5346-5348 N Clark St
Chicago, IL 60640
5346-48 N Clark St. · Retail Property For Sale

SVN | Chicago Commercial is pleased to present 5346-48 N Clark St., an exciting redevelopment or owner-user opportunity in Chicago's idyllic Andersonville neighborhood. The 12,300 SF property sits on a deep (183') double-lot on Clark Street, offering a commanding street-front presence and many options for a new owner. The first floor and full basement are currently devoted to the iconic Swedish Bakery, a long-time neighborhood institution. The second floor features two 1-bed apartments, one two-bed apartment and more office/kitchen space. The building is ideal for a new restaurant or bar owner to take advantage of the existing infrastructure, or for a developer to revitalize the property to better serve the neighborhood's gentrifying demographics. A new owner will also be able to build up to 7,830 additional SF as of right under current zoning. Additionally, the property sits on a city of Chicago designated P (pedestrian) street which makes it eligible for Transit Oriented Development (TOD) zoning relief. This mixed-use property is situated on Clark Street in the heart of Chicago's Andersonville neighborhood on the city's north side. Only blocks from Lake Michigan, Andersonville is home to a thriving cultural and dining scene, with blocks of vibrant retail and diverse restaurants and bars. The subject property is located on the neighborhood's main north-south high street, making it very well-suited for a new owner/user bar or restaurant operator. The property is served by the #22 Clark St CTA bus, and is only 5 blocks (10-12 min. walk) from multiple CTA Red Line train stops.