2062 North Damen Avenue Chicago, IL 60647
Mixed-use property with commercial tenant and residential unit in Bucktown.
Property size:
2,400 SF- Added:
- Dec 20, 2024
- Days on Market:
- 481
- Last Refresh:
- Mar 13 at 2:19 pm
Property Features for 2062 North Damen Avenue
General Information
- Standard status
- Active
- Size
- 2,400 SF
Building Details
- Year Built
- 1903
Listing agent Caroline Crawford License #475207389 (410) 999-7766
Listing office EXIT Strategy Realty (410) 999-7766
Listing date Dec 20, 2024
Source Compass
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All listing content including descriptions, pricing, images are the copyrighted material of EXIT Strategy Realty
Overview
Bucktown Mixed-Use Investment Opportunity
This mixed-use property, situated in the Bucktown neighborhood, offers investment potential. The street-level commercial space is leased to Fine Eats, a Thai restaurant with a lease through March 2027. The location benefits from high traffic. The brick building construction contributes to durability. The residential apartment above the commercial space features a layout that provides separation from the commercial space below. The unit has been refreshed with new paint and deep cleaning. Features include vaulted ceilings and appliances from 2012. A private two-car garage is included. Improvements include a full building seal, a new sump pump, and upgraded sewer piping completed in 2025. The property is located near The 606 Trail, the CTA Blue Line, and I-90/94, as well as restaurants, shops, and cafes. The property is located in a neighborhood with steady population growth and rising rental rates. The property size is 2400 square feet. The property offers flexibility for investors seeking a steady tenant, as well as the option to live upstairs while managing the commercial space below.
Location Intelligence
Current Use by Public Records
Gin Sen
(Bike/Boat/Book/etc) Store
Eat Fine Design ...
Restaurant
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6779947
- Latitude
- 41.9195363
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with commercial tenant and residential unit in Bucktown.
Where is this mixed-use property located?
The property is located at 2062 North Damen Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $873,000.
What are key features of this property?
This property features: Prime Bucktown location near The 606 Trail, CTA Blue Line, and I‑90/94.; Stable income from commercial tenant (Fine Eats) with lease through March 2027.; Projected rental income exceeding $5,500 per month.
