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6801 N Clark St 15,844 SF 100% Leased Retail Building Chicago, IL 60626 $2,807,660 CAD ($177.21 CAD/SF) 6.80% Cap Rate
Investment Highlights
- Rare corner presence, prominent location at the Intersection of Clark Street and Pratt Boulevard provides great visibility, branding opportunity
- Convenient access to CTA red line stations, Clark street bus service, and downtown Chicago
- Limited Availability of quality storefront space along Clark Street helps support long-term tenant demand
- Dense North Side residential base with a mix of vintage apartments, condos, multifamily, and lakefront high rises
- Positioned along Clark Street, widely recognized as Chicago’s “Shop Local Capitol” featuring hundreds of independent retailers, restaurants and cafes
- Property is a entire city block, a ton of opportunity to restore/redevelop
Executive Summary
Entire city block 180 ft on Clark with 2 curb Cuts and 88 ft on pratt . 13000 ft commercial building with huge 3 unit residential building 1670 pratt . Hard corner kitty corner from McDonalds .
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
15,844 SF
Year Built
1980
Price
$2,807,660 CAD
Price Per SF
$177.21 CAD
Cap Rate
6.80%
NOI
$190,921 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.98
Lot Size
0.37 AC
Zoning
C1-2 - Can build big multifamily with TOD zoning 2 curb cuts already in place on Clark .
Frontage
180’ on Clark
Exceptionally walkable
100/100
Fairly drivable
40/100
Strong public transit
80/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 11-31-226-011-0000 | Improvements Assessment | $65,498 CAD |
| Land Assessment | $250,548 CAD | Total Assessment | $316,046 CAD |
Property Taxes
Parcel Number
11-31-226-011-0000
Land Assessment
$250,548 CAD
Improvements Assessment
$65,498 CAD
Total Assessment
$316,046 CAD
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6801 N Clark St
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