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5140 Clark Street  Chicago IL 60640

5140 Clark Street Chicago, IL 60640

For Sale
5140 Clark Street
Chicago, IL 60640
Price: $2,150,000
Type: Commercial Sale Mixed Use
Agent: Craig Wolf
Agent Email: craig@straussrealty.com
Broker: Strauss Realty Ltd
Broker Phone: 773-736-3600

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.

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