3541 N Damen Avenue Chicago, IL $ 1,250,000
3541 N Damen Avenue
$ 1,250,000
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3541 N Damen Avenue

Chicago, IL, 60618
$ 1,250,000
Bedrooms6 Baths4.0

Monthly Estimate*

$ 7,696

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Multi-Family Home for sale in Chicago, IL

for $1,250,000 with 6 bedrooms and 4 full baths. The lot size is 0.07.

Located in the highly sought-after Roscoe Village neighborhood of Chicago, this completely rehabbed legal 3-unit building offers an exceptional turnkey investment opportunity. Each unit features beautiful, condo-quality finishes, blending modern style with comfortable living. All three units are currently rented, providing immediate income, with Units 1 and 3 offering lease expirations later this year-creating flexibility for an owner-occupant or the ability to adjust rents. Long-term tenants are currently paying below-market rents, presenting a clear path for a new owner to realize strong upside potential. Ideally situated within walking distance to public transportation, including nearby train lines and major routes, this property is perfectly positioned for renters. Enjoy the convenience of having popular shops, restaurants, and vibrant nightlife just steps from your front door. The building also features a spacious deck, a beautifully maintained fenced yard with grass and patio space, and a 2-car garage. The seller currently covers all utilities for the building. A rare opportunity to own a fully updated, income-generating property in one of Chicago's most desirable neighborhoods.

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Multi-Family Active

Price

$ 1,250,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 14,666

Style

Lot Size

0.07

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12614188

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Asphalt
Zoning MULTI
Garage Spaces 2
Architectural Style Other
Construction Materials Vinyl Siding Brick Frame
Township Lake View
Tax Year 2024
Ownership Fee Simple
Gross Income 89400
Community Features Park Curbs Gated Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 14
Status New
Directions Just south of Addison on Damen to Property
City Chicago
High School District 299
MLS Area CHI - North Center
Tax Annual Amount 14666.27
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Crawl Space Partial
Total Bedrooms 6
Total Baths 4
Bedrooms Possible 6
Full Baths Building 4
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Garage Door Opener Garage Yes Garage Owned Detached
Water Source Lake Michigan Public
Total Parking 2
Foundation Details Brick/Mortar Concrete Perimeter
Lot Dimensions 25X125
Lot Size Acres 0.07
Waterfront Y/N N
Other Equipment Security System Intercom CO Detectors Ceiling Fan(s) Multiple Water Heaters
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* Excluded Features
List By
Star Realty & Management

Broker

tylerjamesweekes@gmail.com

Email

Affordability Calculator

$8,919
Per Month
86%
14%
0%
Monthly Principal & Interest
$7,696
Monthly Property Taxes
$1,222
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/9/2026$1,250,000 Listed Price

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3541 N Damen Avenue, Chicago, IL, 60618 is a Multi-Family Home for sale at $1,250,000 with a lot size of 0.07. 3541 N Damen Avenue has 6 bedrooms and 4.0 baths. The property's zip code is 60618 which is in Chicago, IL