$324,000 - $396,000
●
Commercial -
Off Market
2139 N Damen Avenue #C1
Chicago, IL 60647
Studio
0 Bath
6000 Sqft
About This Property
* PRIME BUCKTOWN INCOME-PRODUCING COMMERCIAL CONDO FOR SALE ON
DAMEN NEAR LINCOLN YARDS * 1,500 Sq Ft recently renovated retail
storefront currently NNN leased long-term to local well-established
fitness tenant with favorable terms. Situated on high-profile
retail corridor w/heavy foot traffic in heart of Bucktown between
Armitage & Webster. In high-visibility location on ground floor of
4-story condo building w/13,000 VPD & Walk Score of 88. Stabilized
newer construction retail property with strong cash flow (2024
Gross Income = $42,056 / Net Income = $25,479), annual rent
increases & 7-year renewal option offers excellent armchair
investment opportunity. Prime location for future appreciation 5
blocks from $6 billion Lincoln Yards megadevelopment (delivery in
2026) provides unique buyer upside potential. Features open floor
plan w/floor-to-ceiling windows, separate foyer entrance w/interior
door, high ceilings, premium lighting throughout, steel rear door &
double-locked rear gate. Includes 2 full bathrooms, changing room,
storage room, laundry room & under-stair storage closet. In close
proximity to dozens of established businesses, located steps from
The Royal Grocer & Co. and less than 1/2 block from I-90/94 /
Kennedy Damen exit--just minutes to Downtown & O'Hare. B3-2 zoning
allows for retail, office or restaurant use.
The manager has listed the unit size as 6000 square feet.
The manager has listed the unit size as 6000 square feet.
Unit Size
6,000Ft²
Days on Market
-
Land Size
-
Price per sqft
$60
Property Type
Commercial
Property Taxes
$1,231
HOA Dues
-
Year Built
-
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 3, 2024 | No longer available | - | |
No longer available | |||
Feb 17, 2024 | Price Decreased |
$360,000
↓ $15K
(4%)
|
|
Price Decreased | |||
Jan 24, 2024 | Price Decreased |
$375,000
↓ $24K
(6%)
|
|
Price Decreased | |||
Dec 2, 2023 | Listed | $399,000 | |
Listed | |||
Aug 30, 2023 | No longer available | - | |
No longer available |
Show More
Property Highlights
Air Conditioning
Exterior Details
Exterior Information
Brick
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
House
4
Beds
2
Baths
-
$400,000
Sep 8, 2020
$400,000
Oct 30, 2020
$366/mo
Commercial
Loft
-
13,500 ft²
$24/ft²
$325,000
Apr 3, 2024
-
-
Multifamily
1
Bed
1.5
Baths
1,100 ft²
$308/ft²
$339,000
Apr 24, 2024
-
$924/mo
In Contract
House
2
Beds
2
Baths
1,095 ft²
$320/ft²
$349,900
Apr 9, 2024
-
$935/mo
In Contract
House
2
Beds
1.5
Baths
1,026 ft²
$399/ft²
$409,000
Apr 8, 2024
-
$1,051/mo
In Contract
House
1
Bed
1
Bath
850 ft²
$352/ft²
$299,000
Mar 14, 2024
-
$771/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
11/25/2022
|
|
Studio
|
-
|
-
|
$412,500
Studio
-
|
-
-
|
-
|
Nicole Plecas
Compass
|
08/30/2022
|
Loft
|
-
|
6000 ft²
|
$412,500
Loft
-
6000 ft²
|
-
-
|
-
|
Nicole Plecas
Compass
|
Building Info
2139 North Damen Avenue
2139 North Damen Avenue, Chicago, IL 60647
- 1 Unit for Sale
About Northwest Side
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