Chicago, IL 60618 3541 N Damen Avenue
$1,100,000



19 more



















Presented By: Star Realty & Management
Home Details
Located in the highly sought-after Roscoe Village neighborhood of Chicago, this completely rehabbed legal 3-unit building offers an exceptional turnkey investment opportunity. Each unit features beautiful, condo-quality finishes, blending modern style with comfortable living. All three units are currently rented, providing immediate income, with Units 1 and 3 offering lease expirations later this year-creating flexibility for an owner-occupant or the ability to adjust rents. Long-term tenants are currently paying below-market rents, presenting a clear path for a new owner to realize strong upside potential. Ideally situated within walking distance to public transportation, including nearby train lines and major routes, this property is perfectly positioned for renters. Enjoy the convenience of having popular shops, restaurants, and vibrant nightlife just steps from your front door. The building also features a spacious deck, a beautifully maintained fenced yard with grass and patio space, and a 2-car garage. The seller currently covers all utilities for the building. A rare opportunity to own a fully updated, income-generating property in one of Chicago's most desirable neighborhoods.
Presented By: Star Realty & Management
Interior Features for 3541 N Damen Avenue
Bedrooms
Bedrooms Possible6
Total Bedrooms6
Bathrooms
Full Baths Building4
Half Baths Building
Total Baths4
Other Interior Features
BasementCrawl Space, Partial
Total Number of Units3
General for 3541 N Damen Avenue
Additional Parcels Y/NNo
Architectural StyleOther
CityChicago
Community FeaturesPark, Curbs, Gated, Sidewalks, Street Lights, Street Paved
Construction MaterialsVinyl Siding, Brick, Frame
ContingencyAttorney/Inspection
CountyCook
DirectionsJust south of Addison on Damen to Property
Elementary School District299
Garage Spaces2
Gross Income89400
HeatingNatural Gas
High School District299
MLS AreaCHI - North Center
Middle/Junior School District299
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount14666.27
Tax Year2024
Total Rooms14
TownshipLake View
ZoningMULTI
Exterior for 3541 N Damen Avenue
Foundation DetailsBrick/Mortar, Concrete Perimeter
Lot Dimensions25X125
Lot Size Acres0.07
Other EquipmentSecurity System, Intercom, CO Detectors, Ceiling Fan(s), Multiple Water Heaters
Parking FeaturesGarage Door Opener, Garage, Yes, Garage Owned, Detached
Total Parking2
Water SourceLake Michigan, Public
Waterfront Y/NNo
Additional Details
Price History
