Development Site with Extensive Street
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5238 N Clark St, Chicago, IL 60640
Commercial development site with an existing building and approximately 150 feet of frontage on Clark St.
Property SizeContact for details
Days on Market122
Property Features for 5238 N Clark St
General Information
Standard status
Active
Property subtype
Land, Retail
Listing Agency:
SVN Chicago Commercial
(312) 676-1866
Listed By:
Wayne Caplan · License #IL 475132248
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 4:09AM
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 SVN Chicago Commercial
Investment Insights
Based on property information with market context.
This commercial development site includes an approximately 22,500 SF land parcel with an existing approximately 19,000 SF building offering approximately 150 feet of frontage on Clark St. The property is currently occupied by Cheetah Gym and a local tavern.
Located just north of the intersection of Clark St and Foster, the site sits along a retail corridor featuring national and local tenants, including Starbucks, Chase, Walgreens, Potbelly, and AT&T, as well as Lady Gregory Restaurant, Women and Children First, Hopleaf, and Hamburger Mary’s.
The existing C1-2 zoning is noted as allowing an approximately 50,000 SF building, and the current operator indicates the possibility of leasing the entire building back to a new owner for cash flow.
Located just north of the intersection of Clark St and Foster, the site sits along a retail corridor featuring national and local tenants, including Starbucks, Chase, Walgreens, Potbelly, and AT&T, as well as Lady Gregory Restaurant, Women and Children First, Hopleaf, and Hamburger Mary’s.
The existing C1-2 zoning is noted as allowing an approximately 50,000 SF building, and the current operator indicates the possibility of leasing the entire building back to a new owner for cash flow.
Key Highlights
- Approx. 22,500 SF land site with an approx. 19,000 SF existing building
- Over 150 ft of frontage on Clark St, just north of Clark St & Foster
- C1‑2 zoning: allows for an approx. 50,000 SF building
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,914
Businesses Nearby
183k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 37%
Dining 32%
Groceries 26%
Home Improvements & Furnishings 4%
Jewel-Osco
Groceries
47,202 visits/mo
0.4 miles
McDonald's
Dining
21,895 visits/mo
0.5 miles
BP
Shops & Services
17,307 visits/mo
0.5 miles
Starbucks
Dining
11,272 visits/mo
0.1 miles
PetSmart
Shops & Services
8,845 visits/mo
0.4 miles
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 Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial development site with an existing building and approximately 150 feet of frontage on Clark St.
Where is this commercial land located?
The property is located at 5238 N Clark St Chicago, IL.
What are key features of this property?
This property features: Approx. 22,500 SF land site with an approx. 19,000 SF existing building; Over 150 ft of frontage on Clark St, just north of Clark St & Foster; C1‑2 zoning: allows for an approx. 50,000 SF building
