2525 North Clark Street Mixed-Use Acquisition

Chicago, Illinois, United States

2525 North Clark Street is a two-story mixed-use property located in Chicago's Lincoln Park neighborhood, featuring 12 residential apartments and three ground-floor commercial storefronts anchored by Starbucks. The property comprises 7,851 rentable square feet across a walk-up residential configuration with all units positioned above grade, built in 1925 and classified as a Class B building. Situated in one of Chicago's strongest retail corridors on the North Side, the asset benefits from high visibility, proximity to DePaul University, Lake Michigan, and the Lincoln Park Zoo, with exceptional walkability scores. The Shiner Group, a Wilmette-based developer and investor, acquired the property in October 2025 for $4.415 million, with plans to maintain current retail tenants while implementing targeted improvements to residential units for enhanced value and continued rent growth.