2062 North Damen AvenueChicago, IL 60647Price: $849,000

  • Price: $849,000
  • 64 Days on Market
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Federal 30-year interest rate: 6.09% last updated on Feb 2, 2023
* 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.
  • 2,919Square Feet
  • 1895Year Built

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Bucktown/Wicker Park- Fantastic, updated and completely turn-key mixed-use building in a prime location on Damen Avenue. This property consists of a recently remodeled and beautiful updated 2nd floor 2BR, 2BTH apartment which is currently rented for $2,400 per month and a 1st floor retail space which is leased out for $2,800 to a successful local restauranteur. Retail space is currently being remodeled by current tenant and is a 5-year lease. Both units have gas forced air heating and air conditioning and property also has a full basement offering tons of storage space, a secure and gated back courtyard area and 2-car garage with one space currently rented out for $150 per month. Total current rents of $64,200 per year with room for increase. This property sits in an A+ location that couldn't be better in the highly desirable and fast appreciating Bucktown/Wicker Park area and is close to absolutely everything including access to the blue line "L," the Cybourn Metra station, a plethora of restaurants, shopping, bars and cafes and easy access to 90/94 expressway and downtown as well. This building is the perfect investment property but also has great owner occupant possibilities as well.

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Listed by Michael Hall of Baird & Warner

Based on information submitted to MRED  as of February 6, 2023 . 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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