Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Property profile & analytics

642 Clark St Chicago, IL 60605

  • Residential income homes
  • 11,778 SF
  • 0.06 lot acres
Value Estimation
$4,755,000
Last Sale
Dec 23, 2020
$4,000,000
Location Intelligence
Property ID
US28-0988129
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Dwight Lofts / Student Housing Center / Apartment Complex
  • RiNo Bar / Bar
  • ParkChicago / Transportation Service
  • Columbia College Chicago / College
  • Boulevard Real Estate Brokerage Inc. / Real Estate Consultant / Commercial Real Estate Agency

Property Details for 642 Clark St

Year built
1878
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.06 lot acres
Property size
11,778 SF
Property type
Residential income homes
Property subtype
Small apartment buildings
APN
17-09-225-013
APU
1709225013

Description

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.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $5,265,000
  • CAP approach

    CAP return
    Estimation
    6%
    $3,955,000
    6.5%
    $4,210,000
    7%
    $3,625,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $3,915,000
    Geo Method
    $4,565,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $3,410,000
    Retail
    $4,610,000
    Mixed-Use
    $3,440,000
    Hospitality
    $4,440,000
    Educational
    $3,430,000
    Residential Income
    $3,785,000
    Energy
    $3,410,000
    Income-Based Land
    $3,410,000
    Food Service
    $4,000,000

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6316
Latitude
41.8937
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$31,179
$42,350
$109,237
$151,587
-
$423,500
$1,092,370
$1,515,870
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message