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    1623-1625 N Damen Ave Chicago, IL 60647

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    For Lease
    Contact for pricing

    Retail space on Damen Avenue near public transportation and popular retailers.

    Property size:
    2,100 SF
    Lot size:
    0.13 Acres

    Property Features for 1623-1625 N Damen Ave

    General Information

    Size
    2,100 SF
    Lot size
    0.13 Acres

    Source: Canvas Real Estate Agent John Bassi

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

    Overview

    Prime Damen Avenue Retail Space

    This retail property is situated just north of the North/Milwaukee/Damen intersection, located on the Damen retail shopping corridor. The property is steps from the Damen Avenue Blue Line stop and a short walk to the Bloomingdale 606 Trail. The surrounding area includes retailers and restaurants such as Lululemon, Marine Layer, Warby Parker, Credo, Shinola, Bartaco, Goddess & the Grocer, and Potbelly. The property offers a branding opportunity to lease a historically significant firehouse building and is move-in ready. The property has a size of 2100 square feet.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    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.

    Similar Places Nearby

    Angels Cheeks Chicago Flower Shop, Magic Flowers Chicago, Ish’s Flowers, Cattails Inc, Flower of the Dragon Productions

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6771474
    Latitude
    41.9112456

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    FAQs

    What type of property is this?
    Storefront property - Retail space on Damen Avenue near public transportation and popular retailers.
    Where is this storefront property located?
    The property is located at 1623-1625 N Damen Ave Chicago, IL.
    What are key features of this property?
    This property features: - Prime location on Damen Avenue retail corridor, near North/Milwaukee/Damen intersection.; - Steps from Damen Avenue Blue Line 'L' stop and short walk to the Bloomingdale '606' Trail.; - Surrounded by a strong mix of retailers and restaurants.
    (773) 887-8212
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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
    1623-1625 N Damen Ave Chicago, IL 60647
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