MLS#12431680
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
Fully-stabilized mixed-use building for sale in the heart of Andersonville. Built in 2007, this fully-leased four-unit property includes four parking spaces in the rear. The building includes a 1,400 SF ground-floor retail space, now occupied by a long-standing community tenant, along with three 1,800 SF residential units above. The commercial tenant is on a Modified Gross lease with 3% annual escalations on rent. Each apartment features 3 bedrooms and 2 bathrooms, complemented by a high ceiling, modern kitchens and baths, hardwood flooring, in-unit laundry, gas fireplaces, central HVAC, individual hot water heaters, generous private decks and a private storage. Located just steps from the vibrant Clark & Foster intersection and steps from neighborhood favorite Hopleaf, the property is surrounded by a thriving mix of restaurants, cafes, and boutique retailers. Total Annual Rental Income is $205K. Don't miss the opportunity to own this income-generating asset in a premier location.
Property Features
Property Type: Commercial - Business
Cooling: Central Air
Lot Size: 0.08 Acres
Stories: 4.0
Taxes: $26,621
Year Built: 2005
Feature Descriptions
Days on Site: 217
Electric: Circuit Breakers, Separate Meters, Over 600 Amps
Fire Protection: Other, None
HVAC: Central Heat/Indiv Controls, Forced Air, Gas
Lot Dimensions: 25' X 140'
Parcel#: 14083000170000
Tenant Pays: Electricity, Heat
Units: 4
Listed By / Shown By
Listed By
Agency Name: Strauss Realty Ltd
Agency Phone: 773-736-3600
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
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5140 N Clark Street | MLS# 12431680
This commercial property located at 5140 N Clark Street, Chicago, IL 60640 is currently listed for sale with an asking price of $2,150,000. Search Chicago real estate on www.bhhscrosby.com today.