Skip to main content

Multifamily

1112 N Damen Ave

1112 N Damen Ave, Chicago, IL 60622

Listing Price: $1,200,000

Cap Rate
1.81%
Number of Units
3
Occupancy
97.0%
Price/Unit
$400,000
Price/Gross SF
$342.86
Gross SF
3,500

Investment Overview

Marcus & Millichap is pleased to present 1112 North Damen Ave, located in the Ukrainian Village neighborhood of Chicago, Illinois. The property consists of 3500 square feet of apartment units with two two-bedroom/two-bathroom units, one-one bedroom/one bathroom unit, and a three pad parking spaces. The subject property is walking distance to Chicago Transit Authority's (CTA) Division Blue Line stop and Milwaukee Avenue's entertainment district. The property is near the I-90/94 Kennedy Expressway. The average household income is $145,177 per year within a one-mile radius and the majority of the population is 34 years and under. This is a vibrant area of Chicago with numerous options for dining, shopping, entertainment and nightlife.

Investment Highlights

  • Tankless Water Heaters and High Efficiency Whirlpool Washer and Dryers
  • Two 18 SEER and One 14 SEER A/C Units
  • Walking Distance to Charles Joel Park and Division or Damen CTA Train Stations
  • Walk-in Closets with Full Length Mirrors, Jacuzzi Tub Linen Closets
  • Closed Network Security System and Motion Detectors
  • Additional Storage - Currently Owner Workshop
  • Three Pad Parking Spaces in Alley

Exclusively Listed By

Multifamily

1112 N Damen Ave

Listing Price: $1,200,000

Cap Rate
1.81%
Number of Units
3
Occupancy
97.0%
Price/Unit
$400,000
Price/Gross SF
$342.86
Gross SF
3,500

Investment Highlights

  • Tankless Water Heaters and High Efficiency Whirlpool Washer and Dryers
  • Two 18 SEER and One 14 SEER A/C Units
  • Walking Distance to Charles Joel Park and Division or Damen CTA Train Stations
  • Walk-in Closets with Full Length Mirrors, Jacuzzi Tub Linen Closets
  • Closed Network Security System and Motion Detectors
  • Additional Storage - Currently Owner Workshop
  • Three Pad Parking Spaces in Alley

Investment Overview

Marcus & Millichap is pleased to present 1112 North Damen Ave, located in the Ukrainian Village neighborhood of Chicago, Illinois. The property consists of 3500 square feet of apartment units with two two-bedroom/two-bathroom units, one-one bedroom/one bathroom unit, and a three pad parking spaces. The subject property is walking distance to Chicago Transit Authority's (CTA) Division Blue Line stop and Milwaukee Avenue's entertainment district. The property is near the I-90/94 Kennedy Expressway. The average household income is $145,177 per year within a one-mile radius and the majority of the population is 34 years and under. This is a vibrant area of Chicago with numerous options for dining, shopping, entertainment and nightlife.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower