$7,470,000
6809 N Clark St
Wicker Park · Chicago, IL 60657
$343/sq ft26 days on market741 views35 saves
Key facts
- Interior
- 21,760 sq ft
- Lot
- 1.43 acres
- Year built
- 1946
- Property type
- Retail
- Price / sq ft
- $343/sq ft
- Annual taxes
- $147,910
- Days on market
- 26
Getting around
Walker's Paradise
Rider's Paradise
Very Bikeable
About this property
Stabilized retail property in one of Chicago's tightest submarkets, delivered with in-place income. Zoning and the signalized corner leave the door open for a future repositioning. Offers reviewed as received.
Investment summary
Investment summary
Cap rate
6.80%
Net operating income ÷ price
Net operating income
$507,960
Annual, after operating expenses
Cash-on-cash
+3.3%
$74,427 annual cash flow on $2,241,000 equity
19,366 sq ft leased of 21,760 sq ft
- Tenants
- 4
- Rentable area
- 21,760 sq ft
- Price / sq ft
- $343/sq ft
- WALE
- 4.3 yrs
- Lease type
- Absolute Net
- Building class
- Class B
- Zoning
- NS-1
- Parking
- 90 spaces
Cash-on-cash assumes 30% equity, a 6.75% fixed rate and 25-year amortisation — $433,533 of annual debt service. Illustrative only; underwrite with the actual rent roll and operating statements.
Features & amenities
Features & finishes
- Drive-Thru
- Signalized Corner
- Highway Frontage
- Corner Visibility
- 24/7 Card Access
Price history
Every listing event recorded for this property.
- Listed
- Sold
| Date | Event | Price |
|---|---|---|
| 2023-02-23 | Sold | $4,785,000 |
| 2026-06-29 | Listed | $7,470,000 |
Location
Wicker Park, Chicago — Cook County
Approximate location · Wicker Park
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Estimated monthly
$51,885/mo
- Principal & interest72%$37,380
- Property tax24%$12,326
- Home insurance4%$2,179
An estimate, not a quote. Insurance is seeded at 0.35% of the purchase price and excludes mortgage insurance, which most lenders require below 20% down.
Loan amount $5,976,000 · 30 yr · 6.40%