Chicago, IL 60647 2062 N Damen Avenue

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Presented By: EXIT Strategy Realty
  • MLS# 12418823
  • 09/02/2025
  • Request Tour
  • Request Info
  • SQFT • 2,919

Home Details

Calling all seasoned investors and owner-occupants! This mixed-use property in Bucktown presents a stable investment with strong long-term potential. Located in one of Chicago's most desirable neighborhoods, with steady population growth and rising rental rates, the property is near The 606 Trail, CTA Blue Line, I-90/94, and numerous restaurants, shops, and cafes. The street-level commercial space is leased to Fine Eats, a successful Thai restaurant with a secure lease through March 2027. The business has a proven track record, and the high-traffic location provides consistent income. The brick building ensures durability and minimal maintenance, supporting long-term stability. Upstairs, the residential apartment receives ample natural light and features a modern layout that feels separate from the commercial space below. The unit has been refreshed with new paint, deep cleaned, and maintained, making it ready for a new tenant or owner-occupant. Vaulted ceilings, well-kept appliances from 2012, and a private two-car garage enhance the functionality and appeal of the space. Recent improvements include a full building seal, new sump pump, and upgraded sewer piping completed in 2025, reducing future maintenance needs. With projected rental income exceeding $5,500 per month, the property provides immediate cash flow and long-term investment potential. This property offers flexibility for investors seeking a steady tenant, as well as the option to live upstairs while managing the commercial space below.
Presented By: EXIT Strategy Realty

Interior Features for 2062 N Damen Avenue

Other Interior Features

FlooringTile, Wood
Total Fireplaces

General for 2062 N Damen Avenue

Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CoolingCentral Individual, Window Unit(s)
CountyCook
DirectionsDamen Ave. Just North of Armitage on the west side of the street.
ElectricService - 0 to 100 Amps
Electric Expense
Fuel Expense
Gross Income66000
Insurance Expense
Lease TypeNet
Lot Size Square Feet2400
MLS AreaCHI - Logan Square
ModificationTimestamp2025-09-13T22:33:01.548Z
Number Of Units Total2
PossessionClosing
Possible UseCommercial, Office, Retail, Other
Property TypeCommercial Sale
Property TypeMixed Use
RoofRubber
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount14477
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Heat
Total Actual Rent5500
TownshipNorth Chicago
Trash Expense0
UtilitiesElectricity Available, Natural Gas Available, Sewer Connected
Virtual TourClick here
Water Sewer Expense0
Year Built1903
ZoningOTHER

Exterior for 2062 N Damen Avenue

Building Area Total2919
Foundation DetailsStone
Frontage TypeCity Street
Lot Dimensions24 X 100
Water SourceMunicipal Water

Additional Details

Price History

Client Care

Price $873,000
MLS#12418823
List Date 09/02/2025
Property Type Commercial
Phone 847.485.2500
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