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    OFF-MARKET
    Commercial real estate

    6653 Clark St, Chicago, IL 60626

    Property ID
    US28-2305951
    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 Commercial real estate
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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