IL > Chicago
Chicago, IL 60647,2062 N Damen AVE
Chicago, IL 60647,2062 N Damen AVE
Chicago, IL 60647,2062 N Damen AVE
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$873,000
Est. payment /mo
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2,919 SqFt
Active

2062 N Damen AVE Chicago, IL 60647

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Dennis & Karen

Dennis & Karen

+1(219) 213-3346

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,919 sqft

Price per Sqft $299

MLS Listing ID 12418823

Year Built 1903

Annual Tax Amount $14,477

Tax Year 2023

Lot Dimensions 24 X 100

Property Sub-Type Mixed Use

Property Description

Calling all seasoned investors and owner-occupants! This mixed-use property in Bucktown presents a stable investment with strong long-term potential. Located in one of Chicago's most desirable neighborhoods, with steady population growth and rising rental rates, the property is near The 606 Trail, CTA Blue Line, I-90/94, and numerous restaurants, shops, and cafes. The street-level commercial space is leased to Fine Eats, a successful Thai restaurant with a secure lease through March 2027. The business has a proven track record, and the high-traffic location provides consistent income. The brick building ensures durability and minimal maintenance, supporting long-term stability. Upstairs, the residential apartment receives ample natural light and features a modern layout that feels separate from the commercial space below. The unit has been refreshed with new paint, deep cleaned, and maintained, making it ready for a new tenant or owner-occupant. Vaulted ceilings, well-kept appliances from 2012, and a private two-car garage enhance the functionality and appeal of the space. Recent improvements include a full building seal, new sump pump, and upgraded sewer piping completed in 2025, reducing future maintenance needs. With projected rental income exceeding $5,500 per month, the property provides immediate cash flow and long-term investment potential. This property offers flexibility for investors seeking a steady tenant, as well as the option to live upstairs while managing the commercial space below.

Location

State IL

County Cook

Area Chi - Logan Square

Zoning OTHER

Interior

Cooling Central Individual, Window Unit(s)

Flooring Tile, Wood

Fireplace N

Exterior

Utilities Available Electricity Available, Natural Gas Available, Sewer Connected

Roof Type Rubber

Building

Dwelling Type Mixed Use

Water Municipal Water

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Caroline Crawford of  EXIT Strategy Realty 

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Dennis & Karen

Dennis & Karen

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+1(219) 213-3346

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2062 N Damen AVE

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