Property profile

6653 Clark St Chicago, IL 60626

OFF-MARKET
Specialty properties
Property ID
US28-2305951
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Property summary

AI-generated overview

This exceptional mixed-use property at 6653 N. Clark St, Chicago, IL 60626, presents a compelling investment opportunity in the vibrant Rogers Park neighborhood. Listed at $750,000, this special purpose property comprises two street-level storefronts and four sizable apartments above, offering a versatile income stream. Currently, one storefront operates as a convenience store, while the other is vacant, presenting immediate potential for lease income. The four apartments, adaptable as either two- or three-bedroom units, provide additional rental revenue. The property includes six valuable parking spaces, a significant asset in this location. While the building requires repairs, this is reflected in the attractive asking price, making it an ideal project for a savvy investor seeking a value-add opportunity. Projected annual income is $187,200, translating to a projected monthly income of $15,600. This property is priced to sell, and serious inquiries are encouraged. Please note that the current tenant should not be disturbed. The property is located in Cook County and offers excellent potential for growth and return on investment. This is a rare chance to acquire a substantial mixed-use building in a thriving Chicago neighborhood.

Property profile

Verified
Property type Specialty properties
UPID US28-2305951

Cap rate & NOI

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

Location

6653 Clark St Chicago, IL 60626
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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