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5233-5239 N Damen Ave

6,148 SF 50% Leased Retail Building Chicago, IL 60625 $1,615,382 CAD ($263 CAD/SF)

Investment Highlights

  • Owner-User & Value-Add Opportunity
  • Transit Oriented Location
  • Exceptional Demographics
  • Superior Location & Amenities
  • Strong Location, Curb Appeal

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the mixed-use investment property located at 5233-5239 N Damen Avenue in Chicago, Illinois (the “Property”). The two-story building contains six (6) total units, consisting of three (3) commercial units, one (1), 3-Bedroom/1-Bathroom unit, one (1), 2-Bedroom/1-Bathroom unit and one (1) Studio (non-conforming unit) in 5,800 square feet of leasable space and 6,148 square feet of gross area on a 0.08-acre parcel. The parcel is zoned B1-2. 5233-5239 North Damen Avenue is well-located in a densely populated residential neighborhood just one block from Foster Avenue (US Highway 41. The Property is situated less than two miles from beautiful Foster Beach on Lake Michigan, and just one mile away from Lincoln Square, an up-and-coming Chicago neighborhood with a commercial corridor including retail, restaurants, entertainment, and public transportation. CTA service on the Brown and Red lines is available at the Damen (0.75 miles) and Argyle (1.25-miles) “L” Stations, respectively. The Property is also less than a mile from the Ravenswood Metra station (Union Pacific – North), which provides transportation to downtown Chicago to the south and Kenosha, Wisconsin to the North.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,148 SF
Building Class
C
Year Built
1932
Price
$1,615,382 CAD
Price Per SF
$263 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.76
Land Acres
0.08 AC
Walk Score ®
Very Walkable (88)
Bike Score ®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Orangetheory Fitness
Pure Barre
Mariano's
LA Fitness
Starbucks
CrossFit
ALDI
Chase
Fifth Third Bank
Jewel-Osco

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-07-220-016-0000
Land Assessment
$40,297 CAD
Improvements Assessment
$77,367 CAD
Total Assessment
$117,665 CAD
  • Listing ID: 33758123

  • Date on Market: 2024-11-05

  • Last Updated:

  • Address: 5233-5239 N Damen Ave, Chicago, IL 60625

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