Live-Work Space with
For Sale
Contact for pricing
836 N Damen Avenue #C, Chicago, IL 60622
A two-bedroom rear area with a full kitchen and bath complements the street-facing commercial storefront.
Property Size1,100 SF
Price / SF$0.02
Days on Market32
Property Features for 836 N Damen Avenue #C
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Commercial
Site & Location
Neighborhood
Ukrainian Village
Highway Access
Yes
Road Access
Yes
Mixed-Use Components
retail, residential
Building Details
Year Built
1920
Listing Agency:
Inter Properties Inc
(312) 985-7117
Listed By:
Eugene Andre · License #475174663
(630) 639-2155
Source:
Helenoliveri
Added: Sep 30
Changed: Oct 28
Last Checked: Oct 28 at 3:49PM
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 Inter Properties Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,100-square-foot live-work condo combines a 550-square-foot storefront with a 550-square-foot rear living area. The rear portion has two bedrooms, a full bathroom, and a full kitchen. A full-width commercial window faces Damen Avenue, with access from the avenue and a rear door. The back area may also be reconfigured for office rooms, a break room, or storage, subject to feasibility.
The property is in Chicago’s Wicker Park neighborhood, with Mariano’s two blocks away and restaurants, cafes, bars, and other retail businesses nearby. CTA subway stations are within walking distance, and I-90 is accessible from the area. Parking is available.
The property is in Chicago’s Wicker Park neighborhood, with Mariano’s two blocks away and restaurants, cafes, bars, and other retail businesses nearby. CTA subway stations are within walking distance, and I-90 is accessible from the area. Parking is available.
Key Highlights
- 1,100‑square‑foot condo with 550 square feet of storefront and 550 square feet of rear living space
- Rear area includes 2 bedrooms, a full bath, and a full kitchen
- Full‑width commercial window facing Damen Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,218
Suggested Prices Based on Cap Rates
Cap Rate 5%
$304,360
$304.4K
Cap Rate 7%
$217,400
$217.4K
Cap Rate 9%
$169,089
$169.1K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$23.8K $21.60/SF
− Vacancy
−$2.0K −$1.84/SF
EGI
$21.7K $19.76/SF
− OpEx
−$6.5K −$5.93/SF
NOI
$15.2K $13.83/SF
Area
Chicago, IL
Vacancy
8.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$304,360
Cap Rate 7%
$217,400
Cap Rate 9%
$169,089
Alternative Uses
Best Use
Office B
$337.2K
$295.0K – $393.4K
NOI $23,602 @ 7.0% cap · market cap 124,221.05%
Second Best
Mixed Use
$265.2K
$232.0K – $309.4K
NOI $18,563 @ 7.0% cap · market cap 97,700.00%
Theoretical Best
Office A
$518.6K
$453.8K – $605.1K
NOI $36,305 @ 7.0% cap · market cap 191,078.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,626
Businesses Nearby
Explore this area
Business Placement
Demographics for 60622, IL
55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value
Market
Vacancy Rate% for Office in Chicago, IL
Frequently Asked Questions
What type of property is this?
Live-work space - A two-bedroom rear area with a full kitchen and bath complements the street-facing commercial storefront.
Where is this live-work space located?
The property is located at 836 N Damen Avenue #C Chicago, IL.
What are key features of this property?
This property features: 1,100‑square‑foot condo with 550 square feet of storefront and 550 square feet of rear living space; Rear area includes 2 bedrooms, a full bath, and a full kitchen; Full‑width commercial window facing Damen Avenue
