1915 N Damen Avenue Chicago, IL $ 1,060,000
1915 N Damen Avenue
$ 1,060,000
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1915 N Damen Avenue

Chicago, IL, 60647
$ 1,060,000
Baths0.0 Sq 3,160

Monthly Estimate*

$ 7,045

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Studio

Commercial Property for sale in Chicago, IL

for $1,060,000. This 3,160 square foot building was built in 2004 on a lot size of 0.137741.

Presenting two retail spaces in one investment portfolio right on Damen Avenue in Bucktown. Offering excellent exposure with high visibility, vehicle, and foot traffic, each individual space with storefront floor to ceiling windows. Occupied by two separate spa service businesses. 1915 is comprised of 1,674 SF with reception/waiting area, 8 treatment rooms (1 includes plumbing), 1 laundry room, and 1 ADA restroom. 1917 is comprised of 1,486 SF with reception/waiting area, 1 treatment room, 3 hair style stations, 4 eyelash/eyebrow stations, 2 shampoo stations, kitchen and 1 ADA restroom. Distinctively remodeled with a sharp black and white aesthetic with complementary marble epoxy floors. The building was built in 2006. The fully leased portfolio is offering a 6% cap based on triple net leases (net operating income of $90,890 with annual increases). Each unit is separately metered for gas, electric, and water and individual HVAC systems. Zoned B3-2. VPD 21,258. Demographics: POP 244,691 | HHI $$146,207 | POP AGE 19, 25-54. Join A'Pied Shoe Boutique and Truce by David Mor, joining Le Bouchon, Pompette, CLAUDIA and The Red Balloon Co through the Bucktown retail corridor of Damen Avenue. Portfolio includes both spaces 1915 and 1917. Please do not disturb operating businesses.

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Commercial Active

Price

$ 1,060,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 33,364

Style

Commercial

Lot Size

0.137741

Year Built

2004

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11928905

Features
General
Cooling Central Air Central Individual
Possession Immediate
Zoning COMMR
Construction Materials Brick
Year Built 2004
Electric Circuit Breakers Service - 101 to 200 Amps
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Taxes Insurance Scavenger Sewer
Stories 5
Property SubType Condominium
Tax Year 2022
Current Use Commercial
County Cook
Net Operating Income 90890
Property Type Commercial Sale Retail/Stores
Status Active
Directions Damen Ave south of Armitage Ave on the east side of Damen
City Chicago
NumberOfUnitsTotal 2
MLS Area CHI - Logan Square
Lot Size Square Feet 6000
Street Name Damen
Tax Annual Amount 33364
Water Sewer Expense 672
Additional Parcels Y/N N
Leasable Area 0
Days on Market 203
Lease Type Net
Standard Status Active
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Interior
Flooring Concrete Slate/Marble Tile
Street Suffix Avenue
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Exterior
Building Area Total 3160
Lot Dimensions COMMON
Frontage Type City Street
Exterior Brick
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* Excluded Features
List By
Century 21 S.G.R., Inc.

Broker

myra@century21sgr.com;myra.nim@gmail.com

Email

Affordability Calculator

$9,825
Per Month
72%
28%
0%
Monthly Principal & Interest
$7,045
Monthly Property Taxes
$2,780
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/16/2024$1,060,000 -7.83% Price Down
2/7/2024$1,150,000 -8.00% Price Down
11/11/2023$1,250,000 Listed Price

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1915 N Damen Avenue, Chicago, IL, 60647 is a Commercial Property for sale at $1,060,000 with 3,160 sqft and a lot size of 0.137741. 1915 N Damen Avenue is a studio with 0.0 baths and was built in 2004. The property's zip code is 60647 which is in Chicago, IL