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6122 N Clark St

27,134 SF Industrial Building Chicago, IL 60660 $4,449,000 ($164/SF)

Investment Highlights

  • Zoned B3-2 Community Shopping District, which allows for a variety of uses
  • The asset is located near roadways which generate upwards of approximately 42,000 VPD
  • Prominent retailers in the direct trade area include Target, Whole Foods, ALDI, CVS, Walgreens, Pet Smart, etc
  • Excellent demographics in the trade area – 775,427 residents and average household incomes of $111,323 within a 5-mile radius of the subject property
  • Located approximately 1,400’ from the new $22M Metra station set to be completed Q2 2023
  • Ideally located in the 3rd largest City in the U.S. - less than 10 miles from downtown

Executive Summary

EXECUTIVE SUMMARY
The subject property is located at 6122 North Clark Street, Chicago, IL 60660 (the "Property"). The JonBerg Group of Baird & Warner Real Estate, INC, as the sole and exclusive Broker, has been retained to present the sale of this unique industrial/manufacturing building - currently owned and operated by Chicago Soccer (CFA) Academy. It is described as a flex industrial/manufacturing brick building with redevelopment potential. The building is one story with a gross leasable area of approximately ±27,146.00 square feet and sits on a site of approximately ±36,590.00 square feet. The property is zoned B3-2 and features a master kitchen and two bars, 800a/ heavy power, a ±15-foot ceiling, a rubber/flat roof, and external 15 parking spaces. Positioned along the west side of Clark Street, the Property has access to multiple forms of public transportation and arterial roads offering easy access to downtown Chicago, and the North Shore suburbs. The combination of excellent demographics, a strong local workforce, and a highly accessible location combine to form an exceptional acquisition opportunity to acquire a standalone industrial building in the Edgewater neighborhood. We believe that this is an exceptional investment opportunity that shouldn't be missed.
LOCATION OVERVIEW
Situated on Clark Street in Chicago’s top North Side Neighborhood. Easy access to and from major thoroughfares including Devon Avenue, Sheridan Road, Broadways Street, and Lake Shore Drive. Edgewater is one of the most sought-after communities in Chicago. A waterfront community with miles of beaches and green spaces to relax in — and breathtaking views over Lake Michigan from seven miles north of the Loop. The diverse community, close proximity to amenities, top-rated schools, and beaches are some of the desirable attractions making Edgewater a popular destination among families and individuals alike. One of the reasons why families love Edgewater is that many top-rated public and private schools serve this community. Edgewater is home to many popular neighborhoods — Andersonville, Edgewater Glen, Broadway, and Sheridan Road are some of the most sought-after neighborhoods. Edgewater’s global mix of cultures makes the neighborhood a culinary feast. It’s also famous for authentic delis, boutique grocery stores, and specialty farm stand. Edgewater is rated as one of the top four communities on Chicago’s North side, alongside neighboring communities of Lincoln Park, Lincoln Square, and North Center.
INVESTMENT HIGHLIGHTS
Sale Price: $4,449,000.00 ($164.00 per/SF)
Property Type: Flex Industrial/Manufacturing Building
Stories: 1
Building Size ±27,134 SF
Land Size: ±36,590 or .84 AC
Lot Dimensions: 60.02' x 96.0' x 6.0" x 137.93' x 222.52' x 121.94' x 180.52 x 57.0'
Tax ID Pin(s): 14-06-217-019-0000
Property Taxes: 2022 - $102,296.21 (paid to "Cook County Illinois")
D-I-D / Dock: 1 and 1 Drive-in-Doors (1 tot./8' w x 12' h)
Zoning: B3-2 Community Shopping District
(Shopping centers. Allows more business types
than B1 and B2 districts, including large stores, and retail
storefronts, often along major streets.
Apartments permitted above the ground floor)
Ownership Type: Corporation | Chicago Soccer, Inc
Frontage: 60.02' Feet on Clark Street
FAR: 0.74
Parking: On-Site ±15 Spaces and Street Parking
Sprinklers: Yes - Fully sprinklered
Built: ±1960
Ward: 27th Ward (Ald. Walter Burnett Jr.)
Market: Chicago
Submarket: Edgewater

Property Facts

Price $4,449,000
Price Per SF $164
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
  • Office Industrial Live Work Unit
Building Class B
Lot Size 0.84 AC
Rentable Building Area 27,134 SF
No. Stories 1
Year Built 1960
Tenancy Single
Parking Ratio 0.85/1,000 SF
Clear Ceiling Height 15’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 1

Amenities

  • Bus Line
  • Security System
  • Air Conditioning

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
Walk Score®
Walker's Paradise (92)
Transit Score®
Excellent Transit (70)
Bike Score®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-06-217-019-0000
Land Assessment
$420,650
Improvements Assessment
$334,100
Total Assessment
$754,750

zoning

Zoning Code B3-2 (B3-2 Community Shopping District (Shopping centers. Allows more business types than B1 and B2 districts, including large stores, & retail storefront))
B3-2 (B3-2 Community Shopping District (Shopping centers. Allows more business types than B1 and B2 districts, including large stores, & retail storefront))
  • Listing ID: 29000817

  • Date on Market: 7/14/2023

  • Last Updated:

  • Address: 6122 N Clark St, Chicago, IL 60660

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