Chicago, IL 60622 949 N Damen Avenue

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Presented By: Compass
  • MLS# 12218309
  • 03/27/2024
  • Request Tour
  • Request Info
  • Beds • 7
  • SQFT • 4,134

Home Details

The ultimate investment opportunity awaits! This rare multi-unit compound offers two buildings for the price of one in a premier Chicago location-perfect for savvy investors or owner-occupants looking to maximize returns. Anchored by a stately 4-unit Greystone and complemented by a separate 2-unit coach house, the property features 13 bedrooms and 6 bathrooms across spacious, well-maintained layouts. Each unit blends modern comfort with timeless character, boasting hardwood floors, in-unit laundry, central air, and private decks. Outdoor living shines with a peaceful patio and koi fishpond, creating a true urban oasis. Located just steps from Chicago's best dining, shopping, nightlife, and transit, this property is unmatched in potential and location. With current rents well below market, there's immediate value-add upside-don't miss this rare opportunity to own one of the city's most versatile and income-generating properties. Schedule your private showing today!
Presented By: Compass

Interior Features for 949 N Damen Avenue

Other Interior Features

BasementFinished

General for 949 N Damen Avenue

Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CoolingCentral Air, Window Unit(s)
CountyCook
Current UseMulti-Family
DirectionsDamen Just South of Augusta
ElectricCircuit Breakers
Electric Expense1180
Fuel Expense
Gross Income114000
Insurance Expense4720
Lot Size Square Feet3150
MLS AreaCHI - West Town
MaintenanceExpense5000
ModificationTimestamp2025-06-18T21:58:01.592Z
Net Operating Income88521
Number Of Units Total6
Operating Expense25479
PossessionClosing, Tenant's Rights
Possible UseMulti-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount20376.5
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Heat
TownshipWest Chicago
Trash Expense1180
UtilitiesWater Available
Virtual TourClick here
Water Sewer Expense3420
Year Built1890
ZoningMULTI

Exterior for 949 N Damen Avenue

Building Area Total4134
Frontage TypeCity Street
Lot Dimensions25X126

Additional Details

Price History

Client Care

Price $1,724,900
MLS#12218309
List Date 03/27/2024
Property Type Multi-Family
Phone 847.485.2500
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