Prime Retail/Office Condo for Sale or Lease:

4537 N Clark Street Chicago, IL 60640

4537 N Clark Street, Chicago, IL, 60640
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FOR SALE FOR LEASE
Property Type:
Street Retail
Amount:
$761,482
Last Verified:
Apr 30, 2024

Highlights


Description

Prime Retail/Office Condo for Sale or Lease: This magnificent well-built new construction 3,581 SF ground-floor commercial condo sits a block from the newly renovated Chase Park on the Clark Street corridor between Sunnyside and Wilson Avenues, connecting the Ravenswood, Uptown, and Andersonville neighborhoods. Perfect for daycare, medical office, veterinary services, soft goods, or service retail. The unit is vertically separate from the HOA with minimal fees, and its rare C zoning designation permits various business uses "By Right." 3 indoor garage spaces are also available for sale, and this property features an additional 623 SF private covered outdoor space and over 100’ of frontage. Be a part of the incredible revitalization of the North Clark Street corridor, which is experiencing an explosion in new businesses and property development.

Amenities | Social Infrastructure [1 Mile Walk]

10 grocery stores
15 parks
28 bars & pubs
16 fast food places
5 community centers
1 community garden
18 cafés & coffee shops
58 restaurants
21 banks
54 health & medical
15 schools
1 library

Area Tenants

Mariano's
The Gardner School
La Fitness
Crafty Beaver
Dunkin' Donuts
Spacca Napoli
O'Shaughnessy's
Lycée Français de Chicago
Walgreen's
Staples
Gorilla Sushi
Tiny Giants
Carol's Pub
Dollop
Jersey Mike's
DeVry University

Prime Retail/Office Condo for Sale or Lease: This magnificent well-built new construction 3,581 SF ground-floor commercial condo sits a block from the newly renovated Chase Park on the Clark Street corridor between Sunnyside and Wilson Avenues, connecting the Ravenswood, Uptown, and Andersonville neighborhoods. Perfect for daycare, medical office, veterinary services, soft goods, or service retail. The unit is vertically separate from the HOA with minimal fees, and its rare C zoning designation permits various business uses "By Right." Three indoor garage spaces are also available for sale, and this property features an additional 623 SF private covered outdoor space and over 100’ of frontage. Be a part of the incredible revitalization of the North Clark Street corridor, which is experiencing an explosion in new businesses and property development.

Amenities | Social Infrastructure [1 Mile Walk]

10 grocery stores
15 parks
28 bars & pubs
16 fast food places
5 community centers
1 community garden
18 cafés & coffee shops
58 restaurants
21 banks
54 health & medical
15 schools
1 library

Area Tenants

Mariano's
The Gardner School
La Fitness
Crafty Beaver
Dunkin' Donuts
Spacca Napoli
O'Shaughnessy's
Lycée Français de Chicago
Walgreen's
Staples
Gorilla Sushi
Tiny Giants
Carol's Pub
Dollop
Jersey Mike's
DeVry University

Ravenswood's history dates to the late 1800s when a real estate group developed the land to be a prime neighborhood for families and commuters--a reputation the area still holds today. Ravenswood is a local favorite nestled on the city's North Side, full of historic, architecturally inspiring homes and a renowned entertainment district. Ravenswood manages to capture the convenience of the city combined with the charm of a smaller town. With everything from a neighborhood-wide garage sale to a local art walk, this neighborhood cultivates a community among its residents. Thanks to a very active Chamber of Commerce, neighborhood festivals are scheduled year-round.

Amenities | Social Infrastructure [1 Mile Walk]

10 grocery stores
15 parks
28 bars & pubs
16 fast food places
5 community centers
1 community garden
18 cafés & coffee shops
58 restaurants
21 banks
54 health & medical
15 schools
1 library

Area Tenants

Mariano's
The Gardner School
La Fitness
Crafty Beaver
Dunkin' Donuts
Spacca Napoli
O'Shaughnessy's
Lycée Français de Chicago
Walgreen's
Staples
Gorilla Sushi
Tiny Giants
Carol's Pub
Dollop
Jersey Mike's
DeVry University


Year Built: 2024
Building Size: 3581sq ft
Lot Size: 0 acres


Documents

Brochure

Units for Lease

4537 N Clark Street
Space Available: 3581 SF
Lease Type: NNN

Price Per Sqft/Month: $25.00 - $30.00

Map of 4537 N Clark Street, Chicago, IL, 60640

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.