CHICAGO, IL - Essex Realty Group, Inc. is pleased to announce the sale of 5553 N. Clark Street, a mixed-use building located in Chicago's Andersonville neighborhood.
The property is currently comprised of four (4) 3 Bd/2 Ba apartments and one (1) restaurant totaling roughly 9,200 NRSF. The building is situated on a 10,100 SF lot that includes 12+parking spaces for the restaurant and tenants. The apartment units range from 1,500-1,600 SF and have all been rehabbed in the last few years. The restaurant has also been recently rehabbed and is roughly 3,000 SF and includes a full basement and patio.
The sale price was approximately $2,500,000.
Brian Kochendorfer and Brian Karmowski were the brokers on the transaction.
Since its founding in 1990, Essex has grown to become the Chicago area’s premier investment real estate brokerage company. Our expertise, integrity, and consultancy approach has resulted in our achieving the leading market share and earning the confidence of Chicago’s most prominent real estate investors. If you are seeking to buy or sell multi-family, mixed-use, retail, or other investment real estate, or simply require market information, we are committed to providing you with the highest level of service possible.