5233-5239 N Damen Ave - Storefront Retail/Residential FOR SALE


Chicago, IL 60625
$1,150,000 USD
312-548-6823
5233-5239 N Damen Ave, Chicago, IL for Sale
$1,150,000 USD
Storefront Retail/Residential - FOR SALE
1/37
null | Request Cap Rate

5233-5239 N Damen Ave
Chicago, IL 60625


HIGHLIGHTS

  • Owner-User & Value-Add Opportunity
  • Superior Location & Amenities
  • Transit Oriented Location
  • Strong Location, Curb Appeal
  • Exceptional Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the mixed-use investment property located at 5233-5239 N Damen Avenue in Chicago, Illinois (the “Property”). The two-story building contains six (6) total units, consisting of three (3) commercial units, one (1), 3-Bedroom/1-Bathroom unit, one (1), 2-Bedroom/1-Bathroom unit and one (1) Studio (non-conforming unit) in 5,800 square feet of leasable space and 6,148 square feet of gross area on a 0.08-acre parcel. The parcel is zoned B1-2. 5233-5239 North Damen Avenue is well-located in a densely populated residential neighborhood just one block from Foster Avenue (US Highway 41. The Property is situated less than two miles from beautiful Foster Beach on Lake Michigan, and just one mile away from Lincoln Square, an up-and-coming Chicago neighborhood with a commercial corridor including retail, restaurants, entertainment, and public transportation. CTA service on the Brown and Red lines is available at the Damen (0.75 miles) and Argyle (1.25-miles) “L” Stations, respectively. The Property is also less than a mile from the Ravenswood Metra station (Union Pacific – North), which provides transportation to downtown Chicago to the south and Kenosha, Wisconsin to the North.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$187 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1932

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

-

APN/PARCEL ID

14-07-220-016-0000

ASK ABOUT THIS PROPERTY

John PrestonHorvath & TremblayMore Info
312-548-6823

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John PrestonHorvath & TremblayMore Info
312-548-6823

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.