Search
Lincoln Square Commercial Condo
For Sale
$425,000

4856 N Damen Avenue #GU-1 Chicago, Chicago, IL 60625

Turn-key office/retail condo in prime Lincoln Square location.

Property SizeContact for details
Days on Market347

Property Features for 4856 N Damen Avenue #GU-1 Chicago

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $12,670

Amenities

Central air
Central Air Cooling

Building Details

Year Built 2006
Listing Agency: @PROPERTIES COMMERCIAL
Listed By: MICHAEL LEVIN · License #475123263
Source: Corcoran
Added: Aug 28, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:43AM

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 @PROPERTIES COMMERCIAL

Investment Insights

Based on property information with market context.

Located in Lincoln Square, this masonry commercial condo offers 1,645 square feet of space suitable for office or retail use. The property benefits from excellent visibility at the corner of Damen and Ainslie, with a traffic volume of approximately 6,600 vehicles per day on Damen. Zoned B3-2, the unit is move-in ready and currently configured as a chiropractic office. The layout includes a lobby waiting area, a bright window line along Damen and Ainslie, four treatment rooms, a supply storage room, and a large, modern ADA-compliant restroom with handicap accessibility from the interior entrance. The unit features new, commercial-grade copper plumbing throughout. The building provides a signage area and approximately 200 amps of power. The assessment covers water, rubbish removal, scavenger services, and maintenance. Situated near public transportation, including bus routes and the CTA Damen train stop, the property offers convenient access to shopping to the north, south, and west. It is suited for an owner-user or investment and is ideal for professional, retail, legal, insurance, real estate, mortgage, financial, banking, medical, government, podiatry, dental, physical therapy, educational, school, training, or call center purposes. Nearby retail businesses include Sweet Moon Coffee, The Perfect Cup Coffee, CVS, Subway, Wendy's, Mariano's, and Golden Nugget Restaurant, with plenty of street parking available.

Key Highlights

  • Prime Lincoln Square location at the corner of Damen and Ainslie with excellent visibility and high traffic (6,600 VPD).
  • Turn‑key, move‑in ready 1,645 SQ FT commercial condo, currently built out as a professional office (Chiropractic).
  • B3‑2 Zoning allows for a wide range of uses: professional office, retail, medical, educational, and more.

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Home Appliance Store Veterinary Clinic (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Catering Service

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

Location Intelligence

Trade Area within ½ mile

2,965
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60625, IL

76,525
Population
33,932
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
87%
High-School Grad
3.8 sq mi
ZIP Area
20,138
Density / Sq Mi
$85,299
Median Household Income
$48,314
Median Earnings
$1,455
Median Rent
$396,700
Median Home Value

Market

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Lincoln Square Animal Hospital 4501 N Lincoln Ave, Chicago, IL 60625
  • Edward Holub 4613 N Ashland Ave, Chicago, IL 60640
  • BLVD Vet Ravenswood 4646 N Damen Ave, Chicago, IL 60625
  • BLVD Cat 4646 N Damen Ave, Chicago, IL 60625
  • The Royal Treatment Veterinary Center 1767 W Wilson Ave, Chicago, IL 60640

Frequently Asked Questions

What type of property is this?
Medical Office Space - Turn-key office/retail condo in prime Lincoln Square location.
Where is this medical office space located?
The property is located at 4856 N Damen Avenue #GU-1 Chicago Chicago, IL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Prime Lincoln Square location at the corner of Damen and Ainslie with excellent visibility and high traffic (6,600 VPD).; Turn‑key, move‑in ready 1,645 SQ FT commercial condo, currently built out as a professional office (Chiropractic).; B3‑2 Zoning allows for a wide range of uses: professional office, retail, medical, educational, and more.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message