5140 N Clark St - Storefront Retail/Residential FOR SALE


Chicago, IL 60640- Ravenswood
$2,150,000 USD
773-736-3600
5140 N Clark St, Chicago, IL for Sale
$2,150,000 USD
Storefront Retail/Residential - FOR SALE
1/25
null | Request Cap Rate

NEW


5140 N Clark St
Chicago, IL 60640
Ravenswood


HIGHLIGHTS

  • Mixed-use owner/user building in the heart of Andersonville
  • (1) 1,400 SF commercial space - vacant
  • (3) 1,800 SF apartments (3 bed/ 2 bath) - rented
  • Pro-forma gross annual income from rent - $195K

OVERVIEW

4-unit mixed-use building in the heart of Andersonville. Built in 2007, this property is ideal for an owner/user and features a ground-level retail space and three spacious apartments. The ground-level retail space is a vacant 1,400 sq. ft. unit with high ceilings, strong foot traffic, excellent signage visibility, a rear bathroom, and an open layout perfect for a variety of businesses. The three residential units each offer 1,800 sq. ft. of living space, including 3 bedrooms, 2 bathrooms, vaulted ceilings, updated kitchens and baths, hardwood floors, in-unit laundry, gas fireplaces, central HVAC, hot water heaters, and large private decks. Additional features include four parking spaces and separate storage units for each apartment. Located at the bustling Clark & Foster intersection, this property is steps from the popular Hopleaf Bar and surrounded by established restaurants and retailers. With a pro-forma annual gross rental income of $195,000, this high-demand location is a rare chance to own a strong income-generating asset. Don’t miss out—schedule a showing today!

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$363 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1901

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

B3-2

APN/PARCEL ID

14-08-300-017-0000

ASK ABOUT THIS PROPERTY

Craig WolfStrauss RealtyMore Info
773-736-3600

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Craig WolfStrauss RealtyMore Info
773-736-3600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.