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Mixed-Use Value-Add Building
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5212 N Clark St, Chicago, IL 60640

Mixed-use building with five residential units and a ground-floor restaurant space with a finished basement.

Property SizeContact for details
Days on Market121

Property Features for 5212 N Clark St

General Information

Standard status Active
Property subtype Mixed Use

Additional Details

Road Access Yes
Multifamily Units 4

Amenities

hardwood floors
private decks
separate hot water tanks

Building Details

Year Renovated 2006
Tenancy Multi
Listing Agency: Essex Realty Group
Listed By: Jordan Gottlieb · License #IL 471013703
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 2:30PM

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 Essex Realty Group

Investment Insights

Based on property information with market context.

This mixed-use property consists of five units, including three 2-bedroom/1-bath apartments, one 1-bedroom/1-bath apartment, and one commercial space currently operated as a restaurant. The residential units were renovated in 2005/2006 with new kitchens and baths, tenant-paid HVAC, separate hot water tanks, and hardwood floors. Two rear apartments feature private decks, and the apartments are described as receiving lots of natural light.

The building is located on the west side of North Clark Street on an extra wide, extra deep lot in Chicago’s Andersonville neighborhood, a few doors north of Foster Avenue. Residents have quick access to multiple bus stops, and Red Line L stops are within 1 mile.

The restaurant space underwent an $800,000 renovation and includes 3,800 square feet on the ground floor with an additional 1,500 square foot finished basement.

Key Highlights

  • Mixed‑use building with 5 units: three 2 bed/1 bath apartments, one 1 bed/1 bath apartment, plus ground‑floor commercial restaurant space
  • Apartments renovated in 2005/2006 with new kitchens & baths, tenant‑paid HVAC, separate hot water tanks, and hardwood floors
  • Two rear apartments feature private decks

Property Analytics

Current Use

Gadabout Restaurant Joel Berman Architecture ... Interior Design James Lagucik DO Pediatrician

Suggested Use

Top Pick Nursing Home Home Appliance Store Catering Service Arcade & Gaming Center Tanning Salon (Bike/Boat/Book/etc) Store

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

4
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,914
Businesses Nearby

Demographics for 60640, IL

65,941
Population
40,850
Households
1.6
Avg Household Size
38
Median Age
63%
College-Educated
92%
High-School Grad
2.4 sq mi
ZIP Area
27,475
Density / Sq Mi
$71,030
Median Household Income
$59,264
Median Earnings
$1,374
Median Rent
$363,300
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 - Mixed-use building with five residential units and a ground-floor restaurant space with a finished basement.
Where is this mixed-use property located?
The property is located at 5212 N Clark St Chicago, IL.
What are key features of this property?
This property features: Mixed‑use building with 5 units: three 2 bed/1 bath apartments, one 1 bed/1 bath apartment, plus ground‑floor commercial restaurant space; Apartments renovated in 2005/2006 with new kitchens & baths, tenant‑paid HVAC, separate hot water tanks, and hardwood floors; Two rear apartments feature private decks
More about this property
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