5507 Clark Street, CHICAGO

$880,000

0 Beds
0 Baths
4,695 Sqft
0 Acres
0 Garages

Send your investors OPEN THURS. 8/22 7:00-8:00 pm!! Incredible INVESTMENT in the heart of ANDERSONVILLE! Do not miss this opportunity! 3-story MIXED USE 4,695 square foot building with the WELL-ESTABLISHED TRUE NORTH CAFE on the bottom floor and four CHARMING AND SUNNY, vintage 1-bedroom apartments on the second and third with two of them having private balconies. This building is filled with potential and just STEPS from some of the GREATEST RESTAURANTS, SHOPPING, and ENTERTAINMENT in the city. Full service commercial basement below and a detached garage in the back. No problem with tenant occupancy in this hot neighborhood, and the cafe still has six years left on the lease. FANTASTIC CASH FLOW with combined gross lease at nearly $5000/month with so many possibilities for a strong annual increase. This is an incredible opportunity to invest in one of the hottest growing communities in the city!

Essential Information
MLS® #10478075
Price$880,000
Square Footage4,695
Acres0.00
Year Built1915
TypeCommercial
Sub-TypeMixed Use
StatusActive
Community Information
Address5507 Clark Street
AreaCHI - Edgewater
CityCHICAGO
CountyCook
StateIL
Zip Code60640
Amenities
Parking Spaces3
Utilities

Electric to Site, Gas to Site, Sanitary Sewer to Site, Water-Municipal

Interior
HeatingGas, Hot Water, Radiators
CoolingNone
# of Stories1
Stories3
Exterior
RoofFlat
ConstructionBrick, Concrete
FoundationConcrete
Additional Information
ZoningCOMMR
Listing Details
OfficeDream Town Realty
Property History
Status Changed from New to Active
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Listing information last updated on August 22nd, 2019 at 8:36pm CDT.