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    5100 Damen Ave Chicago, IL 60609

    • Banks
    • 5,700 SF
    • 0.38 lot acres
    For Lease
    View listing
    $25 SF/Yr
    Value Estimation
    $445,000
    Last Sale
    Apr 19, 2022
    Location Intelligence
    Property ID
    US28-0901510
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Chicago Dog Pads / Dog Park
    • X&Pchimneycleaning Services / Chimney Sweep

    Property Details for 5100 Damen Ave

    Year built
    1965
    Lot size
    0.38 lot acres
    Property size
    5,700 SF
    Property type
    Banks
    APN
    20-07-303-039
    APU
    2007303039

    Description

    This exceptional 5,272 square foot executive office space is located in a single-story building at 5100 S Damen Ave, Chicago, IL 60609, within Cook County. The property, built in 1976, is classified as Class B and offers a total of 10,272 square feet. Currently, the entire 5,272 square foot space is available for lease. The building features multiple suites, although this listing focuses on the single, large vacant space. Its convenient single-story design and ample parking make it particularly well-suited for medical practices or similar businesses requiring easy access and parking for clients and staff. The property's location in Chicago offers excellent access to transportation and amenities. This is a rare opportunity to secure a substantial, well-located office space in a highly desirable area. The property's address is verified, and its location is precisely 41.8009924 latitude and -87.6748334 longitude. The building's single-story design offers convenience and accessibility. This presents a unique opportunity for a business seeking a large, readily available office space in a well-established Chicago location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $420,000

    • CAP approach

      CAP return
      Estimation
      6%
      $440,000
      6.5%
      $485,000
      7%
      $480,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $425,000
      Geo Method
      $485,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $420,000
      Retail
      $470,000
      Mixed-Use
      $510,000
      Hospitality
      $475,000
      Educational
      $425,000
      Residential Income
      $555,000
      Energy
      $455,000
      Income-Based Land
      $540,000
      Food Service
      $435,000

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6749
    Latitude
    41.801
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $48,561
    $37,003
    $199,094
    $236,097
    -
    $148,012
    $796,376
    $944,388

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      35,600 SF

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      FINANCIAL BUILDING • 35,600 SF
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    5100 Damen Ave
    Chicago, IL 60609
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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
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