Property profile

416 Clark St Chicago, IL 60654

OFF-MARKET
Retail properties & Spaces
1,678 SF
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Property summary

AI-generated overview

This exceptional retail opportunity presents 1,678 square feet of vacant space in a vibrant River North location on Clark Street. The property is zoned DX-7 and situated within Cook County. Two spaces are available, with a minimum divisible space of 600 square feet and a maximum contiguous space of 1,078 square feet. The main level boasts impressive 13-foot ceilings, creating a spacious and inviting atmosphere. An additional 600 square feet of basement space is also available, featuring 7-foot ceilings. This prime location benefits from high foot traffic, placing your business amidst a thriving hub of dining, nightlife, and entertainment. The property is ideally positioned between established businesses such as Boss Bar and Havana restaurant, and is in close proximity to other popular establishments including Levain Bakery, The Smith, Mercadito, Disco, Miki's Park, Celeste, and Joy District. The potential for sidewalk seating further enhances the appeal of this exceptional retail space. This is an unparalleled chance to establish your business in a high-demand, high-visibility area.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,678 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nightclub DJ & Entertainment
  • Nightclub DJ & Entertainment
  • Theater & Performing Art Venue Music Venue

Location

416 Clark St Chicago, IL 60654
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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