6600-6602 N Clark St - Apartments FOR SALE


Chicago, IL 60626- Rogers Park
$2,295,000 USD
847-977-5389
6600-6602 N Clark St, Chicago, IL for Sale
$2,295,000 USD
Apartments - FOR SALE
1/17
null | 4.86% Cap Rate

6600-6602 N Clark St
Chicago, IL 60626
Rogers Park


HIGHLIGHTS

  • Rare find, amazing legacy building with 10 residential apartments and 2 storefront retail/office spaces.
  • Building is fully occupied with no issues with vacancy and long term tenants due to the great location and condition of the building and units.
  • Each of the residential apartments are all being used at 2 bedroom/ 1 bathroom units all with hardwood floors.
  • One of the commercial storefronts is a long time accounting firm who wants to stay on for a year or two with the new owner.
  • The second store front recently became vacant; a "vanilla box" ready for the next tenant.
  • This building has very little deferred maintenance, great condition and a longtime owner who is ready to retire soon.

OVERVIEW

Rare find, amazing legacy building with 10 residential apartments and 2 storefront retail/office spaces. Building is fully occupied with no issues with vacancy and long term tenants due to the great location and condition of the building and units. Each of the residential apartments are all being used at 2 bedroom/ 1 bathroom units all with hardwood floors. One of the commercial storefronts is a long time accounting firm who wants to stay on for a year or two with the new owner. The second store front recently became vacant; a "vanilla box" ready for the next tenant. This building has very little deferred maintenance, great condition and a longtime owner who is ready to retire soon. Offering Memorandum could be provided with request.

FOR SALE DETAILS

PRICE

$2,295,000 USD

PRICE/SF

$149 USD /SF

# OF UNITS

12

PRICE/UNIT

$191,250

CAP RATE

4.86%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1927

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

C2-2

APN/PARCEL ID

11-31-412-034-0000

ASK ABOUT THIS PROPERTY

Mike Levin@ Properties CommercialMore Info
847-977-5389

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Mike Levin@ Properties CommercialMore Info
847-977-5389

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.