5140 N Clark St

Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Fully-stabilized mixed-use building for sale in the heart of Andersonville. Built in 2007, this fully-leased four-unit property includes four parking spaces in the rear. The building includes a 1,400 SF ground-floor retail space, now occupied by a long-standing community tenant, along with three 1,800 SF residential units above. The commercial tenant is on a Modified Gross lease with 3% annual escalations on rent. Each apartment features 3 bedrooms and 2 bathrooms, complemented by a high ceiling,...Fully-stabilized mixed-use building for sale in the heart of Andersonville. Built in 2007, this fully-leased four-unit property includes four parking spaces in the rear. The building includes a 1,400 SF ground-floor retail space, now occupied by a long-standing community tenant, along with three 1,800 SF residential units above. The commercial tenant is on a Modified Gross lease with 3% annual escalations on rent. Each apartment features 3 bedrooms and 2 bathrooms, complemented by a high ceiling, modern kitchens and baths, hardwood flooring, in-unit laundry, gas fireplaces, central HVAC, individual hot water heaters, generous private decks and a private storage. Located just steps from the vibrant Clark & Foster intersection and steps from neighborhood favorite Hopleaf, the property is surrounded by a thriving mix of restaurants, cafes, and boutique retailers. Total Annual Rental Income is $205K. Don't miss the opportunity to own this income-generating asset in a premier location.

Property Details for 5140 North Clark Street

Area
CHI - Uptown
Air Conditioning Type
Central Air
Num of Interior Fireplaces
3
LISTING UPDATED: 09/18/2025 01:00 PM

Property Details for 5140 North Clark Street

StatusActive
MLS #12431680
Days on Market262
Taxes$26,622 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built2005
Lot Size0.08 AC / 3,480 SF
CountyCook County

Location

Listing Courtesy of Strauss Realty Ltd
Add your commute

Building Information for 5140 North Clark Street

Stories4Residences4Year Built2005Lot Size0.08 AC / 3,480 SF

Payment Calculator

$12,697 per month

30 year fixed, 6.15% Interest

Principal and Interest

$10,479

Property Taxes

$2,219

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5140 North Clark Street

General Information
Location and General Information
  • Geographic Locale: Chicago North
  • Information: 24-Hr Notice Required,List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers, Separate Meters, Over 600 Amps
  • # Of Washers: 3
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas
  • # Of Refrigerators: 3
  • # Of Dryers: 3
  • # Of Disposals: 3
  • # Of Dishwashers: 3
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 3
Property/Lot Information
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: No
  • Approximate Age: 16-25 Years
  • Lot Dimensions: 25' X 140'
  • Lot Size Square Feet: 3480.0
  • Stories: 4
  • Fire Protection: Other,None
  • # Of Offices: 0
  • Retail SqFt: 1400
  • # Of Ranges: 3
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2025-09-18T17:58:24
  • Photos Count: 14
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $999.00
  • Gross Scheduled Income: $205,200.00
  • Insurance Expense: $.00
  • Total Monthly Income: 16700
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 5140 North Clark Street

DateEvent & SourcePriceAppreciation
Jul 28, 2025

Listed (Active)

MRED #12431680

$2,150,000
Jul 24, 2025

Cancelled

MRED #12290517

$2,150,000
Feb 17, 2025

Listed (Active)

MRED #12290517

$2,150,000
Dec 15, 2024

Expired

MRED #12032164

$1,900,000
Apr 18, 2024

Listed (Active)

MRED #12032164

$1,900,000
Jan 27, 2015

Cancelled

MRED #08540314

$1,375,000
Feb 19, 2014

Listed (Active)

MRED #08540314

$1,375,000
DateEvent & SourcePrice
07/28/2025

Listed (Active)

MRED #12431680

$2,150,000
07/24/2025

Cancelled

MRED #12290517

$2,150,000
02/17/2025

Listed (Active)

MRED #12290517

$2,150,000
12/15/2024

Expired

MRED #12032164

$1,900,000
04/18/2024

Listed (Active)

MRED #12032164

$1,900,000
01/27/2015

Cancelled

MRED #08540314

$1,375,000
02/19/2014

Listed (Active)

MRED #08540314

$1,375,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5140 North Clark Street

Taxable ValueLand$27,840Additions$92,160Total$120,000
Tax Record2023$26,622 ($2,218 / month)
Home Facts
Baths9Total Finished SqFt7,476 SqFtAbove Grade Finished SqFt7,476 SqFtStories3Lot Size3,480 SqFtStyleMulti-Family Res (5+ Units)Year Built2007CountyCOOKAPN14-08-300-017

Schools near 5140 North Clark Street

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 8
Charter - 9 to 12
Rating
School
Distance
McPherson Elementary School
PublicPK to 8

Senn High School
Public9 to 12

Passages Elementary Charter School
CharterK to 8

YCCS-Truman Middle College HS
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

5140 North Clark Street is a mixed use property for sale in Chicago, IL 60640. This property was listed for sale on July 28, 2025 by Strauss Realty Ltd, it's currently listed at $2,150,000. This listing's school district is Chicago Public Schools. Nearby schools include McPherson Elementary School, Senn High School and Passages Elementary Charter School. 5140 North Clark Street is a 0-bed, 0-bath, mixed use property built in 2005.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Strauss Realty Ltd

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 09/18/2025 01:00 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.