Illinois
Chicago
1915-1917 N DAMEN Avenue

$1,100,000

1915-1917 N DAMEN Avenue, Chicago, IL 60647

3,160 sqft

Commercial Property
Built in 2006
6,098sqft lot
—— car garage
$348/sqft
Listed 3 months ago

Property Description

TWO UNIT FULLY LEASED RETAIL PROPERTY LOCATED IN A MIXED USE AREA WITH LOTS OF RESIDENTIAL AND BUSINESSES IN THE BUCKTOWN NEIGHBORHOOD OF CHICAGO. EXCELLENT INVESTMENT OPPORTUNITY TO OWN RETAIL WITH TWO GOOD TENANTS IN PLACE OR OCCUPY ONE AND LEASE THE OTHER. ELLAHOMME HOLISTIC MED SPA OCCUPIES UNIT 1915 AND MERCEDES BROW BAR OCCUPIES UNIT 1917. BOTH LEASES EXPIRE 12/31/2028 WITH ANNUAL INCREASES. EACH UNIT HAS ITS OWN FURNACE AND HVAC UNITS. BOTH UNITS ARE SEPARATELY METERED. LOTS OF FOOT TRAFFIC UP AND DOWN DAMEN AVE. DEMOGRAPHICS ARE GREAT AND THERE ARE 12,700 CARS THAT DRIVE BY DAILY. ADD TO YOUR CURRENT REAL ESTATE PORTFOLIO WITH THIS 8.1% CAP RATE PROPERTY AND TRIPLE NNN LEASES. YOU CAN'T GO WRONG!

Listing Status:: Active
Listing Office:: Village Realty, Inc. : 708-560-3499
Listing Agent:: Ruben Vallejo : 708-560-3499
MLS ID:: 12326012

Flooring: ConcreteMarbleTile
A/C: Central AirCentral Individual

This listing courtesy of Ruben Vallejo, Village Realty, Inc.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Drummond Elementary School

1845 W Cortland St, Chicago, IL, 60622

Grades PK-8

0.15 miles away

Drummond Elementary School

1845 W Cortland St, Chicago, IL, 60622

Grades PK-8

0.15 miles away

Clemente Community Academy High School

1147 N Western Ave, Chicago, IL, 60622

Grades 9-12

1.06 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.