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    4806 Clark St Chicago, IL 60640

    Sponsored
    For Lease
    $23 SF/Yr

    2,068 sq ft storefront, high visibility

    Lot size:
    2,068 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,068 square foot retail space, built in 2016, presents a remarkable opportunity in the thriving Andersonville neighborhood. Located on a hard corner with significant frontage (68 feet on Clark and over 20 feet on Lawrence), this single-tenant storefront boasts unparalleled visibility and accessibility. The modern design features floor-to-ceiling, butt-joint glazed glass, creating an inviting and spacious atmosphere. Inside, 11'4" ceiling heights add to the sense of openness. The property includes ADA-compliant men's and women's restrooms. Zoned B3-2, this location offers a wide array of permitted business uses, free from liquor license moratoriums. Situated at the convergence of Andersonville, Lincoln Square, and Uptown, this property benefits from a densely populated area with high traffic counts along both Clark and Lawrence Avenues. Long-term leases are available, and professional property management ensures a smooth and efficient ownership experience. The lot size is 2,068 square feet, and the building is a single structure. This is a truly exceptional opportunity for a business seeking a high-impact location in a vibrant and desirable neighborhood.

    Property Features for 4806 Clark St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,068 SF

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    2,068 SF
    Rate per SF
    $23

    HighLights

    • 2,068 SF single‑tenant retail space in a prime location.
    • 2016 construction with a hard‑corner storefront featuring floor‑to‑ceiling glass and 11'4" ceilings.
    • B3‑2 zoning allows for diverse business uses, with no liquor license moratoriums.
    • High‑visibility location at the intersection of Andersonville, Lincoln Square, and Uptown neighborhoods, boasting excellent traffic counts.
    • Features ADA‑compliant restrooms and long‑term lease options are available.
    Property Profile Location Intelligence

    Current Use by Public Records

    StudioUs Art School

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.667579656562
    Latitude
    41.969261287775

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    FAQs

    What type of property is this?
    Restaurant - 2,068 sq ft storefront, high visibility
    Where is this restaurant located?
    The property is located at 4806 Clark St Chicago, IL.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: 2,068 SF single-tenant retail space in a prime location.; 2016 construction with a hard-corner storefront featuring floor-to-ceiling glass and 11'4" ceilings.; B3-2 zoning allows for diverse business uses, with no liquor license moratoriums.
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    4806 Clark St Chicago, IL 60640
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    Chicago, IL 60640
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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
    4806 Clark St Chicago, IL 60640
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