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400-410 S Clark St, Chicago, IL 60605

Historic urban property with retail-oriented zoning, multiple units, and partial occupancy for repositioning.

Property Size26,800 SF
Price / SF$108.21
Days on Market7

Property Features for 400-410 S Clark St

General Information

Standard status Active
Size 26,800 SF
Property subtype Mixed Use
Zoning DC-16
Occupancy 50%

Additional Details

Road Access Yes
Multifamily Units 16

Building Details

Year Built 1892
Buildings 1
Tenancy Multi
Listing Agency: Boardwalk Commercial Real Estate
Listed By: Bob Petrich · License #IL 471000390
Source: Crexi
Added: Sep 1 Changed: Sep 7 Last Checked: Sep 7 at 4:44AM

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.

Built in 1892, this historic mixed-use property contains 26,800 square feet and 16 units. The building is zoned DC-16 and currently reports 50% occupancy, providing a partially occupied configuration with retail and residential income potential supported by the existing unit count.

The property occupies an urban setting at Clark Street and Van Buren in downtown Chicago. Willis Tower, the Art Institute of Chicago, Millennium Park, State Street retail, dining, and entertainment are identified within the surrounding area. Its location places the building within The Loop and near established commercial, cultural, and visitor destinations.

Key Highlights

  • 26,800 SF historic mixed‑use building
  • 16 units within the property
  • Built in 1892

Property Analytics

Current Use

Storefront properties

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.

Lease Details

16
Residential units
50%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

39,511
Businesses Nearby

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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic urban property with retail-oriented zoning, multiple units, and partial occupancy for repositioning.
Where is this mixed-use property located?
The property is located at 400-410 S Clark St Chicago, IL.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 26,800 SF historic mixed‑use building; 16 units within the property; Built in 1892
(708) 917-3333 Call to check price and availability
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