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    506 N Clark St Chicago, IL 60654

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    Contact for pricing

    Office, retail, or restaurant space in River North.

    Property size:
    1,235 SF
    Lot size:
    0.09 Acres

    Property Features for 506 N Clark St

    General Information

    Size
    1,235 SF
    Lot size
    0.09 Acres

    Source: Friedman Properties Agent Brian Chernett

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

    Overview

    River North Office/Retail Space

    This property is located in the River North neighborhood and offers office, retail, or restaurant space. The building is owner-managed and features a secure building with a Sentex security system. Tenant-controlled HVAC is available. The location provides excellent access to public transportation and ample public parking nearby. The property is surrounded by award-winning restaurants and high-end retail establishments. It is equally accessible to the Loop, Merchandise Mart, and Michigan Avenue. The property is currently home to Potbelly Sandwich Works and has a size of 1235 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bushman Construction Management ... Construction Company Black Dog Radio ... Radio Broadcaster See Music Recording Studio MarksDVM Consulting Veterinarian Squeak E. Clean ... Recording Studio

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Daycare Center Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6314061
    Latitude
    41.8911372

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    FAQs

    What type of property is this?
    Office space - Office, retail, or restaurant space in River North.
    Where is this office space located?
    The property is located at 506 N Clark St Chicago, IL.
    What are key features of this property?
    This property features: - Excellent access to public transportation; - Equally accessible to the Loop, Merchandise Mart, and Michigan Avenue; - Surrounded by award-winning restaurants and high-end retail
    (312) 644-1100
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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
    506 N Clark St Chicago, IL 60654
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