Clark Pawners & Jewelers makes short-term pawn loans at our shop at 2626 N Clark Street in Lincoln Park, Chicago. Bring an item and your identification, and our team will look at it in front of you and explain what we can offer. A pawn loan is secured by the item you bring, so there is no credit check. If you accept the offer, you receive cash the same day and a written pawn ticket. If you decide against it, you take your item home.
Ask about a pawn loan: call 773-528-7900, contact us before you visit, or just walk in during business hours. No appointment is needed.
How a pawn loan works at our counter
- Bring in the item you want to borrow against, along with your identification.
- We examine it in front of you, checking its condition and authenticity and, for precious metals, testing and weighing it.
- We explain the offer and put it in writing. There is no obligation to accept.
- If you take the loan, you receive cash the same day and a written pawn ticket that records the loan amount, the due date and the redemption terms.
- You repay the loan on or before the due date to get your item back.
If you would rather not borrow, ask us about selling the item instead. We can explain both options so you can choose. For a plain-language explainer, read how pawn shop loans work.
What you can use for a pawn loan
We consider gold, silver and platinum jewelry, diamonds, watches, coins and other precious metals. Some electronics may also qualify. Items with clear authenticity and strong resale demand often support stronger offers. Condition matters, but an item does not have to be in perfect shape to qualify.
Not sure whether something qualifies? Bring it in for a free evaluation. You can also see everything we buy.
How the loan amount is set
Loan offers are based on the item’s current market value, its condition and authenticity, and how much resale demand there is for it. Because those factors differ for every item, we need to see it before we can quote a figure. Paperwork helps: original boxes, certificates, grading reports and purchase receipts can support the evaluation. To see how value is worked out, read how pawn shops determine value.
Your pawn ticket: the terms in writing
Every pawn loan comes with a written pawn ticket that records the loan amount, the due date and the redemption terms. Read it before you accept, and ask us to explain anything you are unsure about.
For details about a specific loan, such as costs, due dates and what happens if you need more time, ask our team or call 773-528-7900. This page is general information, not legal advice. For what to bring, see what you need to sell or pawn in Chicago.
Renewing, redeeming and missing a due date
- To get your item back, repay the loan amount plus the interest and charges shown on your ticket on or before the due date.
- If you need more time, ask us about renewal or extension options before the due date. Your ticket shows what applies to your loan.
- Redemption terms and what happens if a loan is not repaid on time are set out in your written pawn ticket. Review it, and contact us before the due date if you think you will need more time.
Pawn or sell?
A pawn loan makes sense if you want your item back. If you are ready to part with it, a sale offer is often higher than a loan amount for the same item, because a loan has to allow for the chance it is not repaid. Our guide to pawning versus selling walks through the trade-offs. If you decide to sell, see our pages for gold, silver and platinum, jewelry, diamonds, watches and coins.
What to bring
- The item you want to borrow against.
- A valid government-issued photo ID. If you are unsure whether you need anything else, call us before you visit.
- Anything that came with the item: boxes, certificates, grading reports, appraisals or receipts.
For a full checklist, see what you need to sell or pawn in Chicago. You do not need an appointment.
Visit our Lincoln Park shop
- Address: 2626 N Clark Street, Chicago, IL 60614
- Phone: 773-528-7900
- Hours: Monday through Friday, 9 AM to 5:30 PM; Saturday, 10 AM to 5:30 PM; closed Sunday
Walk in any time during business hours. If you are bringing a large collection or a full estate, calling ahead helps us set aside time for you. You can also contact us online.
More guides on pawn loans
- How pawn shop loans work: the step-by-step explainer
- Pawn shop loans in Chicago: terms before you visit: what to expect from loan terms and costs
- Pawn shop interest rates in Illinois: how the cost of a pawn loan is worked out
- How pawn shops work: a wider overview of pawning, selling and buying
- Pawn vs. sell: choosing between a loan and a sale
- Pawn, payday and personal loans compared: how the options differ
Frequently asked questions
No. A pawn loan is secured by the item you bring, so approval is based on the item, not your credit history.
We evaluate your item during your visit and explain the offer. If you accept, you receive cash the same day.
We consider gold, silver and platinum jewelry, diamonds, watches, coins and other precious metals, and some electronics. Bring the item in and we will tell you what we can offer.
The offer is based on the item’s current market value, its condition and authenticity, and expected resale demand. We need to see the item before we can quote a figure.
The ticket records the loan amount, the due date and the redemption terms. Read it before you accept, and ask us to explain anything you are unsure about.
Ask our team about renewal or extension options before the due date. Your pawn ticket shows what applies to your loan.
Your pawn ticket sets out what applies if a loan is not repaid by the due date. Contact us before the due date if you think you will need more time, and ask us about renewal or extension options.
Redemption terms are set out in your written pawn ticket. Ask our team about timing when you pawn an item, so you know when you can collect it.
Bring a valid government-issued photo ID. If you are unsure whether you need anything else, call us at 773-528-7900 before you visit.
No. The evaluation is free, the offer is explained and written down, and you are welcome to take your item home.
Ask about a pawn loan today
Bring your item and identification to 2626 N Clark Street, call 773-528-7900, or contact us. We will look at it in front of you, explain the offer and put it in writing.
