11-Unit Apartment
For Sale
Contact for pricing
Pending
1056 N Damen Ave, Chicago, IL 60622
Renovated apartments with varied layouts, private laundry, updated systems, and finishes including granite and stainless steel appliances.
Property SizeContact for details
Days on Market143
Property Features for 1056 N Damen Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Net Operating Income
$228,000
Units
Unit Mix
1 x 4BR/2.5BA, 1 x 3BR/2.5BA, 3 x 3BR/2BA, 2 x 2BR/1BA, 3 x 1BR/1BA, 1 x Studio
Multifamily Units
11
Additional Details
Cap Rate
6%
Amenities
granite countertops
stainless steel appliances
hardwood floors
in-unit laundry
Building Details
Buildings
1
Listing Agency:
Kiser Group
(773) 293-5032
Listed By:
Aaron Sklar · License #IL 475161507
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 31 at 4:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kiser Group
Investment Insights
Based on property information with market context.
This 11-unit apartment building at 1056 N Damen Ave includes a diverse mix: one 4Bd/2.5Ba unit, one 3Bd/2.5Ba unit, three 3Bd/2Ba units, two 2Bd/1Ba units, three 1Bd/1Ba units, and one studio. Apartment features include hardwood flooring, granite countertops, stainless steel appliances, in-unit laundry, individual water tanks, and separate HVAC units. Building upgrades include a 2015 roof replacement, aluminum windows, and updated electrical service.
The property is in Chicago's Wicker Park neighborhood, one block south of Division Street and within walking distance of parks, shopping, dining, and nightlife in Wicker Park and Ukrainian Village. The offering is reported at a 6% cap rate.
The property is in Chicago's Wicker Park neighborhood, one block south of Division Street and within walking distance of parks, shopping, dining, and nightlife in Wicker Park and Ukrainian Village. The offering is reported at a 6% cap rate.
Key Highlights
- 11‑unit apartment building with a mix of 4Bd, 3Bd, 2Bd, 1Bd, and studio apartments
- Unit mix includes one 4Bd/2.5Ba, one 3Bd/2.5Ba, three 3Bd/2Ba, two 2Bd/1Ba, three 1Bd/1Ba, and one studio
- Apartment interiors feature granite countertops, stainless steel appliances, hardwood floors, and in‑unit laundry
Property Analytics
Property Profile
Current Use
Lease Details
11
Residential units
Location Intelligence
Trade Area within ½ mile
4,854
Businesses Nearby
Explore this area
Business Placement
Demographics for 60622, IL
55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated apartments with varied layouts, private laundry, updated systems, and finishes including granite and stainless steel appliances.
Where is this apartment building located?
The property is located at 1056 N Damen Ave Chicago, IL.
What are key features of this property?
This property features: 11‑unit apartment building with a mix of 4Bd, 3Bd, 2Bd, 1Bd, and studio apartments; Unit mix includes one 4Bd/2.5Ba, one 3Bd/2.5Ba, three 3Bd/2Ba, two 2Bd/1Ba, three 1Bd/1Ba, and one studio; Apartment interiors feature granite countertops, stainless steel appliances, hardwood floors, and in‑unit laundry
