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5015 N Damen Ave Chicago, IL 60625

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For Sale
$1,999,000

Classic Chicago brick 7-unit building in Ravenswood neighborhood.

Property Features for 5015 N Damen Ave

General Information

Standard status
Active

Building Details

Year built
1916

Source: COLDWELL BANKER REALTY Agent SAM ELDDINE

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


Overview

Ravenswood Multifamily Investment Opportunity

This classic Chicago brick building is located in the Ravenswood neighborhood. It features six units, each with 2 bedrooms and 1 bath, and a seventh garden apartment unit with 1 bedroom and 1 bath with a remodeled bathroom. The units have hardwood floors throughout, large living rooms, and dining rooms. An enclosed porch and a backyard provide space for summer enjoyment. The full basement includes a storage area. A 4-car garage offers potential rental income. The building is fully rented to long-time tenants. A park is located across the street, and free street parking is available, with public parking also nearby. The property is well-kept.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon 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
-87.6741984
Latitude
41.8025427

FAQs

What type of property is this?
Apartment building - Classic Chicago brick 7-unit building in Ravenswood neighborhood.
Where is this apartment building located?
The property is located at 5015 N Damen Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: - Fully rented 6+ unit building in Ravenswood.; - Large 2-bedroom, 1-bath units with hardwood floors.; - Income potential from low rents with room for increase.
More about this property
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