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About the Listing 87527 - 896543
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 $68,400 annually. That can be pushed to $135,000 JUST BY FILLING VACANCIES AND BRINGING RENTS TO MARKET! Apartment rents are well below market (long term tenants and relative in the other) & studio unit was recently renovated and rented out. Reach out to learn more about this asset.
Listing Highlights for 5239 N Damen Ave
Status
Active
Days on Site
316
Property Type
Commercial Sale
MLS ®
12203146
Year Built
1930
Total Square Footage
6,148
Lot/Acreage
0.08
County
Cook
Area
CHI - Lincoln Square
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Central Air,Window Unit(s)
- Heating: Central Heat/Indiv Controls,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 58X62
- Zoning: COMMR
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $13,903
- Taxes w/Assessments: N/A
- Tax/Property ID: 14072200160000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
5239 N Damen Ave Chicago, IL 60625
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