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    1915-1917 N Damen Ave Chicago, IL 60647

    Sponsored
    For Sale
    $999,999

    COMMERCIAL - Chicago, IL

    Type:Retail
    Lot size:
    0.14 Acres
    Days on Market:
    63
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 1915-1917 N Damen Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    COMMR
    APN
    14314000570000
    Lot size
    0.14 Acres

    Utilities

    Utilities
    Water Available
    Cooling system
    Central Air

    Building Details

    Year built
    2006
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Concrete, Tile, Marble
    Building materials
    Brick, Concrete

    Village Realty (708) 478-1212 [email protected]

    Listing agent Ruben Vallejo (708) 560-3499

    Listing date Nov 4, 2025

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bucktown Leased Retail Investment

    This two-unit retail property is located in the Bucktown neighborhood of Chicago, situated in a mixed-use area with a combination of residential and commercial establishments. The property is fully leased, presenting an investment opportunity with the potential for owner-occupancy of one unit while leasing the other. Unit 1915 is occupied by Ellahomme Holistic Med Spa, and Unit 1917 is occupied by Mercedes Brow Bar. Both leases are in effect through December 31, 2028, and include annual rent increases. Each unit is equipped with its own furnace and HVAC system and is separately metered. The location benefits from high foot traffic along Damen Avenue, with a reported daily traffic count of 12,700 cars. The property is positioned as an addition to a real estate portfolio, featuring an 8.1% cap rate and triple net leases. The lot size is 0.14 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.677245
    Latitude
    41.9164975

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    FAQs

    What type of property is this?
    Retail space - Fully leased retail property in Chicago's Bucktown neighborhood.
    Where is this retail space located?
    The property is located at 1915-1917 N Damen Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $999,999.
    What are key features of this property?
    This property features: - 8.1% Cap Rate with Triple NNN Leases; - Two Fully Leased Units Providing Immediate Income; - Located in High-Traffic Bucktown Neighborhood
    (708) 560-3499
    Request Owner's contact information
    1915-1917 N Damen Ave Chicago, IL 60647
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    Chicago, IL 60647
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1915-1917 N Damen Ave Chicago, IL 60647
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