949 N Damen Avenue Chicago, IL $ 1,724,900
949 N Damen Avenue
$ 1,724,900
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949 N Damen Avenue

Chicago, IL, 60622
$ 1,724,900
Bedrooms7 Baths0.0 Sq 4,134

Monthly Estimate*

$ 10,761

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Multi-Family Home for sale in Chicago, IL

for $1,724,900 with 7 bedrooms. This 4,134 square foot home was built in 1890 on a lot size of 0.072314.

The ultimate investment opportunity awaits! This rare multi-unit compound offers two buildings for the price of one in a premier Chicago location-perfect for savvy investors or owner-occupants looking to maximize returns. Anchored by a stately 4-unit Greystone and complemented by a separate 2-unit coach house, the property features 13 bedrooms and 6 bathrooms across spacious, well-maintained layouts. Each unit blends modern comfort with timeless character, boasting hardwood floors, in-unit laundry, central air, and private decks. Outdoor living shines with a peaceful patio and koi fishpond, creating a true urban oasis. Located just steps from Chicago's best dining, shopping, nightlife, and transit, this property is unmatched in potential and location. With current rents well below market, there's immediate value-add upside-don't miss this rare opportunity to own one of the city's most versatile and income-generating properties. Schedule your private showing today!

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Multi-Family Pending

Price

$ 1,724,900

Bedrooms

7

Property Type

Multi-Family

Taxes

$ 20,376

Style

Multi-Family

Lot Size

0.072314

Year Built

1890

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12218309

Features
General
Cooling Central Air Window Unit(s)
Utilities Water Available
Possession Closing Tenant's Rights
Zoning MULTI
Construction Materials Brick
Year Built 1890
Electric Circuit Breakers
Tenant Pays Air Conditioning Electricity Heat
Stories Count 3
Township West Chicago
Tax Year 2023
Current Use Multi-Family
Gross Income 114000
County Cook
Net Operating Income 88521
Operating Expense 25479
Insurance Expense 4720
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 5000
Possible Use Condominium Multi-Family
Status Pending
Directions Damen Just South of Augusta
City Chicago
Number Of Units Total 6
MLS Area CHI - West Town
Lot Size Square Feet 3150
Tax Annual Amount 20376.5
Electric Expense 1180
Fuel Expense 0
Trash Expense 1180
Water Sewer Expense 3420
Additional Parcels Y/N N
Standard Status Pending
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Interior
Basement Finished
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Exterior
Building Area Total 4134
Lot Dimensions 25X126
Frontage Type City Street
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* Excluded Features
List By
Compass

Broker

mcpineda2019@gmail.com;manuel.pineda@compass.com

Email

Affordability Calculator

$12,459
Per Month
86%
14%
0%
Monthly Principal & Interest
$10,761
Monthly Property Taxes
$1,698
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/2/2025$1,724,900 -0.01% Price Down
3/27/2025$1,725,000 Listed Price

Map


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949 N Damen Avenue, Chicago, IL, 60622 is a Multi-Family Home for sale at $1,724,900 with 4,134 sqft and a lot size of 0.072314. 949 N Damen Avenue has 7 bedrooms, 0.0 baths, and was built in 1890. The property's zip code is 60622 which is in Chicago, IL