There are two 890 square feet stores front, with easy access to public transportation and two parking spaces in back. Space is ideal for local business, insurance office, accounting office or law office.
This one of a kind mixed-use property is back on the market after being completely owner-used for 26 years. It consists of a commercial space on the first floor with access to the unfinished basement including washer and and recently purchased dryer. The commercial space is comprised of a large window display storefront, reception area, conference/training room and 4 offices, two 1/2 bathrooms, and a kitchenette. The second floor is a 2- bedroom plus den, 1 bathroom apartment with a lovely mantel, hardwood floors throughout and designated dining room. The unit has two separate entry-ways with one leading to the rooftop, which has potential to add a deck. There is an additional non-conforming attached two-story coach-house which consists of two separate living spaces, full kitchen, 1 bedroom and 1 bath. The charm of this property lies in its potential. The owner has made major upgrades to the mechanical components of the property like the roof, electrical, rehab of the coach house. With such an stellar location, a light facelift would offer an opportunity to add significant value. The busy Clark-Devon intersection is full of shops, restaurants, and convenience right at the doorstep. It is minutes away from Loyola University, the lakefront, the Andersonville Shopping Strip and more! The property will be completely vacant at the time of closing. The owner is selling "AS-IS".
Investment opportunity 6% cap to own a rare turnkey 13 unit brick building with coach house and garages on oversized lot in hot Edgewater neighborhood. Mix of bed/bath counts all occupied and renovated in last 2 years. In addition to new roof and hot water heaters apartments feature modern kitchens with stainless steel appliances, exquisite hardwood flooring, modern bathroom finishes and in-unit laundry. Near university, restaurants, retail, lake and more. Some value add opportunities. Cash flowing asset. Contact agent for more photos. Additional properties for sale in portfolio. Please send POF and sign NDA for financials.
Attention Investors! Don't miss your chance to own an amazing building with 37 units!
Building in hot Loyola area completely rehabbed including lobby, stores, and apartments. New roof and the building is in perfect condition. Stores have professional tenants including beauty shop, a liquor store and smoke retail shop. Rent roll upon request. All cash offers preferred and no offer with more than 60% mortgage contingency will be considered.
6334-40 North Clark Street is a 2-story mixed-use investment property with three (3) street level retail units, leased by Gracie O'Malley's, a popular Chicago Bar with three downtown locations (Edgewater, Wicker Park, and Six Corners), Sauce and Bread Kitchen (SBK), and Co-op Sauce. Sauce and Bread Kitchen (SBK) owns and operates Co-op Sauce and the two adjacent suites are on the same lease. The apartments are comprised of twelve (12) residential units consisting of one (1) Studio unit, five (5), 1-Bedroom/1-Bathroom units, three (3), 2-Bedroom/1-Bathroom units, two (2), 3-Bedroom/2 Bathroom units, and one (1), 4-Bedroom/2-Bathroom unit. The Property also features a detached four bay garage, which can generate additional revenue. The property benefits from rehabbed commercial spaces, updated plumbing and electric, and a brand new tear off completed in 2024. With strong commercial tenants and 100% occupancy on the apartments, this stable investment presents plenty of additional upside. At a current 8.01% cap rate, the income on this property will allow a buyer to generate a phenomenal return from day one. Bring your clients to check it out!
The subject property is located at 6122 North Clark Street, Chicago, IL 60660 (the "Property"). This is a 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.
Built in 1924, rare, turnkey 23 unit apartment building in Edgewater just north outside Andersonville. Fully leased and condo conversion quality with reconstruction including brand new water main, all new gas and water piping and systems, complete window replacement, new overlay rubber roof with skylights over stairwells. Four separate entrances. Located on the corner of Paulina and Glenlake. Each entry with call box intercom system to a tenant's cell phone. All Chicago red brick with two car, all brick garage, large decks up to code and beautiful, secured courtyard with four sets of tables/chairs, bike racks, plantings, mulched areas. Window and lentil replacement. All new interior lighting. 7' entry doors. 800 amp electrical service. Top of the line, and absolutely stunning mechanicals in basements with plenty of room for future tenant and common building storage capabilities. Three basements in total with high ceilings to stand up in. All copper plumbing lines. All separate gas meters. Each unit has central heat, central air, in unit washer and dryer. All new kitchens, bathrooms, flooring, appliances, lighting, dedicated gas/electric meters, radiant heating for basement/vestibules, structural joists replaced, etc. THIS IS A TRUE GUT REHAB. No expense spared. Each tier, or set of sis has its own central cable box. Each unit is already wired for cable and cable ready. 100% fire code rated. All Glenlake entrances have skylights at the top of the refurbished stairwells. Original, printed wainscoting. Lobbies with fresh carpeting and stamped tile floors, classic contemporary wood augmentations. All legitimate leases, 12 month minimum term. All tenants credentialed including full credit report, income, landlord, employment verification, background checks. This building runs itself. A must see. Very low maintenance and sit back and collect rent. A prized piece for a portfolio or star piece for a first timer. Legally zoned for 24 units. Assumable mortgage balance of $3.627M @ an interest rate of 3.09% with 4 years left on the loan as of RIGHT NOW
The median home value in Chicago, IL is $223,000. This is higher than the county median home value of $214,400. The national median home value is $219,700. The average price of homes sold in Chicago, IL is $223,000. Approximately 38.87% of Chicago homes are owned, compared to 48.34% rented, while 12.79% are vacant. Chicago real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chicago real estate agent to arrange a tour today!
Chicago, Illinois 60660 has a population of 2,722,586. Chicago 60660 is less family-centric than the surrounding county with 25.68% of the households containing married families with children. The county average for households married with children is 30.49%.
The median household income in Chicago, Illinois 60660 is $52,497. The median household income for the surrounding county is $59,426 compared to the national median of $57,652. The median age of people living in Chicago 60660 is 34.1 years.
The average high temperature in July is 84.3 degrees, with an average low temperature in January of 19.5 degrees. The average rainfall is approximately 38.2 inches per year, with 37.1 inches of snow per year.