REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,100,000
Est. payment | /mo
3,160 SqFt
$ 1,100,000
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 $348
MLS Listing ID 12326012
Year Built 2006
Annual Tax Amount $34,227
Tax Year 2023
Lot Dimensions COMMON
Property Sub-Type Retail/Stores
Property Description
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!
Location
State IL
County Cook
Area Chi - Logan Square
Zoning COMMR
Interior
Cooling Central Air, Central Individual
Flooring Concrete, Marble, Tile
Fireplace N
Exterior
Utilities Available Electricity Available, Natural Gas Available, Water Available
Building
Dwelling Type Retail/Stores
Level or Stories 1
Structure Type Brick,Concrete
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Ruben Vallejo • Village Realty, Inc.
GET MORE INFORMATION
Michael Bempah
Broker | License ID: 475.175881
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