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    4848 N Clark St Chicago, IL 60640

    For Sale
    $1,850,000

    Three-story, 12,200 SF mixed-use building in Andersonville.

    Property size:
    12,231 SF
    Lot size:
    0.15 Acres

    Property Features for 4848 N Clark St

    General Information

    Size
    12,231 SF
    Lot size
    0.15 Acres

    Source: @Properties | Chicago (North) Agent Christopher Olson

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

    Overview

    Andersonville Mixed-Use Building For Sale

    Located in Andersonville, this three-story mixed-use building offers a development or conversion opportunity on an oversized lot. The loft-like building features brick and concrete construction, encompassing 12,200 square feet. A large freight elevator serves all floors, including a full basement with 8-foot ceilings. The upper floors boast ceilings upwards of 13 feet and stair access to the roof. A side drive leads to 8+ outdoor car parking spaces and a 4-car garage. Currently zoned C2-2, the property allows for 11 dwelling units on the upper floors and commercial units on the first floor. The FAR allows for a maximum interior square footage of 24,200 square feet and a building height of 50 feet. The building is vacant and ideally suited for a creative investor, developer, or end-user.
    Location Intelligence

    Current Use by Public Records

    ISz Painter Acta Publications Inc Publisher Mission Arts Association Or Organization

    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.

    Similar Places Nearby

    Christmas Tree 🎄 Lot, Clark Blooms, Beautyberry Designs, The Flower Girl Company, Yera's Lake View Florist

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.667874
    Latitude
    41.9704548

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    FAQs

    What type of property is this?
    Storefront property - Three-story, 12,200 SF mixed-use building in Andersonville.
    Where is this storefront property located?
    The property is located at 4848 N Clark St Chicago, IL.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: - Oversized lot in Andersonville offering great development or conversion opportunity.; - 12,200 sf loft-like building with large freight elevator.; - C2-2 zoning allows for 11 dwelling units on upper floors and commercial units on the first floor.
    (773) 294-5449
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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
    4848 N Clark St Chicago, IL 60640
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