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    642 Clark St Chicago, IL 60605

    Sponsored
    For Lease
    Contact for pricing

    1915 sq ft Retail Space - Prime Location

    Lot size:
    1,915 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,915 square foot retail space is ideally situated at the base of a residential building in Chicago's vibrant Printer's Row neighborhood. The property offers a single-tenant occupancy, perfect for a variety of businesses. Its strategic location provides immediate co-tenancy with established businesses including Columbia College, Pat's Pizza, Paisan's, and Urban Pantry, ensuring high foot traffic and brand synergy. The space is a second-generation build-out, making it particularly well-suited for service-oriented tenants who may require minimal build-out costs. This adaptable layout presents a fantastic opportunity for small businesses seeking a prominent presence near the Loop, a central business district in Chicago. The property's convenient location offers easy access to public transportation, being within walking distance of both the CTA Blue and Red lines, ensuring excellent accessibility for both employees and customers. This location provides a unique blend of high visibility and convenient access, making it an attractive option for businesses seeking a thriving and well-connected location. The space is ready for immediate occupancy and presents a rare opportunity to establish a business in a highly desirable and established neighborhood.

    Property Features for 642 Clark St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,915 SF

    Unit(s) available at that property

    Space
    Size
    1,915 SF

    HighLights

    • 1,915 sq. ft. retail space in Chicago's Printer's Row.
    • Single‑tenant occupancy.
    • Excellent co‑tenancy with Columbia College, Pat's Pizza, Paisan's, and Urban Pantry.
    • Second‑generation space suitable for service‑oriented businesses.
    • Prime location near the Loop and CTA Blue and Red lines.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dwight Lofts Student Housing Center RiNo Bar Bar ParkChicago Transportation Service Columbia College Chicago College Boulevard Real Estate ... Real Estate Consultant

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.630622825301
    Latitude
    41.873777646119

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    FAQs

    What type of property is this?
    Restaurant - 1915 sq ft Retail Space - Prime Location
    Where is this restaurant located?
    The property is located at 642 Clark St Chicago, IL.
    What are key features of this property?
    This property features: 1,915 sq. ft. retail space in Chicago's Printer's Row.; Single-tenant occupancy.; Excellent co-tenancy with Columbia College, Pat's Pizza, Paisan's, and Urban Pantry.
    Request Owner's contact information
    642 Clark St Chicago, IL 60605
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    Chicago, IL 60605
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    642 Clark St Chicago, IL 60605
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