private balconies, a three-car garage, and three exterior tandem parking spaces. Upside potential can be achieved through targeted unit upgrades and the addition of in-unit laundry in the four front units, driving higher rental revenue and strengthening tenant appeal. Nestled on a quiet tree-lined street, just south of Belmont Avenue, 3135 N. Clifton Ave. places residents in the heart of Lakeview-one of Chicago's premier neighborhoods. The property is surrounded by vibrant retail, fitness studios, salons, and dining along Sheffield and Southport Avenues, with the Belmont and Wellington CTA stations just blocks away. Lake Shore Drive, Diversey Harbor, and other recreational attractions are only a mile east, while Wrigley Field and the neighborhood's dynamic mix of restaurants, boutiques, and entertainment further enhance its unmatched appeal. In addition, the property is located within a highly regarded school district, allowing attendance to Harriet Tubman Elementary School and Lincoln Park High School. Property Owner is a licensed broker in Illinois.
Presented By: Essex 312, LLC
General for 3135 N Clifton Avenue
Additional Parcels Y/NNo
Cap Rate6.19
CityChicago
Construction MaterialsStone
CoolingCentral Individual
CountyCook
Current UseMulti-Family
Directionsfrom N Halsted St & W Belmont Ave, head West on W Belmont Ave and turn left onto Clifton Ave.
Electric Expense881
Fuel Expense1335
Gross Income220800
Insurance Expense4902
MLS AreaCHI - Lake View
MaintenanceExpense2500
ModificationTimestamp2025-11-04T06:07:21.866Z
Net Operating Income154708
Number Of Units Total5
Operating Expense59379
PossessionClosing, Negotiable
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount31911
Tax Year2023
TownshipLake View
Trash Expense2419
Water Sewer Expense2228
Year Built1884
Exterior for 3135 N Clifton Avenue
Building Area Total7975
Frontage TypeCity Street
Lot Dimensions36' x 125'
Additional Details
Price History

SQFT • 7,975