918 North Damen AvenueChicago, IL 60622Price: $1,325,000

  • Price: $1,325,000
  • 54 Days on Market
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Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1911Year Built

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Beautiful greystone six-unit that you will be proud to own. -one store with five apartments. The store has original metal (probably copper) framed storefront, vintage stamped-ceiling and maple floors. Each apartment is nicely sized, nice layout and very easy to rent. Well cared for by same family for over 25 years. Store and one apt (3R) are owner occupied. I did not forecast rents for those two units. The location is outstanding - Uk Village/East Village on a charming stretch of Damen - a compatible and balanced mix of gallery, boutique and residences - beautiful and tree-lined - a really nice place to operate a small business or gain an easy-to-run building in a very high-demand area. recent improvements (while being sensitive to character) include: 400amp electric service, porches, pointing, in part or whole - mechanicals (GFA new-10yo), copper plumbing, windows, kitchens and baths. There's huge potential here with not a ton of effort.

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Listed by Richard Anselmo of @properties

Based on information submitted to MRED  as of September 30, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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