6542 N Clark St Chicago, IL 60626
- Industrial properties
- 34,500 SF
- 0.21 lot acres
Current Use by Public Records
- Negril Jamaica Vidia - A Visual Encyclopedia & Directory / Travel Agency
- ParkChicago #487115 / Parking Lot & Garage
- learntomove.com / Moving Company
- Life Storage / Storage Facility
- Burrows Moving & Storage Company / Storage Facility
Property Details for 6542 N Clark St
- Year built
- 1920
- Lot size
- 0.21 lot acres
- Property size
- 34,500 SF
- Property type
- Industrial properties
- APN
- 11-31-414-049
- APU
- 1131414049
Description
This exceptional investment opportunity encompasses two strategically located Chicago properties at 6542 and 6550 N Clark St, Cook County, IL 60626. The first, a 44,220 sq ft building on a 9,121 sq ft lot at 6542 N Clark St, is a currently operating self-storage facility featuring 256 units (88% leased), a recently updated freight elevator, and two overhead doors. Built in 1920, this five-story building (plus basement) boasts a 12-foot clear height and is zoned B3-2. The second property, situated at 6550 N Clark St, presents a compelling redevelopment opportunity. This 14,285 sq ft building, constructed in 1916 and situated on a 14,810 sq ft lot, is currently vacant. Zoned B3-5, it offers a 20-foot clear height and two overhead doors. Approved plans exist for a four-story addition, increasing the building size to 49,018 gross square feet, plus an additional 35,000 square feet, and including 19 parking spaces. Alternatively, the existing structure could be renovated to accommodate 172 new storage units. Both properties benefit from a convenient location, with the second property situated at a lighted intersection with an existing curb cut. The asking price for this combined portfolio is $11,750,000. APN numbers are 11-31-414-049 and 11-31-414-048.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $860,000
- ML approach
- $975,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $959,000
Market price range: $125k - $1.53M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.672
- Latitude
- 42.0012
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA