6122 N Clark St - Manufacturing FOR SALE


Chicago, IL 60660
$4,449,000 USD
312-981-2384
6122 N Clark St, Chicago, IL for Sale
$4,449,000 USD
Manufacturing - FOR SALE
1/12
null | Request Cap Rate

6122 N Clark St
Chicago, IL 60660


HIGHLIGHTS

  • Zoned B3-2 Community Shopping District, which allows for a variety of uses
  • Excellent demographics in the trade area – 775,427 residents and average household incomes of $111,323 within a 5-mile radius of the subject property
  • The asset is located near roadways which generate upwards of approximately 42,000 VPD
  • Located approximately 1,400’ from the new $22M Metra station set to be completed Q2 2023
  • Prominent retailers in the direct trade area include Target, Whole Foods, ALDI, CVS, Walgreens, Pet Smart, etc
  • Ideally located in the 3rd largest City in the U.S. - less than 10 miles from downtown

OVERVIEW

EXECUTIVE SUMMARY The subject property is located at 6122 North Clark Street, Chicago, IL 60660 (the "Property"). The JonBerg Group of Baird & Warner Real Estate, INC, as the sole and exclusive Broker, has been retained to present the sale of this unique industrial/manufacturing building - currently owned and operated by Chicago Soccer (CFA) Academy. It is described as a flex industrial/manufacturing brick building with redevelopment potential. The building is one story with a gross leasable area of approximately ±27,146.00 square feet and sits on a site of approximately ±36,590.00 square feet. The property is zoned B3-2 and features a master kitchen and two bars, 800a/ heavy power, a ±15-foot ceiling, a rubber/flat roof, and external 15 parking spaces. Positioned along the west side of Clark Street, the Property has access to multiple forms of public transportation and arterial roads offering easy access to downtown Chicago, and the North Shore suburbs. The combination of excellent demographics, a strong local workforce, and a highly accessible location combine to form an exceptional acquisition opportunity to acquire a standalone industrial building in the Edgewater neighborhood. We believe that this is an exceptional investment opportunity that shouldn't be missed. LOCATION OVERVIEW Situated on Clark Street in Chicago’s top North Side Neighborhood. Easy access to and from major thoroughfares including Devon Avenue, Sheridan Road, Broadways Street, and Lake Shore Drive. Edgewater is one of the most sought-after communities in Chicago. A waterfront community with miles of beaches and green spaces to relax in — and breathtaking views over Lake Michigan from seven miles north of the Loop. The diverse community, close proximity to amenities, top-rated schools, and beaches are some of the desirable attractions making Edgewater a popular destination among families and individuals alike. One of the reasons why families love Edgewater is that many top-rated public and private schools serve this community. Edgewater is home to many popular neighborhoods — Andersonville, Edgewater Glen, Broadway, and Sheridan Road are some of the most sought-after neighborhoods. Edgewater’s global mix of cultures makes the neighborhood a culinary feast. It’s also famous for authentic delis, boutique grocery stores, and specialty farm stand. Edgewater is rated as one of the top four communities on Chicago’s North side, alongside neighboring communities of Lincoln Park, Lincoln Square, and North Center. INVESTMENT HIGHLIGHTS Sale Price: $4,449,000.00 ($164.00 per/SF) Property Type: Flex Industrial/Manufacturing Building Stories: 1 Building Size ±27,134 SF Land Size: ±36,590 or .84 AC Lot Dimensions: 60.02' x 96.0' x 6.0" x 137.93' x 222.52' x 121.94' x 180.52 x 57.0' Tax ID Pin(s): 14-06-217-019-0000 Property Taxes: 2022 - $102,296.21 (paid to "Cook County Illinois") D-I-D / Dock: 1 and 1 Drive-in-Doors (1 tot./8' w x 12' h) Zoning: B3-2 Community Shopping District (Shopping centers. Allows more business types than B1 and B2 districts, including large stores, and retail storefronts, often along major streets. Apartments permitted above the ground floor) Ownership Type: Corporation | Chicago Soccer, Inc Frontage: 60.02' Feet on Clark Street FAR: 0.74 Parking: On-Site ±15 Spaces and Street Parking Sprinklers: Yes - Fully sprinklered Built: ±1960 Ward: 27th Ward (Ald. Walter Burnett Jr.) Market: Chicago Submarket: Edgewater

FOR SALE DETAILS

PRICE

$4,449,000 USD

PRICE/SF

$164 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Distribution, Warehouse, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

15 Ft

DOCKS

1

DRIVE INS

1

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.84

LAND SF

36,590

ZONING

B3-2

APN/PARCEL ID

14-06-217-019-0000

ASK ABOUT THIS PROPERTY

Wesley JonBergBaird & WarnerMore Info
312-981-2384

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

Wesley JonBergBaird & WarnerMore Info
312-981-2384

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