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5951 N Clark St
Chicago, IL 60660
Land For Sale
·
0.41 AC
Executive Summary
5951 N. Clark St. is a prominent 180’ x 100’ development site located along the Clark Street corridor in Chicago’s Edgewater neighborhood, just north of Andersonville. The property is currently zoned C1-2 Neighborhood Commercial District, which permits ground-floor commercial uses with residential units above. However, a buyer may choose to pursue rezoning for a higher-density residential development. All in-place leases contain cancellation provisions, providing flexibility for redevelopment.
The property is located approximately a five-minute walk from the new Peterson/Ridge Metra Station, providing direct access to Metra’s Union Pacific North Line, and is approximately 0.5 miles from the Thorndale CTA Red and Purple Line stations. Additional access is provided by multiple nearby bus routes and convenient connectivity to Lake Shore Drive and major North Side neighborhoods.
The surrounding area is characterized by a dense, walkable residential population, a vibrant retail and dining scene along Clark Street and nearby Andersonville, and continued residential investment throughout Edgewater and the broader North Side lakefront. With its large lot dimensions, alley access, and transit-oriented location, 5951 N. Clark St. presents a compelling opportunity for developers seeking to pursue a rezoning and deliver a new residential or mixed-use concept.
The property is located approximately a five-minute walk from the new Peterson/Ridge Metra Station, providing direct access to Metra’s Union Pacific North Line, and is approximately 0.5 miles from the Thorndale CTA Red and Purple Line stations. Additional access is provided by multiple nearby bus routes and convenient connectivity to Lake Shore Drive and major North Side neighborhoods.
The surrounding area is characterized by a dense, walkable residential population, a vibrant retail and dining scene along Clark Street and nearby Andersonville, and continued residential investment throughout Edgewater and the broader North Side lakefront. With its large lot dimensions, alley access, and transit-oriented location, 5951 N. Clark St. presents a compelling opportunity for developers seeking to pursue a rezoning and deliver a new residential or mixed-use concept.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.41 AC |
| Property Type | Land | ||
| Zoning | C1-2 - Retail storefronts allowing broader uses than B1 (liquor stores, warehouses, auto shops); residential apartments permitted above ground floor. | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.41 AC |
| Zoning | C1-2 - Retail storefronts allowing broader uses than B1 (liquor stores, warehouses, auto shops); residential apartments permitted above ground floor. |
1 Lot Available
Lot
| Price | $2,200,000 | Lot Size | 0.41 AC |
| Price Per AC | $5,324,001.81 |
| Price | $2,200,000 |
| Price Per AC | $5,324,001.81 |
| Lot Size | 0.41 AC |
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