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6340 N Clark Street,  Chicago IL, 60660

(Active)
$2,850,000
|
14,280 sqft
|
MLS# 11997012
Last Updated: 5/16/2024 2:34 AM
Description for 6340 N Clark Street Chicago, IL 60660
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.
Price
$2,850,000
Cook
14,280 (approx)
11997012
Active
Description
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.
Listing Information
Property Type: Mixed Use, Business Opportunities, 2 Story
0.26 Acres 14,280 (approx) 1917
2 Brick
15 Total
Neighborhood
Room Information
Interior Features
Window Unit(s)
Exterior / Lot Features
Brick
75X125
COMMR
Driving Directions
Property is located on the southwest corner of Clark and Devon, just south of the Shell Gas Station.
Financial Considerations
14062040150000
$32,927
Listing Price History

Chicago Real Estate

Chicago is located in Illinois. Chicago, Illinois 60660 has a population of 2,781,445.

The median household income in Chicago, Illinois 60660 is $55,227. The median household income for the surrounding county is $68,916 compared to the national median of $66,222. The median age of people living in Chicago 60660 is 38 years.

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Courtesy: Horvath & Tremblay IL, LLC
Listings courtesy of MRED as distributed by MLS GRID

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This content last refreshed on 5/16/2024 2:34 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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