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    3915 N Damen Ave Chicago, IL 60613

    For Lease
    $30 SF/Yr

    New construction retail space in a prime North Center location.

    Property Features for 3915 N Damen Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    2025

    Source: STRAUSS REALTY LTD Agent CRAIG WOLF

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Retail Space in North Center

    This new construction retail space is available for lease and is situated in a prime North Center location. It is located on the ground level of a new 5-story mixed-use building that includes 68 residential units. The space features 60 feet of frontage on Damen Avenue, which experiences a daily traffic volume of 20,300 vehicles. Public transportation options are readily accessible, with Bus Routes 50 and 80 located within one block and the Brown Line CTA station at Irving Park a 6-minute walk to the east. Parking is available. The surrounding area includes businesses such as MB Financial Bank, ATT, Victor Bar, Tuscan Hen, Walgreens, Starbucks, Club Pilates, Ace Hardware, CVS, and Trader Joe's. Pass Throughs are approximately $7.50 PSF.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6784478
    Latitude
    41.952644

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    FAQs

    What type of property is this?
    Retail space - New construction retail space in a prime North Center location.
    Where is this retail space located?
    The property is located at 3915 N Damen Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: - Prime North Center location on Damen Avenue.; - **60 feet of frontage on Damen Street with high visibility (20,300 vehicles per day).**; - Located on the ground floor of a new 5-story mixed-use building with 68 residential units.
    (773) 736-3600
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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
    3915 N Damen Ave Chicago, IL 60613
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