2139 North Damen Avenue

Chicago IL 60647

Multi-Family

Currently for sale - view listing

Overview

* PRIME BUCKTOWN INCOME-PRODUCING COMMERCIAL CONDO FOR SALE ON DAMEN NEAR LINCOLN YARDS * 1,500 Sq Ft recently renovated retail storefront currently NNN leased long-term to local well-established fitness tenant with favorable terms. Situated on high-profile retail corridor w/heavy foot traffic in heart of Bucktown between Armitage & Webster. In high-visibility location on ground floor of 4-story condo building w/13,000 VPD & Walk Score of 88. Stabilized newer construction retail property with strong cash flow (Gross Income = $39,915 / Net Income = $23,672), annual rent increases & 7-year renewal option offers excellent armchair investment opportunity. Prime location for future appreciation 5 blocks from $6 billion Lincoln Yards megadevelopment (delivery in 2024) provides unique buyer upside potential. Features open floor plan w/floor-to-ceiling windows, separate foyer entrance w/interior door, high ceilings, premium lighting throughout, steel rear door & double-locked rear gate. Includes 2 full bathrooms, changing room, storage room, laundry room & under-stair storage closet. In close proximity to dozens of established businesses, located opposite The Bristol, steps from The Royal Grocer & Co. and less than 1/2 block from I-90/94 / Kennedy Damen exit--just minutes to Downtown & O'Hare. B3-2 zoning allows for retail, office or restaurant use.

Features

2 bathrooms

Multi-Family

Happy sellers in Chicago

We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.

Local market activity for multi families in Chicago

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Nicole Plecas

at Compass

View listing

Sales:: (619) 566-0008

Quick Links

Terms & Conditions

Licensing

Sitemap