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Jack Pysz, Managing Broker

Managing Broker

  • Office 773.328.8055
  • Cell 773.344.8444
Questions?

5238 North Clark Street, Chicago, IL – $7,450,000

  • $7.5M Price
  • 150 DOM
  • $7.5M Price
  • 150 DOM

5238 North Clark Street

Confidential Sale!!! A once in a generation opportunity to acquire the best parcel of real estate in Chicago's pre-eminent Andersonville neighborhood. The property consists of an approx. 22,500 SF land site with an approx. 19,000 Sf existing building with over 150 ft of frontage on Clark St. Located just north of the intersection of Clark St & Foster, the property offers an opportunity to re-develop the site into a higher density retail, residential, or mixed-use development. Existing C1-2 zoning will allow for an approx 50,000 SF building. Currently occupied by long-time tenant Cheetah Gym, and a local tavern, the current operator will also consider leasing the entire building back to provide cash flow to a new owner. One of Chicago's best retail corridors, with an incredible mix of national tenants including Starbucks, Chase, Walgreens, Potbelly, Buffalo Exchange AT& T, as well as iconic local tenants such as Lady Gregory Restaurant, Women and Children First book store, Hopleaf, Hamburger Mary's and many, many others. Do not disturb tenants!

Essential Information

  • MLS® #10772265
  • Price$7,450,000
  • Property Taxes$103,379.00
  • Acres0.00
  • Year Built1929
  • TypeCommercial Sale
  • Sub-TypeRetail/Stores
  • StatusActive

Community Information

  • Address5238 North Clark Street
  • AreaCHI - Edgewater
  • CityChicago
  • CountyCook
  • StateIL
  • Zip Code60640

Additional Information

  • Days on Market150
  • ZoningCOMMR

Listing Details

  • OfficeSperry Van Ness
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Price Change History for 5238 North Clark Street, Chicago, IL (MLS® #10772265)

Date Details Change
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Reduced from $7,950,000 to $7,450,000 $500,000 (6.29%)
Status Changed from New to Active

Sperry Van Ness.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Redco Inc. are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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. Information deemed reliable but not guaranteed.

Listing information last updated on November 29th, 2020 at 9:45am CST.

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