$ 1,060,000
1915 N Damen Avenue Chicago, IL 60647
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$ 1,060,000
Est. payment | /mo
3,160 SqFt
$ 1,060,000
Est. payment | /mo
3,160 SqFt
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 3,160 sqft
Price per Sqft $335
MLS Listing ID 11928905
Year Built 2004
Annual Tax Amount $33,364
Tax Year 2022
Lot Dimensions COMMON
Property Description
Presenting two retail spaces in one investment portfolio right on Damen Avenue in Bucktown. Offering excellent exposure with high visibility, vehicle, and foot traffic, each individual space with storefront floor to ceiling windows. Occupied by two separate spa service businesses. 1915 is comprised of 1,674 SF with reception/waiting area, 8 treatment rooms (1 includes plumbing), 1 laundry room, and 1 ADA restroom. 1917 is comprised of 1,486 SF with reception/waiting area, 1 treatment room, 3 hair style stations, 4 eyelash/eyebrow stations, 2 shampoo stations, kitchen and 1 ADA restroom. Distinctively remodeled with a sharp black and white aesthetic with complementary marble epoxy floors. The building was built in 2006. The fully leased portfolio is offering a 6% cap based on triple net leases (net operating income of $90,890 with annual increases). Each unit is separately metered for gas, electric, and water and individual HVAC systems. Zoned B3-2. VPD 21,258. Demographics: POP 244,691 | HHI $$146,207 | POP AGE 19, 25-54. Join A'Pied Shoe Boutique and Truce by David Mor, joining Le Bouchon, Pompette, CLAUDIA and The Red Balloon Co through the Bucktown retail corridor of Damen Avenue. Portfolio includes both spaces 1915 and 1917. Please do not disturb operating businesses.
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air, Central Individual
Flooring Concrete, Slate/Marble, Tile
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Myra Nimchaiyong • Century 21 S.G.R., Inc.
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