Mixed-Use 4-Unit Investment
For Sale
Contact for pricing
Pending
6156 N Clark, Chicago, IL 60660
100% occupied corner property with a restaurant, a bar, and two 3-bedroom apartments, plus a five-car parking lot.
Property SizeContact for details
Days on Market133
Property Features for 6156 N Clark
General Information
Standard status
Pending
Total Parking Spaces
5
Property subtype
Special Purpose
Zoning
B1-2
Occupancy
100%
Additional Details
Multifamily Units
2
Building Details
Tenancy
Multi
Listing Agency:
Coldwell Banker Commercial NRT Chicago
Listed By:
Bruce Heller · License #IL
Source:
Crexi
Added: Apr 12
Changed: Aug 12
Last Checked: Aug 22 at 6:25AM
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 Coldwell Banker Commercial NRT Chicago
Investment Insights
Based on property information with market context.
This 4-unit mixed-use property is 100% occupied and generates stable income from long-term tenants, including a restaurant, a bar, and two 3-bedroom apartments. One apartment includes a faux fireplace feature. The owners apartment has been highly upgraded with granite counters, stainless appliances, cove molding, a faux log fireplace, hardwood floors, a built-in bookcase in the dining room, and substantial closet space. The second apartment’s tenant owns the appliances (refrigerator, stove, and washer/dryer).
The property is a stoplight corner parcel with a five-car parking lot. Commercial tenants are on 5-year leases through 8/2027 with 3% annual increases. The property is located within B1-2 zoning and is noted as being in a TIF District, which may provide tax benefits. The water bill is split between the restaurant, bar, and apartments.
For the upgraded owner-occupied unit, the owners unit rent is estimated at $2,500 per month, according to the provided information. The property is currently configured for a potential owner-occupancy scenario in the upgraded apartment.
The property is a stoplight corner parcel with a five-car parking lot. Commercial tenants are on 5-year leases through 8/2027 with 3% annual increases. The property is located within B1-2 zoning and is noted as being in a TIF District, which may provide tax benefits. The water bill is split between the restaurant, bar, and apartments.
For the upgraded owner-occupied unit, the owners unit rent is estimated at $2,500 per month, according to the provided information. The property is currently configured for a potential owner-occupancy scenario in the upgraded apartment.
Key Highlights
- 100% occupied 4‑unit mixed‑use property with a restaurant, a bar, and two 3‑bedroom apartments
- Commercial tenants have 5‑year leases through 8/2027 with 3% annual increases
- Corner parcel with B1‑2 zoning and a stoplight location for high exposure
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,955
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60660, IL
42,534
Population
23,508
Households
1.8
Avg Household Size
38
Median Age
57%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
32,718
Density / Sq Mi
$66,206
Median Household Income
$46,871
Median Earnings
$1,286
Median Rent
$287,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - 100% occupied corner property with a restaurant, a bar, and two 3-bedroom apartments, plus a five-car parking lot.
Where is this conventional restaurant located?
The property is located at 6156 N Clark Chicago, IL.
What are key features of this property?
This property features: 100% occupied 4‑unit mixed‑use property with a restaurant, a bar, and two 3‑bedroom apartments; Commercial tenants have 5‑year leases through 8/2027 with 3% annual increases; Corner parcel with B1‑2 zoning and a stoplight location for high exposure
