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Commercial Property in Edgewater, Chicago

6247 N Clark Street Chicago, IL 60660

Claim this Listing
For Sale
$1,100,000

COMMERCIAL - Chicago, IL

Property size:
8,000 SF
Lot size:
0.20 Acres
Price / SF:
$137/SF
Added:
Dec 2, 2025
Days on Market:
222
Last Refresh:
Jul 12 at 2:06 am

Property Features for 6247 N Clark Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Standard status
Active
APN
14051080370000
Size
8,000 SF
Lot size
0.20 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
28385

Utilities

Cooling system
Central Air

Building Details

Year built
1938
Floors in Building
1
Number of units
2
Building materials
Concrete, Brick

Listing agent Mark Ahmad License #471007186

Listing office Century 21 Circle 3372 W Devon Ave, Chicago, IL

Listing date Dec 2, 2025

MLS# 12522237

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Located in the Edgewater neighborhood on Clark Street, this commercial property extends through Uptown, East Rogers Park, and the historic Andersonville commercial district. The area is characterized by its walkability and diverse housing options, including lakefront properties, with ongoing development and revitalization. The property offers significant street presence and visibility on Clark Street. It features approximately 6,000 sq ft of land and 8,000 sq ft of building space, including the south side portion of the building's 2nd level mezzanine. The building includes two overhead car garage doors, each with an independent pedestrian door, providing the option to divide the space for two separate businesses. Currently, the property is used for classic car interior restoration, upholstering, and renovation. The 2nd level mezzanine offers approximately 2,000 sq ft of storage space. Zoned B3-2, the property allows for shopping centers, large stores, various businesses, retail storefronts, and apartments above the ground floor. Potential uses include conversion to a gem, warehouse, distribution site, or storage facility, as well as development of apartments and condominiums, or a hand car wash. The property is located steps from Evanston City, a short distance from Lake Shore Drive Sheridan beaches, and within walking distance of Loyola University campuses. It is located in the 40th Ward.

Key Highlights

  • Prime location on Clark St. in Edgewater, offering high visibility.
  • B3‑2 Wide Zoning allows for diverse business and development opportunities.
  • Large 8,000 sq. ft. building with a 2,000 sq. ft. mezzanine.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $75.4k $9.43
− Vacancy −$4.1k −$0.52
EGI $71.3k $8.91
− OpEx −$10.7k −$1.34
NOI $60.6k $7.57
8,000 SF · lease $9.43/SF/yr · vacancy 5.50% · expense 15.00%

Alternative Uses

Best Use
Retail
$1.58M
$1.38M – $1.84M (±1% cap)
NOI $110,678 @ 7.0% cap · market cap 10.06%
Second Best
Warehouse
$865.7K
$757.5K – $1.01M (±1% cap)
NOI $60,597 @ 7.0% cap · market cap 5.51%
Theoretical Best
Office A
$3.77M
$3.30M – $4.40M (±1% cap)
NOI $264,038 @ 7.0% cap · market cap 24.00%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Law Firm Catering Service (Bike/Boat/Book/etc) Store Pet Grooming Service Home Appliance Store Skin Care Clinic Clothing & Fashion Store Tanning Salon (Bike/Boat/Book/etc) Store Coworking & Hybrid Office

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • T & H Auto Services — 5743 N Broadway, Chicago, IL 60660
  • Leo's Body Shop — 5971 N Ridge Ave, Chicago, IL 60660
  • Uptown Auto Services — 5745 N Broadway, Chicago, IL 60660
  • Peterson Car Care — 2002 W Peterson Ave, Chicago, IL 60659
  • European Autohaus — 5981 N Ridge Ave, Chicago, IL 60660

FAQs

What type of property is this?
Auto shop - 8,000 sq ft commercial building in Edgewater neighborhood.
Where is this auto shop located?
The property is located at 6247 N Clark Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Prime location on Clark St. in Edgewater, offering high visibility.; B3‑2 Wide Zoning allows for diverse business and development opportunities.; Large 8,000 sq. ft. building with a 2,000 sq. ft. mezzanine.
Contact an agent
More about this property
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