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    5400 N Clark St Chicago, IL 60610

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    For Sale
    $11,000,000

    Prime retail location on Clark Street with long-term tenants.

    Property size:
    5,067 SF
    Lot size:
    0.06 Acres

    Property Features for 5400 N Clark St

    General Information

    Size
    5,067 SF
    Lot size
    0.06 Acres

    Source: Baum Realty Agent Ari Topper, CFA

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

    Overview

    Andersonville Retail Investment Opportunity

    This property is located on Clark Street within Andersonville's retail corridor. It features a mix of long-tenured tenants. The buildings are well maintained, requiring minimal deferred maintenance. The property offers the opportunity to control a contiguous portion of Clark Street in a singular transaction. The property size is 5067 square feet. In-place rents compare favorably to recent neighborhood lease deals, offering room to boost income over time. The submarket has minimal retail vacancy.
    Insight Report Location Intelligence

    Current Use by Public Records

    Evoke Tattoos Tattoo Shop sweetgreen Health Food Restaurant Hamburger Mary's Bar

    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
    -87.6685572
    Latitude
    41.9799867

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    FAQs

    What type of property is this?
    Strip mall - Prime retail location on Clark Street with long-term tenants.
    Where is this strip mall located?
    The property is located at 5400 N Clark St Chicago, IL.
    What is the asking price?
    The asking price for this property is $11,000,000.
    What are key features of this property?
    This property features: - "Main on Main" location in Andersonville's desirable Clark Street retail corridor.; - Opportunity to control a large contiguous portion of Clark Street in a rarely available singular transaction.; - Extremely tight submarket with minimal retail vacancy.
    (312) 666-3000
    Request Owner's contact information
    5400 N Clark St Chicago, IL 60610
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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
    5400 N Clark St Chicago, IL 60610
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