On Market 5140 N. Clark St.,
Chicago, IL

5140 N. Clark St.

Neighborhood

Andersonville

Number of Units

4

Price

$1,900,000

Highlights

  • Large 3 Bd/2 Ba Units
  • Prime Andersonville Location
  • Fully Occupied Apartments
  • Retail Space Occupied

Description

5140 North Clark is a four-unit mixed-use building located in the heart of Chicago’s Andersonville neighborhood. The property was built in 2007 and consists of three 1,800 square feet three bedroom/two bathroom units, a 1,400 square feet retail space, and four parking spaces. The retail space has been occupied by Unchartered Books since 2019.

The apartments offer new hardwood floors; new kitchens and bathrooms; in-unit laundry; individual HVACs; individual hot water heaters; gas fireplaces; and large private decks.

The apartment rents are materially below market. For example, the three-bedroom units average $3,259, while the market rents for competing units are $3,800.

5140 N. Clark St. is conveniently located 0.7 miles from the Argyle CTA Red Line Station and 0.7 miles from Winnemac Park and the Ravenswood Metra Station.