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    2023 N Damen Ave Chicago, IL 60647

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    For Lease
    $42 SF/Yr

    Prime retail or restaurant space in Chicago's Bucktown neighborhood.

    Property Features for 2023 N Damen Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1920

    Source: ACO COMMERCIAL Agent GEORGE TOSCAS

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

    Overview

    Bucktown Retail/Restaurant Space Available

    Located at 2023 N Damen Avenue in Chicago's Bucktown neighborhood, this commercial space is available for rent. The first-floor retail unit, formerly Nick's Pit Stop Restaurant, includes black iron. The space provides approximately 1,000 square feet suitable for retail or restaurant use. An additional full basement, around 800 square feet, is available for storage or expansion. Off-street parking is available for 1-3 vehicles. Situated on a major artery with high foot traffic, the location is near businesses such as 7-Eleven, Shawarma Inn, Boca Loca Taqueria, Neighborhood Loans, and New Barber Shop. This space is suited for entrepreneurs seeking a location in a vibrant neighborhood with high visibility and accessibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nick's Pit Stop Chicken Restaurant

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6773001
    Latitude
    41.9184829

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    FAQs

    What type of property is this?
    Retail space - Prime retail or restaurant space in Chicago's Bucktown neighborhood.
    Where is this retail space located?
    The property is located at 2023 N Damen Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $42 SF/Yr.
    What are key features of this property?
    This property features: - Prime Bucktown location on a major artery with excellent foot traffic.; - Black iron intact, suitable for restaurant use.; - Approximately 1,000 SF of versatile retail/restaurant space.
    (312) 638-9950
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    2023 N Damen Ave Chicago, IL 60647
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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
    2023 N Damen Ave Chicago, IL 60647
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