Lincoln Park, Clybourn Ave Mixed-Use

Chicago, IL
Size: 68,773 SF
Number of Units: 770
Office/Retail Space: 222,003 SF
1840 N Clybourn Ave was acquired by LSC Development in 2 stages. The self-storage, 5th floor, and 4th floor office component was purchased at a real estate auction in 2014. Two years later the 1st and 2nd floor retail component was acquired. Clybourn Ave property is a mixed-use 316,833 RSF asset in Chicago’s affluent Lincoln Park neighborhood, just east of Lincoln Yards 50 acres development. The building is comprised of retail (Trader Joe’s, Aldi & HomeGoods), self-storage, office, and parking. The self-Storage portion is managed by Extra Space and occupies the entire 3rd floor, portion of the 4th floor, and small 1st floor customer entrance. The entire 5th floor and portion of the 2nd floor are primarily occupied by the office tenants. The remainder of the 2nd floor and majority of the 1st floor are retail. Finally, 151 public parking spaces have been installed on the lower level garage, while additional 90 spaces on the 2nd floor exclusively serve 2nd floor tenants.

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