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    2623 N Clark St Chicago, IL 60614

    For Sale
    $425,000

    Office space with abundant natural light and strong demographics.

    Property size:
    1,488 SF
    Lot size:
    0.58 Acres

    Property Features for 2623 N Clark St

    General Information

    Size
    1,488 SF
    Lot size
    0.58 Acres

    Source: Colliers | Chicago Downtown Agent Kyle Hundelt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Newer Office Buildout on Clark

    This property features a newer office buildout with abundant natural light. It benefits from signage and 20 feet of frontage on Clark Street. The location boasts strong demographics, with an average age of 36 and a high average household income of $170,648 within a 1-mile radius. The property has a Walk Score of 96, indicating it is a Walker’s Paradise, and a Transit Score of 82, signifying excellent transit options. High traffic volume is observed, with 16,160 vehicles per day. The property has a P-Street Designation and is located 2,700 feet from the CTA Brown and Purple Lines. The area sees $1.6 billion in annual consumer spending and offers proximity to Lakeshore Drive. The property size is 1,488 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lincoln Park Health ... Chiropractor Defined Counseling & Medspa Medical Spa Dr. Jimmy Ninh Neurologist

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.64315
    Latitude
    41.9305244

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    FAQs

    What type of property is this?
    Office space - Office space with abundant natural light and strong demographics.
    Where is this office space located?
    The property is located at 2623 N Clark St Chicago, IL.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - High average household income: $170,648 (1 mi.); - Walker's paradise: Walk Score 96, excellent transit: Transit Score 82; - Prominent signage & 20' fronting Clark
    (312) 648-9150
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    Chicago, IL 60614
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2623 N Clark St Chicago, IL 60614
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