6340 North Clark Street Chicago, IL 60660

$2,999,000
0.26
Acres
$2,999,000
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active
1/25
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6334-40 North Clark Street is a 2-story mixed-use investment property with three (3) street level retail units, leased by Gracie O'Malley's, a popular Chicago Bar with three downtown locations (Edgewater, Wicker Park, and Six Corners), Sauce and Bread Kitchen (SBK), and Co-op Sauce. Sauce and Bread Kitchen (SBK) owns and operates Co-op Sauce and the two adjacent suites are on the same lease. The apartments are comprised of twelve (12) residential units consisting of one (1) Studio unit, five (5), 1-Bedroom/1-Bathroom units, three (3), 2-Bedroom/1-Bathroom units, two (2), 3-Bedroom/2 Bathroom units, and one (1), 4-Bedroom/2-Bathroom unit. The Property also features a detached four bay garage, which can generate additional revenue. The property benefits from rehabbed commercial spaces, updated plumbing and electric, and a brand new tear off completed in 2024. With strong commercial tenants and 100% occupancy on the apartments, this stable investment presents plenty of additional upside.

6334-40 North Clark Street is a 2-story mixed-use investment property with three (3) street level retail units, leased by Gracie O'Malley's, a popular Chicago Bar with three downtown locations (Edgewater, Wicker Park, and Six Corners), Sauce and Bread Kitchen (SBK), and Co-op Sauce. Sauce and Bread Kitchen (SBK) owns and operates Co-op Sauce and the two adjacent suites are on the same lease. The apartments are comprised of twelve (12) residential units consisting of one (1) Studio unit, five (5), 1-Bedroom/1-Bathroom units, three (3), 2-Bedroom/1-Bathroom units, two (2), 3-Bedroom/2 Bathroom units, and one (1), 4-Bedroom/2-Bathroom unit. The Property also features a detached four bay garage, which can generate additional revenue. The property benefits from rehabbed commercial spaces, updated plumbing and electric, and a brand new tear off completed in 2024. With strong commercial tenants and 100% occupancy on the apartments, this stable investment presents plenty of additional upside.

  • Neighborhood
  • Type
  • County
    Cook
  • Area
    CHI - Edgewater
  • Tax Amount
    $32,927
  • Status
    Active
  • Listing #
    11997012
  • Built
    1917
  • Lot Size
    0.26
  • Listed on site
    59 days

Listed by:
Horvath & Tremblay IL, LLC

mls source logo © 2020 Midwest Real Estate Data LLC. All rights reserved. Listing courtesy of Horvath & Tremblay IL, LLC.
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Property details

Community Features

  • No HOA

Exterior features

  • No Pool

Property History

DateDays AgoEventNew Price
Apr 1, 20241 mo agoPrice decreased201,000 (6%)$2,999,000
Mar 5, 20242 mos agoNew on market$3,200,000
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