1915 N Damen Avenue
Chicago, IL, 60647
$1,060,000
Beds
0 Baths
3,160 SqFt
0 Acres
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$1,060,000
1915 N Damen Avenue
Chicago, IL, 60647
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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 6% 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.

Property Details

Price:
$1,060,000
MLS #:
MRD11928905
Status:
Active
Beds:
0
Baths:
0
Address:
1915 N Damen Avenue
Type:
Commercial
Subtype:
Condominium
City:
Chicago
Listed Date:
Nov 10, 2023
State:
IL
Finished Sq Ft:
3,160
ZIP:
60647
Year Built:
2004

Schools

Interior

Cooling
Central Air, Central Individual
Flooring
Concrete, Slate/ Marble, Tile

Exterior

Construction Materials
Brick

Financial

Buyer Agent Compensation
2%Gross Sale Price
Net Operating Income
$90,890
Tax Year
2022
Taxes
$33,364
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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1915 N Damen Avenue
Chicago, IL