1560 N Damen Ave
Chicago, IL 60622

Northmarq is pleased to offer for sale to qualified investors, the opportunity to purchase a fee-simple interest in the mixed use property located at 1560 N Damen Avenue in Chicago, IL (“The Property”). The Property consists of a 4,353 square foot freestanding mixed-use building, that sits on 0.31-acre parcel of land in Chicago’s highly sought after Wicker Park-Bucktown neighborhood. The Property’s ground floor has served as Stan’s Donuts Flagship location in Chicago since 2013 and recently extended their lease at the Property for an additional ten (10) years. Additionally, Stan’s lease features rare, 2.0% annual rental increases providing a significant hedge against inflation. The 2nd and 3rd Floors of the Property are 3 bedroom/2 bathroom apartment units that are currently leased.