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    5238 N Clark Street

    Chicago, IL 60640
    • $7,450,000
    • STATUS: Active
    • ON SITE: 106 days
    • MLS #: 10772230
    UPDATED: 29 min ago
    $7,450,000
    • 0
      BEDS
    • 0.51
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    Confidential Sale!!! A once in a generation opportunity to acquire the best parcel of real estate in Chicago's pre-eminent Andersonville neighborhood. The property consists of an approx. 22,500 SF land site with an approx. 19,000 SF existing building with over 150 ft of frontage on Clark St. Located just north of the intersection of Clark St & Foster, the property offers an opportunity to re-develop the site into a higher density retail, residential, or mixed-use development. Existing C1-2 zoning will allow for an approx 50,000 SF building. Currently occupied by long-time tenant Cheetah Gym, and a local tavern, the current operator will also consider leasing the entire building back to provide cash flow to a new owner. One of Chicago's best retail corridors, with an incredible mix of national tenants including Starbucks, Chase, Walgreens, Potbelly, Buffalo Exchange AT& T, as well as iconic local tenants such as Lady Gregory Restaurant, Women and Children First book store, Hopleaf, Hamburger Mary's and many, many others.

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2020-10-22T21:51:12.957 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    5238 N Clark Street Chicago, IL 60640

    • Price: $7,450,000
    • Status: Active
    • Updated: 29 min ago
    • MLS #: 10772230
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.51
    Acres
    Neighborhood:
    Chi - Edgewater
    County:
    Cook
    Area:
    Chi - Edgewater
    Property Description
    Confidential Sale!!! A once in a generation opportunity to acquire the best parcel of real estate in Chicago's pre-eminent Andersonville neighborhood. The property consists of an approx. 22,500 SF land site with an approx. 19,000 SF existing building with over 150 ft of frontage on Clark St. Located just north of the intersection of Clark St & Foster, the property offers an opportunity to re-develop the site into a higher density retail, residential, or mixed-use development. Existing C1-2 zoning will allow for an approx 50,000 SF building. Currently occupied by long-time tenant Cheetah Gym, and a local tavern, the current operator will also consider leasing the entire building back to provide cash flow to a new owner. One of Chicago's best retail corridors, with an incredible mix of national tenants including Starbucks, Chase, Walgreens, Potbelly, Buffalo Exchange AT& T, as well as iconic local tenants such as Lady Gregory Restaurant, Women and Children First book store, Hopleaf, Hamburger Mary's and many, many others.
    Exterior Features

    Buildings On Land Yes Cars 0 Front Footage 150 Frontage Access City Street Lot Dimensions 150 X 148 Lot Size .50-.99 Acre Road Surface Asphalt Waterfront YN No

    Property Features

    Additional Sales Information List Broker Must Accompany Agent Owned Interest YN No Backup Package YN Yes Corporate Limits Chicago Current Use Commercial Elementary Sch Dist 299 Farm No General Information None High Sch Dist 299 Holds Earnest Money Yes Jr High Middle Dist 299 Ownership Fee Simple Possession Negotiable Rental Price 0 Special Assessments Unknown Special Compensation Info None Special Service Area N Tax Year 2018 Taxes 103378.0 Township Lake View Utilities To Site Electric To SiteGas To SiteSanitary Sewer To SiteWater-MunicipalWater To Site

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Sperry Van Ness.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2020-10-22T21:51:12.957 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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