Chicago, IL 60647 1915-1917 N DAMEN Avenue
$1,150,000
15 more
Presented By: Village Realty, Inc.
SQFT • 3,160
Home Details
TWO UNIT FULLY LEASED RETAIL PROPERTY LOCATED IN A MIXED USE AREA WITH LOTS OF RESIDENTIAL AND BUSINESSES IN THE BUCKTOWN NEIGHBORHOOD OF CHICAGO. EXCELLENT INVESTMENT OPPORTUNITY TO OWN RETAIL WITH TWO GOOD TENANTS IN PLACE OR OCCUPY ONE AND LEASE THE OTHER. ELLAHOMME HOLISTIC MED SPA OCCUPIES UNIT 1915 AND MERCEDES BROW BAR OCCUPIES UNIT 1917. EACH UNIT HAS ITS OWN FURNACE AND HVAC UNITS. BOTH UNITS ARE SEPARATELY METERED. LOTS OF FOOT TRAFFIC UP AND DOWN DAMEN AVE. DEMOGRAPHICS ARE GREAT AND THERE ARE 12,700 CARS THAT DRIVE BY DAILY. ADD TO YOUR CURRENT REAL ESTATE PORTFOLIO WITH THIS 7.8% CAP RATE PROPERTY AND TRIPLE NNN LEASES. YOU CAN'T GO WRONG!
Presented By: Village Realty, Inc.
Interior Features for 1915-1917 N DAMEN Avenue
Other Interior Features
FlooringConcrete, Marble, Tile
General for 1915-1917 N DAMEN Avenue
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick, Concrete
CoolingCentral Air, Central Individual
CountyCook
Current UseCommercial, Medical/Dental
DirectionsARMITAGE AVENUE TO N. DAMEN AVENUE. GO SOUTH TO THE PROPERTY LOCATED ON EAST SIDE OF THE STREET.
ElectricCircuit Breakers, Service - 101 to 200 Amps
Gross Income129720
Leasable Area3160
Lot Size Square Feet6097
MLS AreaCHI - Logan Square
Net Operating Income89508
Number Of Units Total2
Operating Expense40209
PossessionClosing
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount34227
Tax Year2023
Tenant PaysAir Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Scavenger, Sewer
TownshipWest Chicago
UtilitiesNatural Gas Available, Water Available
Year Built2006
ZoningCOMMR
Exterior for 1915-1917 N DAMEN Avenue
Building Area Total3160
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street, Public Road, Signal Intersection, Paved
Lot DimensionsCOMMON
Additional Details
Price History
