$1,095,000
5239 N Damen Avenue
Chicago, IL, 60625
Located on a corner lot in the up and coming neighborhood of Bowmanville, this mixed-use building is perfect for an investor or user looking for a home for their business. The property features (2) 2br/1ba apartments + (1) non-conforming studio unit – all located on the second floor. The ground floor features (3) commercial spaces. One is occupied through 10/1/2025 and the other two are vacant. Previously there had been a bar with both spaces combined, but now it’s set up for an office/retail set up. Endless possibilities on this one. All units have individual HVAC & the roof is a tear off in 2024. Commercial spaces feature newer commercial windows as well. Current gross rents are $68,400 annually. That can be pushed to $135,000 JUST BY FILLING VACANCIES AND BRINGING RENTS TO MARKET! Apartment rents are well below market (long term tenants and relative in the other) & studio unit was recently renovated and rented out. Reach out to learn more about this asset.
Property Details
Price:
$1,095,000
MLS #:
MRD12203146
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
CHI – Lincoln Square
Listed Date:
Oct 18, 2024
Finished Sq Ft:
6,148
Total Sq Ft:
6,148
Year Built:
1930
Schools
Interior
Cooling
Central Air, Window Unit(s)
Exterior
Construction Materials
Brick
Financial
Tax Year
2023
Taxes
$13,903
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Commercial in Chicago as of Sep 18, 2025
1,100
Commercial Listed
163
Avg DOM
157
Avg $ / SqFt
$1,045,043
Avg List Price
Community
- Address5239 N Damen Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60625
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Property Summary
- 5239 N Damen Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60625. It is listed for $1,095,000 To schedule a showing of MLS#mrd12203146 at 5239 N Damen Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
5239 N Damen Avenue
Chicago, IL
