5705-07 N. Clark

5705-07 N. Clark
Chicago, Illinois, 60660

Location

Andersonville

ASSET TYPE

Mixed-Use,Multi-Family

PRICE

$1,100,000

Property Description

This investment opportunity is an eight-unit (8) mixed-use property located in Andersonville on Chicago's north side. The property consists of two (2) ground level commercial spaces that are currently leased to an established restaurant operator and six (6) apartments. The apartment mix includes two (2) two-bedroom and four (4) studio apartments. There is also a 4-car garage in the back of the property. All of the units have hardwood flooring, individual furnaces and separately metered electric. There are also two-75 gallon hot water tanks that serve the building.

Recent updates to the property include the remodelled commercial space with a newer aluminum storefront, a new back porch, new roof, newer windows and recent tuckpointing. There is also an open patio in the back of the property. Surrounded by dozens of shops and restaurants, this property represents a terrific investment in one of the north side's most sought after neighborhoods.
  • 8 Units: 6 Apartments & 2 Commercial
  • Fully Leased
  • Individual Furnaces & Electric
  • Garage Parking
  • 8% Cash-On-Cash

Contact Kiser Group Listing Agent

Bill Baumann

bbaumann@kisergroup.com773.293.5070

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