Active

6340 N Clark Street

Chicago IL, 60660

$2,850,000


$199.58 per sqft

Active

14,280 sqft

Commercial

Built in 1917

Courtesy of Horvath & Tremblay IL, LLC

6334-40 North Clark Street is a 2-story mixed-use investment property with three (3) street level retail units, leased by Gracie O'Malley's, a popular Chicago Bar with three downtown locations (Edgewater, Wicker Park, and Six Corners), Sauce and Bread Kitchen (SBK), and Co-op Sauce. Sauce and Bread Kitchen (SBK) owns and operates Co-op Sauce and the two adjacent suites are on the same lease. The apartments are comprised of twelve (12) residential units consisting of one (1) Studio unit, five (5), 1-Bedroom/1-Bathroom units, three (3), 2-Bedroom/1-Bathroom units, two (2), 3-Bedroom/2 Bathroom units, and one (1), 4-Bedroom/2-Bathroom unit. The Property also features a detached four bay garage, which can generate additional revenue. The property benefits from rehabbed commercial spaces, updated plumbing and electric, and a brand new tear off completed in 2024. With strong commercial tenants and 100% occupancy on the apartments, this stable investment presents plenty of additional upside.

11997012

MLS ID

March 6, 2024

Listed

May 16, 2024

Updated

Map

6340 N Clark Street
Chicago IL, 60660

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

No

Exterior/Building Features

Lot Size

0.26 Acres

Other Property Details

Area Name

CHI - Edgewater


Taxes

$32,927


Tax Frequency

Annually


Days on Market

73


Garage

No


View

No


County

Cook


Pool

No


Zoning

COMMR

Listing History

Date

Event

Price

5/10/2024

Price Change

$2,850,000

-5%

4/1/2024

Price Change

$2,999,000

-7%

Courtesy of Horvath & Tremblay IL, LLC, John Preston,
Listing Contact: 312-533-8899 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Jason Obeirne are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 5/16/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and 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. 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 7:38 AM UTC, 5/16/2024

 

 

Powered byLuxury Presence