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1915-1917 N Damen Avenue Chicago, IL 60647

$999,000
Active / MLS# 12326012 / Commercial - Retail / Chicago
0 Beds
3160 SqFt

TWO UNIT FULLY LEASED RETAIL PROPERTY LOCATED IN A MIXED USE AREA WITH LOTS OF RESIDENTIAL AND BUSINESSES IN THE BUCKTOWN NEIGHBORHOOD OF CHICAGO. EXCELLENT INVESTMENT OPPORTUNITY TO OWN RETAIL WITH TWO GOOD TENANTS IN PLACE OR OCCUPY ONE AND LEASE THE OTHER. ELLAHOMME HOLISTIC MED SPA OCCUPIES UNIT 1915 AND MERCEDES BROW BAR OCCUPIES UNIT 1917. BOTH LEASES EXPIRE 12/31/2028 WITH ANNUAL INCREASES. EACH UNIT HAS ITS OWN FURNACE AND HVAC UNITS. BOTH UNITS ARE SEPARATELY METERED. LOTS OF FOOT TRAFFIC UP AND DOWN DAMEN AVE. DEMOGRAPHICS ARE GREAT AND THERE ARE 12,700 CARS THAT DRIVE BY DAILY. ADD TO YOUR CURRENT REAL ESTATE PORTFOLIO WITH THIS 8.1% CAP RATE PROPERTY AND TRIPLE NNN LEASES. YOU CAN'T GO WRONG!

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Baird & Warner Jan Mason Agent Cell: 312.560.3081 Email

Property Details

Property Type: Commercial - Retail
Cooling: Central Air, Central Individual
Lot Size: 0.14 Acres
Stories: 1.0
Taxes: $34,227
Year Built: 2006

Feature Descriptions

Current Use: Commercial, Medical/Dental
Electric: Circuit Breakers, Service - 101 to 200 Amps
Exterior: Brick, Concrete
Fire Protection: Fire Extinguisher/s
Flooring: Concrete, Marble, Tile
Foundation: Concrete Perimeter
Frontage Type: City Street, Public Road, Signal Intersection, Paved
HVAC: Forced Air, Gas, Individual Furnaces
Location: Central Business District, Mixed Use Area, Public Transport Avail, High Traffic Area
Lot Dimensions: COMMON
Miscellaneous Indoor: Elevator/s Passenger, Accessible Washroom/s, Multi-Tenant, Private Restroom/s, Public Restroom/s
Number of Tenant(s): 2
Parcel#: 14314000570000
Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Scavenger, Sewer, All Utilities
Units: 2
Utilities: Electric to Site, Natural Gas Available, Water Available

Location

See details and scored characteristics about this location.

Listing Office: Village Realty, Inc.

Listing Office Phone: 708-478-1212



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