5212 North Clark StreetChicago, IL 60640Price: $2,599,000

  • Price: $2,599,000
  • 78 Days on Market
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Federal 30-year interest rate: 7.22% last updated on Nov 30, 2023
* 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.
  • 7,060Square Feet
  • 1913Year Built

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The subject property is located at 5212-14 N Clark Street, Chicago, IL (the"Property"), a value-add urban mixed-use investment located in Chicago's dense and vibrant Andersonville neighborhood. The 7,060 leasable square foot building is comprised of five units; three 2 bed/1 bath apartments, one 1 bed/1 bath apartment, and one commercial space currently built out as a full-service restaurant. The apartments were renovated in 2005/2006 with new kitchens & baths, tenantpaid HVAC, separate hot water tanks, and hardwood floors. The two rear unitsalso have private decks. The restaurant space recently went through a major renovation and consists of 3,800 square feet on the ground floor with an additional 1,500 square foot finished basement. The property is ideally located on the west side of Clark Street on an extra wide, extra deep lot in the heart of Andersonville, just a few doors north of Foster Avenue. Residents also have quick and easy access to multiple bus stops, as well as Red Line L stops within 1 mile of the property. 5212-14 North Clark Street is a rare opportunity to own a building, with a fully equipped restaurant in an irreplaceable Andersonville location with an upside in the apartment rents.

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Listed by Marcus Sullivan of Sperry Van Ness

Based on information submitted to MRED  as of December 6, 2023 . 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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