Greenstone Partners, as the Exclusive Investment Advisor, is pleased to present the opportunity to acquire the 100% fee-simple interest in 2471-2479 N. Clark Street (the “Property”), a ±4,350 square foot two-tenant corner retail building covering ±5,208 square feet of land along Clark Street, a historically dense retail corridor with high barriers for entry. The Property is prominently located in Chicago’s affluent and vibrant Lincoln Park neighborhood and is 100% occupied by Steve Quick Jeweler and Restore Hyper Wellness (225+ locations nationwide).

Steve Quick Jeweler has been operating since 1986 and at the Property since 1999 and signed a new 5-year lease that commenced in March 2023. Restore Hyper Wellness entered a new 10-year lease, which commenced in November 2023 after extensive renovation and upgrades to the premises. Both tenants operate under NNN leases, reimbursing for their pro-rata share of real estate taxes and operating expenses, and include 2.50% annual rental increases.

The Property is located two blocks north of the Clark and Fullerton intersection, with exposure to 28,800 vehicles daily, respectively. Clark Street serves as one of Lincoln Park’s main retail corridors, featuring a plethora of local businesses and an abundance of national tenants including Target, Trader Joe’s, Walgreens, Starbucks, Urban Outfitters, T.J. Maxx, Bluemercury, Banana Republic, J. Crew, New Balance, McDonald’s, 7-Eleven, Foxtrot, and many more. The Property is one block from the eponymous Lincoln Park and ½ mile from the sand along Lake Michigan.

According to IRS data, the 60614-zip code ranks #1 in Illinois by total adjusted gross income. Within 1-mile of the Property, demographics include a population of 80,658, an average household income of $133,513, and a median home value of $507,983.