4848 N Clark Street, Chicago, IL 60640 - Photo 1

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$1,850,000 Contingent

For Sale
Contingent
Commercial
12,231 Sq. Ft.

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Property Description

Great Development Or Conversion Opportunity in Andersonville On An Oversized Lot! Three Story Mixed-Use Brick and Concrete 12,200 Sf Loft-Like Building With Large Freight Elevator. Full Basement With 8' Ceilings. Upper Floors Have Upwards Of 13' Ceilings and Stair Access To The Roof. Side Drive Leads To 8+ Outdoor Car Parking and A 4 Car Garage. Current C2-2 Zoning Allows For 11 Du's On The Upper Floors and Commercial Units On The First Floor. The F.A.R. Allows For A Max Interior Square Footage Of 24,200 Sf and A Building Height Of 50'. The Property Is Ideally Suited For A Creative Investor, Developer Or End-User. The Building Is Vacant and Is Being Sold "As-Is".

Full Property Details

Full Property Details for 4848 N Clark St

General

Price: $1,850,000
Taxes: $41,179 (2023)
Status: Contingent
Type: Commercial
Source: MRED
MLS ID: 12104315
Updated: 5/1/2025
Added to Site: 635 day(s) ago

Additional Information

Security/Safety: Alarm Monitored

Location

Area: CHI - Uptown
County: Cook
Driving Directions: Lawrence Avenue (4800N) to Clark Street, north to property.
Location Details: Chicago North

Heating & Cooling

Cooling Type: Central Air Conditioning, Central Individual
Heating Type: Central Heat/Individual Controls, Forced Air, Gas

Structural Information

Construction: Brick, Concrete, Stone
Exterior Const.: Brick, Concrete, Stone
Foundation: Brick/Mortar, Concrete Perimeter, Stone
Roof: Membrane
Loading: Exterior, Service Entrance
Stories/Levels: 3
Square Feet: 12,231
Year Built: 1936
Built Before 1978: Yes

Lot Features

Lot Size (Sq. Ft.): 11,441
Lot Dimensions: 87.03 x 131.46
Frontage: City Street
Zoning: COMMR

Financial Considerations

Security Deposit: Alarm Monitored
Assessment Year: 1936
Tax Amount: $41,179
Tax Year: 2023
Tenant Pays: Varies by Tenant

Disclosures and Reports

Property ID: 14083150450000

Listed by @properties Christie's International Real Estate

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Schools

Schools serving 4848 N Clark St

School District:Chicago Public School District 299

Name	Grades	Distance
McPherson Elementary School 4728 North Wolcott Avenue, Chicago, IL 60640	K-8	0.5 mi
Senn High School 5900 North Glenwood Avenue, Chicago, IL 60660	9-12	1.3 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4848 N Clark St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

1/28/2025

Price Reduced

$1,850,000

-7.38%

MLS

7/08/2024

Listed

$1,997,500

—

MLS

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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4848 N Clark Street, Chicago, IL 60640 (MLS# 12104315) is a Commercial property. 4848 N Clark Street is currently listed for $1,850,000 and was received on July 08, 2024. Want to learn more about 4848 N Clark Street? Do you have questions about finding other Commercial real estate for sale in Uptown? You can browse all Uptown real estate or contact a Coldwell Banker agent to request more information.

4848 N Clark St Chicago, IL 60640