Real Estate in Chicago
Michael Peterson
773 492 1406773 492 1406

5028 N Clark Street, CHICAGO, IL 60640 (MLS # 10447338)

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PRICE $1,400,000
BEDS n/a
BATHS 0 baths
HOME SIZE n/a
LOT SIZE n/a

This 2-unit building is on a prime corner lot with excellent exposure in HOT Andersonville! A 3,000 sqft commercial unit is rented through Aug '25. Modified-gross lease at $5,000/month has strong annual increases + $40/mth for water. Tenant is nation's largest comic book retailer. A massive 3,500 sqft, 5-bed, 3-bath apartment occupies the top two floors. The home features a large chef's kitchen that opens to a two-story family room with fireplace; separate living and dining room-ideal for entertaining! Don't miss the over-sized balcony and rooftop deck that overlook a private yard. A lux master suite, in-unit laundry, den/office, central HVAC and 2-car garage + 2 ext spaces. Strong rent at $5,000/month. Half the basement is currently used as storage for the apartment; could be finished & rented as storage, studio, or small office for an est $400/mth. Zoned C1-2. Building sits on half of lot and there is potential to build on approx 25' x 90'. Total turnkey building w/ CAP rate over 7%!

DAYS ON MARKET Login to view Days on Market LAST UPDATED 7/11/2019
YEAR BUILT 1898 COMMUNITY Uptown
COUNTY Cook STATUS Active
PROPERTY TYPE(S) Mixed Use


ADDITIONAL DETAILS
AIR CONDITIONING Central Air
ARE ANY PROPERTY PHOTOS VIRTUALLY STAGED? Yes
BUILT BEFORE 1978 (Y/N) Yes
CONSTRUCTION Wood Frame
ELECTRICAL SERVICE Separate Meters
EXTERIOR BUILDING TYPE Frame
FIRE PROTECTION None
FLOOR FINISH Wood
FRONTAGE/ACCESS City Street
GEOGRAPHIC LOCALE Chicago North
HEAT/VENTILATION Forced Air, Gas
INDOOR PARKING 1-5 Spaces, Detached
INFORMATION List Broker Must Accompany
LEASE TYPE Modified Gross
LISTING TYPE Exclusive Right To Sell
LOCATION Central Business District, Corner
LOT DIMENSIONS 53 X 95
MANAGING BROKER (Y/N) Yes
MISC INSIDE Basement, Laundry Room, Private Restroom/s, Skylight/s, Storage Inside
MISC OUTSIDE Balcony/ies, Sun Deck
OUTDOOR PARKING 1-5 Spaces, Lighted, Open, Paved
PARCEL IDENTIFICATION NUMBER 14083090290000
PROPERTY TYPE Mixed Use
RETAIL SQFT 3000
SALE TERMS Conventional
SCAVENGER EXPENSE SOURCE Actual
STATUS New
TAXES 15434
TAXES YEAR 2017, 2017
TENANT PAYS Air Conditioning, Electric, Heat, Water/Sewer
TOTAL ANNUAL EXPENSE SOURCE Owner Projection
UNINCORPORATED (Y/N) No
UTILITIES TO SITE Electric to Site, Gas to Site, Sanitary Sewer to Site, Water to Site, Water-Municipal
WASHER/DRYER LSD (Y/N) No
WATER EXPENSE SOURCE Owner Projection


92 Walker's Paradise

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