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Gut-Renovated Six-Unit Walk-Up
For Sale
Contact for pricing
Pending

3249 N Damen Ave, Chicago, IL 60618

Six-unit walk-up with in-unit laundry, HVAC, and updated finishes, plus two rear parking spaces.

Property SizeContact for details
Days on Market122

Property Features for 3249 N Damen Ave

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Multifamily

Additional Details

Multifamily Units 6

Building Details

Year Renovated 2017
Tenancy Multi
Listing Agency: Kiser Group
Listed By: Jacob Parker · License #IL 475172661
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 8 at 12:53PM

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 6-unit walk-up multifamily property was gut renovated in 2017. The building includes five (5) 3-bedroom, 1-bath apartments and one (1) 4-bedroom, 3-bath duplex apartment. One ground floor unit has been duplexed down, and there is the possibility to duplex down the other second ground floor unit as well.

Unit interiors feature granite countertops, stainless steel appliances, new cabinets and fixtures, hardwood flooring throughout, and updated bathrooms. Each unit has in-unit laundry and its own HVAC.

The property is supported by two parking spaces located in the rear of the building and is described as well maintained with no near-term CapEx needed.

Key Highlights

  • 6‑unit walk‑up building gut renovated in 2017
  • Unit mix: five 3BD/1BA units plus one 4BD/3BA duplex apartment
  • All units feature granite countertops, stainless steel appliances, and new cabinets and fixtures

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Nursing Home Butcher Tanning Salon Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,300
Businesses Nearby

Demographics for 60618, IL

90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit walk-up with in-unit laundry, HVAC, and updated finishes, plus two rear parking spaces.
Where is this apartment building located?
The property is located at 3249 N Damen Ave Chicago, IL.
What are key features of this property?
This property features: 6‑unit walk‑up building gut renovated in 2017; Unit mix: five 3BD/1BA units plus one 4BD/3BA duplex apartment; All units feature granite countertops, stainless steel appliances, and new cabinets and fixtures
More about this property
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