1915-1917 North Damen Avenue, Chicago, IL

$1,100,000

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About 1915-1917 North Damen Avenue

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!

Features of 1915-1917 North Damen Avenue

MLS® # 12326012
Price $1,100,000
Bathrooms 0.00
Acres 0.00
Year Built 2006
Type Commercial Sale
Sub-Type Retail/Stores
Status Active

Community Information

Address 1915-1917 North Damen Avenue
Area CHI - Logan Square
City Chicago
County Cook
State IL
Zip Code 60647

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air, Central Individual
Fireplace No
Has Basement No

Exterior

Exterior Brick, Concrete
Foundation Concrete Perimeter

Additional Information

Days on Market 197
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeVillage Realty, Inc.
Contact InfoMike@mikeglennhomes.com

Listing Map

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