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Commercial Land for Redevelopment
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Pending

400 S Clark St, Chicago, IL 60605

Commercial parcels at the southwest corner of Clark and Van Buren, with existing buildings behind the Board of Trade.

Property Size26,800 SF
Days on Market142

Property Features for 400 S Clark St

General Information

Standard status Pending
Size 26,800 SF
Property subtype Retail, Land
Zoning DC-16

Building Details

Stories 2
Listing Agency: Boardwalk Commercial Real Estate
Listed By: Bob Petrich · License #IL 471000390
Source: Crexi
Added: Apr 11 Changed: Aug 27 Last Checked: Aug 29 at 1:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Boardwalk Commercial Real Estate

Investment Insights

Based on property information with market context.

This offering presents commercial land parcels for redevelopment on the southwest corner of Clark St and Van Buren. The buildings are located behind the Board of Trade and the Financial market, and the seller is offering the parcels to a developer for a new construction project.

The existing structure provides two floors, with each floor described as 13,400 s.f. for a total of 26,800 s.f. Leases are identified as month to month. The property consists of two PINs and the stated RE Tax is $148,628.

The site is identified under DC-16 Downtown Core District, described as a district that supports high-rise Loop office buildings and also covers downtown stores, entertainment, and civic buildings, with allowance for residential buildings.

Key Highlights

  • Commercial parcels on the southwest corner of Clark St and Van Buren with existing buildings behind the Board of Trade and Financial Market
  • Two‑building setup with 13,400 SF per floor for a total of 26,800 SF
  • Month‑to‑month leases in place

Property Analytics

Current Use

The Smith Restaurant Americana Submarine Take-out & Catering Radical Storage - Luggage ... Storage Facility Bounce Luggage Storage ... Storage Facility

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home Buffet Tattoo & Piercing Shop Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

39,511
Businesses Nearby
661k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 51% Apparel 21% Hotels & Casinos 19% Shops & Services 6%
Nordstrom Apparel
136,729 visits/mo 0.2 miles
Starbucks Dining
132,317 visits/mo 0.4 miles
McDonald's Dining
65,567 visits/mo 0.2 miles
McDonald's Dining
52,443 visits/mo 0.5 miles
theWit Chicago - a DoubleTree by Hilton Hotel Hotels & Casinos
35,939 visits/mo 0.3 miles

Demographics for 60605, IL

34,071
Population
20,478
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
24,336
Density / Sq Mi
$118,403
Median Household Income
$82,091
Median Earnings
$2,402
Median Rent
$495,900
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial parcels at the southwest corner of Clark and Van Buren, with existing buildings behind the Board of Trade.
Where is this commercial land located?
The property is located at 400 S Clark St Chicago, IL.
What are key features of this property?
This property features: Commercial parcels on the southwest corner of Clark St and Van Buren with existing buildings behind the Board of Trade and Financial Market; Two‑building setup with 13,400 SF per floor for a total of 26,800 SF; Month‑to‑month leases in place
(708) 917-3333 Call to check price and availability
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