1915-1917 N DAMEN Avenue Chicago, IL $ 999,999
1915-1917 N DAMEN Avenue
$ 999,999
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1915-1917 N DAMEN Avenue

Chicago, IL, 60647
$ 999,999
Bedrooms-- Baths-- Sq 3,160

Monthly Estimate*

$ 6,239

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Commercial Property for sale in Chicago, IL

for $999,999. This 3,160 square foot building was built in 2006 on a lot size of 0.139968.

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!

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Commercial Active

Price

$ 999,999

Property Type

Commercial

Taxes

$ 34,227

Style

Commercial,Medical/Dental

Lot Size

0.139968

Year Built

2006

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12326012

Features
General
Cooling Central Air Central Individual
Utilities Electric to Site Natural Gas Available Water Available
Possession Closing
Zoning COMMR
Construction Materials Brick Concrete
Year Built 2006
Electric Circuit Breakers Service - 101 to 200 Amps
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Taxes Insurance Scavenger Sewer
Stories Count 1
Township West Chicago
Tax Year 2023
Current Use Commercial Medical/Dental
Gross Income 129720
County Cook
Net Operating Income 89508
Operating Expense 40209
Property Type Commercial Sale Retail/Stores
Status Active
Directions ARMITAGE AVENUE TO N. DAMEN AVENUE. GO SOUTH TO THE PROPERTY LOCATED ON EAST SIDE OF THE STREET.
City Chicago
Number Of Units Total 2
MLS Area CHI - Logan Square
Lot Size Square Feet 6097
Tax Annual Amount 34227
Additional Parcels Y/N N
Leasable Area 3160
Standard Status Active
Cap Rate 8.1
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Interior
Flooring Concrete Marble Tile
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 3160
Lot Dimensions COMMON
Frontage Type City Street Public Road Signal Intersection Paved
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* Excluded Features
List By
Village Realty, Inc.

Broker

ruvallejo18@gmail.com; ruben@vrsrealty.com

Email

Affordability Calculator

$9,091
Per Month
69%
31%
0%
Monthly Principal & Interest
$6,239
Monthly Property Taxes
$2,852
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
10/29/2025$999,999 -9.09% Price Down
5/29/2025$1,100,000 -4.35% Price Down
4/1/2025$1,150,000 Listed Price

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1915-1917 N DAMEN Avenue, Chicago, IL, 60647 is a Commercial Property for sale at $999,999 with 3,160 sqft and a lot size of 0.139968. 1915-1917 N DAMEN Avenue was built in 2006. The property's zip code is 60647 which is in Chicago, IL