5228 N Clark St Chicago, IL 60640
Stabilized retail building in Chicago's Andersonville neighborhood.
Type:Retail
Property size:
13,853 SFLot size:
0.15 Acres- Added:
- Feb 23, 2026
- Days on Market:
- 37
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 5228 N Clark St
General Information
- Standard status
- Active
- Size
- 13,853 SF
- Lot size
- 0.15 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1909
Listing agent Mitchell Kiven License #IL 475.164486
Listing office Marcus & Millichap - Chicago Downtown
Listing date Feb 23, 2026
Source Crexi
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 Marcus & Millichap - Chicago Downtown
Overview
Andersonville Retail Building For Sale
Located in the heart of Chicago’s Andersonville neighborhood, 5228 N Clark Street is a retail building with 45 feet of frontage. The property features a white tile façade with internally illuminated channel signage. The rent roll is stabilized, with just under seven years of weighted average lease term. 2nd Street commenced their 10-year lease in 2024 with 3% annual increases, while Gus Giordano Dance School, who has operated here for 15 years, just extended for 5 years with 2.5% annual increases. Both tenants reimburse for real estate taxes, and 2nd Street operates on a fully NNN lease in which they also reimburse for 70% of all operating expenses. The property occupies a little over a standard Chicago double lot, straddling 6,534 square feet of land. The property is positioned at the 3-way controlled intersection where Farragut dead ends into Clark Street. The area has nearly 75,000 people living within one mile of this property. The building is located within a top-tier Chicago trade area, with income growth built into the lease structures.
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Places Nearby
- Christmas Tree 🎄 Lot — 2018 W Lawrence Ave, Chicago, IL 60625
- The Green Goose Shop — 5238 N Clark St, Chicago, IL 60640
- Clark Blooms — 5145 N Clark St, Chicago, IL 60640
- Yera's Lake View Florist — 5323 n sheridan rd, chicago, il 60640
- Yera's Lake View Florist — 1909 W Foster Ave, Chicago, IL 60640
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6687731
- Latitude
- 41.9771058
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Stabilized retail building in Chicago's Andersonville neighborhood.
Where is this storefront property located?
The property is located at 5228 N Clark St Chicago, IL.
What is the asking price?
The asking price for this property is $4,010,000.
What are key features of this property?
This property features: Prime location in the heart of Chicago's Andersonville neighborhood.; Highly stabilized rent roll with a weighted average lease term of just under seven years.; Significant near- and medium‑term income growth built into the lease structures.
