5140 North Clark Street, Chicago, IL

$2,150,000

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About 5140 North Clark Street

Fully-stabilized mixed-use building for sale in the heart of Andersonville. Built in 2007, this fully-leased four-unit property includes four parking spaces in the rear. The building includes a 1,400 SF ground-floor retail space, now occupied by a long-standing community tenant, along with three 1,800 SF residential units above. The commercial tenant is on a Modified Gross lease with 3% annual escalations on rent. Each apartment features 3 bedrooms and 2 bathrooms, complemented by a high ceiling, modern kitchens and baths, hardwood flooring, in-unit laundry, gas fireplaces, central HVAC, individual hot water heaters, generous private decks and a private storage. Located just steps from the vibrant Clark & Foster intersection and steps from neighborhood favorite Hopleaf, the property is surrounded by a thriving mix of restaurants, cafes, and boutique retailers. Total Annual Rental Income is $205K. Don't miss the opportunity to own this income-generating asset in a premier location.

Features of 5140 North Clark Street

MLS® # 12431680
Price $2,150,000
Bathrooms 0.00
Acres 0.00
Year Built 2005
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 5140 North Clark Street
Area CHI - Uptown
City Chicago
County Cook
State IL
Zip Code 60640

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace Yes
# of Fireplaces 3
Has Basement No

Additional Information

Days on Market 85
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeStrauss Realty Ltd
Contact Info773-736-3600

Listing Map

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