Updated Mixed-Use Building with
For Sale
$314,900
5242 South Damen Avenue, Chicago, IL 60609
Storefront and three-bedroom residential unit share separate gas and electric utilities.
Property Size3,525 SF
Price / SF$89.33
Days on Market188
Property Features for 5242 South Damen Avenue
General Information
Standard status
Active
Size
3,525 SF
Units
Unit Mix
1 x 3BR
Multifamily Units
1
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$1,675
Building Details
Year Built
1916
Buildings
1
Stories
2
Listing Agency:
Urbanitas Inc.
(773) 345-9110
Listed By:
Hildebrando Torres · License #471004509
(773) 345-9110
Source:
Compass
Added: Feb 24
Changed: Aug 30
Last Checked: Aug 30 at 2:20PM
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 Urbanitas Inc.
Investment Insights
Based on property information with market context.
This 3,525-square-foot mixed-use building, constructed in 1916, combines a commercial storefront with a three-bedroom apartment. The storefront includes air conditioning, forced-air heat, and two half bathrooms. The residential space provides three bedrooms along with a kitchen, dining room, living room, and full bathroom. Separate gas and electric utilities serve the two components.
The property is located at 5242 South Damen Avenue in Chicago, Illinois, with a 60609 ZIP code. Its combination of retail-oriented ground-floor space and dedicated residential accommodations creates a compact mixed-use configuration within one building.
The property is located at 5242 South Damen Avenue in Chicago, Illinois, with a 60609 ZIP code. Its combination of retail-oriented ground-floor space and dedicated residential accommodations creates a compact mixed-use configuration within one building.
Key Highlights
- 3,525‑square‑foot mixed‑use building constructed in 1916
- Storefront with air conditioning, forced‑air heat, and two half bathrooms
- Three‑bedroom apartment with kitchen, dining room, living room, and full bathroom
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,773
Businesses Nearby
14k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 94%
Dining 6%
Citgo
Shops & Services
7,154 visits/mo
0.3 miles
7-Eleven
Shops & Services
6,367 visits/mo
0.2 miles
Over Easy
Dining
812 visits/mo
0.4 miles
Demographics for 60609, IL
65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Storefront and three-bedroom residential unit share separate gas and electric utilities.
Where is this mixed-use property located?
The property is located at 5242 South Damen Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $314,900.
What are key features of this property?
This property features: 3,525‑square‑foot mixed‑use building constructed in 1916; Storefront with air conditioning, forced‑air heat, and two half bathrooms; Three‑bedroom apartment with kitchen, dining room, living room, and full bathroom
