ON MARKET – MULTI-FAMILY
5935 N. Clark St. Chicago, IL 60660
NEIGHBORHOOD
Edgewater
PRICE
Subject To Offer
NUMBER OF UNITS
52
CAP RATE
5.13%
PROPERTY LISTED

Essex Realty Group, Inc. is proud to exclusively market for sale 5935 N. Clark St. The Subject Property is located at the corner of Ridge Avenue and Clark Street, immediately north of Andersonville in the Edgewater neighborhood of Chicago. The 52-unit walk-up style, mixed-use building is comprised of thirty-four (34) studios, fifteen (15) 1Bd/1Ba units, three (3) 2Bd/1Ba units, 18,930 SF of commercial space and a 24-car garage.

It is also important to note that an investor can acquire the building in its entirety or simply purchase the multi-family portion and parking garage through a vertical subdivision.

LOCATION DETAILS

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HIGHLIGHTS
  • Acquire 52 units near Andersonville
  • Unit mix: (34) studios, (15) 1Bd/1Ba, (3) 2Bd/1Ba units, 18,930 SF commercial space, and a 24-car garage
  • Rental upside with multiple commercial value-add opportunities
  • 64% of units are renovated
LISTING BROKERS
Doug Imber
President
773.305.4902
Kate Varde
Principal
773.305.4908
Clay Maxfield
Director
773.305.4852