39-Unit Courtyard Apartment
For Sale
Contact for pricing
Pending
7369-79 N Damen Ave, Chicago, IL 60645
The property offers a varied bedroom mix, established building systems, and proximity to multiple CTA rail lines.
Property Size33,498 SF
Days on Market534
Property Features for 7369-79 N Damen Ave
General Information
Standard status
Pending
Size
33,498 SF
Property subtype
Multifamily
Units
Unit Mix
19 x 1bd/1ba, 18 x 2bd/1ba, 2 x 3bd/2ba
Multifamily Units
39
Additional Details
Public Transit
Yes
Building Details
Year Built
1931
Buildings
1
Units
39
Construction
courtyard building
Listing Agency:
Kiser Group
Listed By:
Danny Logarakis · License #IL
Source:
Crexi
Added: Mar 17, 2025
Changed: Aug 31
Last Checked: Aug 31 at 2:54AM
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 39-unit courtyard apartment building, constructed in 1931, contains 36 legal units and 3 non-conforming garden units. The unit mix includes 19 one-bedroom/one-bath apartments, 18 two-bedroom/one-bath apartments, and 2 three-bedroom/two-bath apartments. Completed capital work includes copper plumbing, updated electrical wiring, a Weil-McLain boiler installed in 2017, a replacement hot water system from 2016, and a full tear-off replacement covering half of the roof in 2020.
The property is located in Rogers Park at 7369-79 N Damen Ave in Chicago. Howard Station, serving the CTA Red, Purple, and Yellow Lines, is approximately 0.5 miles away. Current rents are approximately 30% below market for comparable modernized units. The three non-conforming garden units are identified for potential reconfiguration into 2 five-bedroom/three-bath units and 1 three-bedroom/two-bath unit, while full-unit renovations and updated leasing strategies are also described as part of the property's operating plan.
The property is located in Rogers Park at 7369-79 N Damen Ave in Chicago. Howard Station, serving the CTA Red, Purple, and Yellow Lines, is approximately 0.5 miles away. Current rents are approximately 30% below market for comparable modernized units. The three non-conforming garden units are identified for potential reconfiguration into 2 five-bedroom/three-bath units and 1 three-bedroom/two-bath unit, while full-unit renovations and updated leasing strategies are also described as part of the property's operating plan.
Key Highlights
- 39‑unit courtyard building with 36 legal units and 3 non‑conforming garden units
- Unit mix includes 19 1bd/1ba, 18 2bd/1ba and 2 3bd/2ba
- Copper plumbing throughout and updated electrical wiring
Property Analytics
Current Use
Lease Details
39
Residential units
Location Intelligence
Trade Area within ½ mile
2,223
Businesses Nearby
Explore this area
Business Placement
Demographics for 60645, IL
48,356
Population
18,143
Households
2.7
Avg Household Size
36
Median Age
45%
College-Educated
86%
High-School Grad
2.2 sq mi
ZIP Area
21,980
Density / Sq Mi
$77,126
Median Household Income
$40,666
Median Earnings
$1,424
Median Rent
$308,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - The property offers a varied bedroom mix, established building systems, and proximity to multiple CTA rail lines.
Where is this apartment building located?
The property is located at 7369-79 N Damen Ave Chicago, IL.
What are key features of this property?
This property features: 39‑unit courtyard building with 36 legal units and 3 non‑conforming garden units; Unit mix includes 19 1bd/1ba, 18 2bd/1ba and 2 3bd/2ba; Copper plumbing throughout and updated electrical wiring
