Property for Sale: 5239 N Damen, Chicago, IL 60625
$1,150,000
$1,150,000
5239 N Damen,
Chicago, IL 60625
$1,150,000
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Price:
$1,150,000
Est. payment: Skip to Mortgage Calculator
Type Commercial
Year Built 1930
City Chicago
County Cook
MLS 12203146
Status Active
Located on a corner lot in the up and coming neighborhood of Bowmanville, this mixed-use building is perfect for an investor or user looking for a home for their business. The property features (2) 2br/1ba apartments + (1) non-conforming studio unit - all located on the second floor. The ground floor features (3) commercial spaces. One is occupied through 10/1/2025 and the other two are vacant. Previously there had been a bar with both spaces combined, but now it's set up for an office/retail set up. Endless possibilities on this one. All units have individual HVAC & the roof is a tear off in 2024. Commercial spaces feature newer commercial windows as well. Current gross rents are $54,000 annually. That can be pushed to $119,400 JUST BY FILLING VACANCIES! Apartment rents are well below market (long term tenants and relative in the other) & studio unit is vacant as it was recently renovated. Reach out to learn more about this asset.
Lot & Building Features
Construction Brick
Cooling Central Air, Window Unit(s)
Tax Year 2023
Lot Dimensions 58X62 ft
Price History of 5239 Damen, Chicago, IL
Date | Name | Price | Difference |
---|---|---|---|
12/31/1969 | Listing Price | $1,150,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
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5239 Damen (MLS #12203146) is a commercial listing located in Chicago, IL. This property was listed on 11/04/2024 and has been priced for sale at $1,150,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: Horvath & Tremblay IL, LLC |