6 S Clark Street, Chicago, IL 60603

Units: 4
Price / Unit: $748,750
Est. GRM: 6.85
Gross Income: $437,228

Property Overview

Located in downtown Chicago across from Chase Tower, 6 S. Clark stands out as a distinctive boutique mixed-use building with rare frontage along a prime section of Clark Street. The property includes a 3,419 Sq. Ft. retail space on the ground floor, along with a 3,487 Sq. Ft. lower level, both currently vacant and in a shell condition with existing black iron from its previous Wendy's occupancy. Floors 2-4, totaling 11,400 Sq. Ft., are leased. Additional income is also generated by a cell antenna on the roof. The building sits on a 4,108 Sq. Ft. lot with coveted DC-16 zoning, presenting an opportunity for high density redevelopment.

Investor Resource

Property Intelligence

Financial Snapshot

Reported Annual Income: $437,228
Estimated GRM: 6.85
Annual Taxes: $184,427 (2023)

Property Details

Units: 4
Building Size: 18,306 SF
Lot Size: 4,108 SF
Lot Dimensions: 4108
Stories: 4
Year Built: 1874
Building Age: New Rehab
Parcel Number: 17162040270000

Operations & Utilities

Heating: Forced Air
Cooling: Central Air
Electric: Other

Location & Use

County: Cook
Market Area: Chicago - Loop

Reported figures come from the listing source. When shown, estimated NOI and cap rate use reported income and expenses; estimated GRM uses asking price and reported income. All figures should be independently verified.