5668 North Clark StreetChicago, IL 60660Price: $1,000,000

  • Price: $1,000,000
  • 54 Days on Market
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Federal 30-year interest rate: 3.09% last updated on Oct 21, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1913Year Built

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Wonderful opportunity to acquire an impeccably maintained two-story brick and limestone building in Chicago's flourishing Andersonville neighborhood. This mixed use property is 100% leased and boasts numerous upgrades, (including the roof, exterior facade and in-unit improvements), making this asset a real gem with immense upside and growth potential. The four unit property offers a mix of both commercial and residential with exposure on both Clark Street (5668) and Ashland Avenue (5709). The Clark Street side has a commercial storefront on the ground level and a three bedroom residential unit on the 2nd level. The Ashland side has a storefront/one bedroom residential unit at street level with a two bedroom residential unit above. While fully occupied with quality tenants, the current rents are well below market, making this offering a real investment opportunity for a savvy investor or developer. The surrounding area is home to a diverse, strong rooted community, complete with beautiful residential tree lined streets, parks, the lakefront, as well as a thriving retail, restaurant and nightlife presence. With high traffic volume (both by foot and vehicle) and easy access to public transportation (Red Line, Clark and Ashland buses), this property has unlimited possibilities for the future.

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Listed by Matthew Crowley of Val Realty & Mgmt Co,Inc

Based on information submitted to MRED  as of October 27, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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