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Andersonville Retail Portfolio - Chicago

4 Retail Properties in Chicago, IL

Executive Summary

Portfolio sale of four (4) contiguous retail properties on Clark Street in the heart of Chicago’s Andersonville neighborhood.
Strong mix of well established national and local tenants.
Extremely tight retail submarket with minimal vacancy and high barriers to entry.
Opportunity to control a large contiguous portion of Clark Street with future development upside.
In place rents compare favorably to recent neighborhood lease deals, suggesting room to boost income over time.
Well maintained buildings with minimal deferred maintenance needed.
Significant recent tenant investment in interior improvements (Starbucks, Jeni’s, Lonesome Rose).
Affluent retail trade area with strong neighborhood demographics.

Data Room Click Here to Access

Property Facts

Sale Type Investment or Owner User
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 18,221 SF
Total Land Area 0.49 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
5300 N Clark St, Chicago, IL 60640 Retail 3,801 SF 1901 -
5306 N Clark St, Chicago, IL 60640 Retail 3,800 SF 1923 -
5304 N Clark St, Chicago, IL 60640 Retail 4,200 SF 1913 -
5308-5310 N Clark St, Chicago, IL 60640 Retail 6,420 SF 1922 -
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  • Listing ID: 31724368

  • Date on Market: 07/05/2024

  • Last Updated:

  • Address: Andersonville Retail Portfolio - Chicago, Chicago, IL

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