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    1806-1808 N Damen Ave Chicago, IL 60622

    For Sale
    $750,000

    Commercial condo built out as a high-end spa.

    Property size:
    4,000 SF
    Lot size:
    0.47 Acres

    Property Features for 1806-1808 N Damen Ave

    General Information

    Size
    4,000 SF
    Lot size
    0.47 Acres

    Source: Jameson Commercial Agent Barry Kadish

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

    Overview

    High-End Spa Commercial Condo

    The commercial condo at 1806-08 N. Damen, totaling 2,700 square feet, was built out as a high-end spa. The space includes a large reception area, a consultation area, and wrap-around front counters. It features five treatment rooms with sinks, and two of these rooms include marble showers. ADA washrooms are available. The exterior is notable for its architectural design, featuring floor-to-ceiling windows that wrap around to the side street. Signage opportunities are available. The property also includes multiple storage rooms, washer and dryers, custom cabinetry, and a private office. Real estate taxes are $13,136.98 for 1806 N. Damen and $12,423.41 for 1808 N. Damen, totaling $25,560.39. Assessments for the two addresses are $615.16 monthly. Parking spaces are available for additional purchase. Additionally, 1804 N. Damen, which is 1,300 square feet, can be added to the spa space for sale or lease.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6724951
    Latitude
    41.8383901

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    FAQs

    What type of property is this?
    Retail space - Commercial condo built out as a high-end spa.
    Where is this retail space located?
    The property is located at 1806-1808 N Damen Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - High-end spa build-out featuring a reception, consultation area, and wrap-around counters.; - Prime location with architectural exterior, floor-to-ceiling windows, and excellent signage.; - Five treatment rooms, including two with marble showers.
    (312) 502-5297
    Request Owner's contact information
    1806-1808 N Damen Ave Chicago, IL 60622
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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
    1806-1808 N Damen Ave Chicago, IL 60622
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