Listed by Kiser Group
$12,500,000
716 Clark Street
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 30,256
Units 20
Occupancy 100%
Investment Type Stabilized
Multifamily | 20 Units
Marketing description
716 Clark Street offers the opportunity to acquire a stabilized, irreplaceable asset directly across from Northwestern University, one of the most supply-constrained rental markets in the Midwest. The apartments have never experienced a vacancy and collected 100% of rents even during the pandemic, delivering consistent, predictable revenue supported by Northwestern’s student demand and $15 billion endowment.
The large-bedroom unit mix is tailored to student group housing, where new supply remains structurally limited by zoning and construction economics. The property provides durable, recession-resistant income with negligible economic vacancy risk and no traditional lease-up exposure.
Investment highlights
- Adjacent to Northwestern University Campus in Evanston
- 20 Units - 18 Residential + 2 Commercial
- 100% Residential Occupancy
- Two Blocks from CTA Purple Line and Metra
Listing Contacts
Listed by Kiser Group
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