938 N Damen Avenue #1F
Chicago, IL 60622

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Description

This is a perfect investment for the arm chair investor. Long term tenant, with a lease expiring 04/30/2027. Dynamic Ukrainian Village location. This commercial condo features soaring 12ft ceilings, hardwood floors, exposed brick, floor to ceiling windows, a half bath, and kitchenette. Professional exterior sign in place. Storage in basement. Building has curb appeal. Restrictions are in place, such as no bars. Being offered at a 6 cap rate. Broker Owned.

Features

• Property Type: Commercial
• Sub Type: Retail/Stores
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60622
• Year Built: 1930
• Sq.Ft.: 1,033 sq ft
• Stories: 3
• Zoning: RTAIL
• All Sub-Types: Retail/Stores, Neighborhood Storefront
• Building Area Total: 1033
• Cap Rate: 6
• Ceiling Height (Ft): 12
• Cooling: Central Air
• Directions: AUGUSTA TO DAMEN, SOUTH ON DAMEN
• Electric: Service - 101 to 200 Amps
• Gross Income: 24600
• Gross Scheduled Income: 24600
• Heat/Ventilation: Forced Air, Gas
• Leasable Area: 1033
• Lot Size Square Feet: 3300
• Main Type: Commercial Sale
• Min Avail Sq Ft (Rentable): 1033
• Original Rental Price: 25.41
• Property Offered: For Sale or Rent
• Rental Price: 25.41
• Tax Annual Amount: 7435.84
• Tax Year: 2023
• Tenant Pays: Electricity, Heat
• Total Monthly Income: 2050
• Township: West Chicago