2062 N Damen Avenue Chicago, IL $ 873,000
2062 N Damen Avenue
$ 873,000
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2062 N Damen Avenue

Chicago, IL, 60647
$ 873,000
Bedrooms-- Baths-- Sq 2,919
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Property for Rent in Chicago, IL

for $873,000. This 2,919 square foot property was built in 1903 on a lot size of 0.055096.

Calling all seasoned investors and owner-occupants! This mixed-use property in Bucktown presents a stable investment with strong long-term potential. Located in one of Chicago's most desirable neighborhoods, with steady population growth and rising rental rates, the property is near The 606 Trail, CTA Blue Line, I-90/94, and numerous restaurants, shops, and cafes. The street-level commercial space is leased to Fine Eats, a successful Thai restaurant with a secure lease through March 2027. The business has a proven track record, and the high-traffic location provides consistent income. The brick building ensures durability and minimal maintenance, supporting long-term stability. Upstairs, the residential apartment receives ample natural light and features a modern layout that feels separate from the commercial space below. The unit has been refreshed with new paint, deep cleaned, and maintained, making it ready for a new tenant or owner-occupant. Vaulted ceilings, well-kept appliances from 2012, and a private two-car garage enhance the functionality and appeal of the space. Recent improvements include a full building seal, new sump pump, and upgraded sewer piping completed in 2025, reducing future maintenance needs. With projected rental income exceeding $5,500 per month, the property provides immediate cash flow and long-term investment potential. This property offers flexibility for investors seeking a steady tenant, as well as the option to live upstairs while managing the commercial space below.

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Rental Active

Price

$ 873,000

Taxes

$ 14,477

Style

Lot Size

0.055096

Year Built

1903

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12418823

Features
General
Cooling Central Individual Window Unit(s)
Utilities Electricity Available Natural Gas Available Sewer Connected
Possession Closing
Roof Rubber
Zoning OTHER
Construction Materials Brick
Year Built 1903
Electric Service - 0 to 100 Amps
Tenant Pays Air Conditioning Electricity Heat
Stories Count 2
Township North Chicago
Tax Year 2023
Gross Income 66000
County Cook
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Possible Use Commercial Office Retail Other
Status Active
Directions Damen Ave. Just North of Armitage on the west side of the street.
City Chicago
Number Of Units Total 2
MLS Area CHI - Logan Square
Lot Size Square Feet 2400
Tax Annual Amount 14477
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Virtual Tour https://www.zillow.com/view-imx/4b16a4a8-c454-4b79-a9c5-dc9ad304473a?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Lease Type Net
Standard Status Active
Total Actual Rent 5500
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Interior
Flooring Tile Wood
Total Fireplaces 0
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Exterior
Water Source Municipal Water
Foundation Details Stone
Building Area Total 2919
Lot Dimensions 24 X 100
Frontage Type City Street
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* Excluded Features
List By
Exit Strategy Realty

Broker

caroline@carolinecrawfordrealty.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/2/2025$873,000 Listed Price

Map


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2062 N Damen Avenue, Chicago, IL, 60647 is a Property for Rent at $873,000 with 2,919 sqft and a lot size of 0.055096. 2062 N Damen Avenue was built in 1903. The property's zip code is 60647 which is in Chicago, IL