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6600-6602 N Clark St
Chicago, IL 60626 Rogers Park

$2,295,000 USD

Apartments For Sale  •  15,450 SF

Property Details

  • Property Type Apartments
  • Total Building Size 15,450 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1927
  • Cap Rate 4.86 %
  • Zoning C2-2
70 Transit Score
94 Walk Score

Highlights

Rare find, amazing legacy building with 10 residential apartments and 2 storefront retail/office spaces.
Building is fully occupied with no issues with vacancy and long term tenants due to the great location and condition of the building and units.
Each of the residential apartments are all being used at 2 bedroom/ 1 bathroom units all with hardwood floors.
One of the commercial storefronts is a long time accounting firm who wants to stay on for a year or two with the new owner.
The second store front recently became vacant; a "vanilla box" ready for the next tenant.
This building has very little deferred maintenance, great condition and a longtime owner who is ready to retire soon.

Financial Summary (Actual)

Net Operating Income: $111,551 USD (2023)
Cap Rate: 4.86 %
Total Expenses: $53,449 USD

Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Security System
  • Heating
  • Vintage Building
  • Crown Molding
  • Kitchen
  • Hardwood Floors
  • Oven
  • Range
  • Tub/Shower
  • Carpet
  • Storage Space
  • Linen Closet
  • Public Transportation
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Rogers Park Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 2 min 12 min 0.6 mi
2 min 18 min 0.9 mi
Transit/SubwayDriveWalkDistance
Loyola Station (Red Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 13 min 0.6 mi
Rogers Park Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min 13 min 0.6 mi
Morse Station (Red Line - Chicago Transit Authority "L" Trains (The "L")) 3 min 17 min 0.9 mi
AirportDriveWalkDistance
Chicago O'Hare International 25 min - 14.1 mi
Chicago Midway International 32 min - 21.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: Surface
Included in Rent: Yes
Mike Levin 847-977-5389 @ Properties Commercial
Mike Levin 847-977-5389 @ Properties Commercial