$1,750,000
949 N Damen Avenue Chicago, IL 60622
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$1,750,000
Est. payment /mo
4,134 SqFt
Active
949 N Damen Avenue Chicago, IL 60622
UPDATED:
11/04/2024 02:09 AM
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 4,134 sqft
Price per Sqft $423
MLS Listing ID 12055092
Year Built 1890
Annual Tax Amount $10,809
Tax Year 2022
Lot Dimensions 25X126
Property Description
Discover an exceptional investment opportunity with this 6-unit property featuring a stately 4-unit Greystone front building and a charming 2-unit coach house. Located in the vibrant Ukrainian Village, this property has been meticulously remodeled to offer modern comforts while retaining its classic appeal. Each unit boasts hardwood floors, contemporary kitchens and bathrooms, and stainless steel appliances. Individual washers/dryers and gas forced air heating add convenience for tenants. High ceilings and large windows flood the units with natural light, and three units also feature central A/C for added comfort. The front building offers large private decks, perfect for relaxing or entertaining, with views of an above-ground pool, a serene pond, and a patio. Tenants cover all utilities except for water and trash, ensuring streamlined management. Enjoy a quick commute to downtown and easy access to Wicker Park's trendy restaurants, shopping, gyms, nightlife, Division Street, Marianos, Target, CTA Blue Line, and the 90/94 expressway. Convenient street parking is available. With current rents below market value, there is significant potential for increased cash flow. This property at 949 N Damen is an outstanding investment with high-quality features, desirable amenities, and an unbeatable location. Don't miss this rare opportunity to enhance your portfolio with a top-tier rental property.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Central Air, Window Unit(s)
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Rafay Qamar • Real Broker LLC
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