Active

1915 N Damen Avenue

Chicago IL, 60647

$1,150,000


$363.92 per sqft

Active

3,160 sqft

Commercial

Built in 2004

Courtesy of Century 21 S.G.R., Inc.

Presenting two retail spaces in one investment portfolio right on Damen Avenue in Bucktown. Offering excellent exposure with high visibility, vehicle, and foot traffic, each individual space with storefront floor to ceiling windows. Occupied by two separate spa service businesses. 1915 is comprised of 1,674 SF with reception/waiting area, 8 treatment rooms (1 includes plumbing), 1 laundry room, and 1 ADA restroom. 1917 is comprised of 1,486 SF with reception/waiting area, 1 treatment room, 3 hair style stations, 4 eyelash/eyebrow stations, 2 shampoo stations, kitchen and 1 ADA restroom. Distinctively remodeled with a sharp black and white aesthetic with complementary marble epoxy floors. The building was built in 2006. The fully leased portfolio is offering a 7% cap based on triple net leases (net operating income of $90,890 with annual increases). Each unit is separately metered for gas, electric, and water and individual HVAC systems. Zoned B3-2. VPD 21,258. Demographics: POP 244,691 | HHI $$146,207 | POP AGE 19, 25-54. Join A'Pied Shoe Boutique and Truce by David Mor, joining Le Bouchon, Pompette, CLAUDIA and The Red Balloon Co through the Bucktown retail corridor of Damen Avenue. Portfolio includes both spaces 1915 and 1917. Please do not disturb operating businesses.

11928905

MLS ID

November 10, 2023

Listed

March 28, 2024

Updated

Map

1915 N Damen Avenue
Chicago IL, 60647

Interior Features

Total Stories

5


Floor Description

Concrete, Slate/Marble, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Central Individual


Heating

No

Exterior/Building Features

Lot Size

0.14 Acres

Other Property Details

Area Name

CHI - Logan Square


Taxes

$33,364


Tax Frequency

Annually


Days on Market

96


Garage

No


View

No


County

Cook


Pool

No


Zoning

COMMR


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

2/8/2024

Price Change

$1,150,000

-8%

2/7/2024

Price Change

$1,150,000

-8%

Courtesy of Century 21 S.G.R., Inc., Myra Nimchaiyong,
Listing Contact: 773-575-2779 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than NiKo Collaborative are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 3/28/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 4:36 AM UTC, 3/28/2024

 

 

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