2,919 sq ft
Commercial: Mixed Use - MLS# 12418823
Tools & Resources:
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.
Features
- Property Type: Commercial
- Sub Type: Mixed Use
- Listing Status: Active
- County/Area: Cook County
- Zip Code: 60647
- Year Built: 1903
- Sq.Ft.: 2,919 sq ft
- Stories: 2
- Units: 2 units
- # Of Apts: 1
- # Of Dishwashers: 1
- # Of Dryers: 1
- # Of Ranges: 2
- # Of Refrigs: 1
- # Of Stores: 1
- # Of Tenants: 1
- # Of Washers: 1
- Approximate Age: Older
- Building Area Total: 2919
- Built Before 1978 (Y/N): Yes
- Construction Materials: Brick
- Cooling: Central Individual, Window Unit(s)
- Directions: Damen Ave. Just North of Armitage on the west side of the street.
- Electric: Service - 0 to 100 Amps
- Fire Protection: Alarm On Site, Partially Sprinklered
- Flooring: Tile, Wood
- Foundation Details: Stone
- Geographic Locale: Chicago North
- Gross Income: 66000
- Gross Rent Multiplier: 13
- Gross Scheduled Income: 66000
- Heat/Ventilation: Central Heat/Indiv Controls, Forced Air, Gas
- Indoor Parking: Detached
- Known Encumbrances: None Known
- Location: Mixed Use Area, In City Limits
- Lot Size Square Feet: 2400
- Main Type: Commercial Sale
- Misc Inside: Multi-Tenant, Private Restroom/s, Public Restroom/s, Storage Inside, Basement
- Misc Outside: Enclosed Stairs, Fire Escape, Security Gate
- Original Rental Price: 26.11
- Ownership Type: Individual
- Rental Price: 26.11
- Roof: Rubber
- Roof Structure: Pitched
- Tax Annual Amount: 14477
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Electricity, Heat
- Total Actual Rent: 5500
- Total Monthly Income: 5500
- Township: North Chicago
- Utilities: Electricity Available, Natural Gas Available, Sewer Connected
- Virtual Tour Date: 2025-09-02T18:24:56
- Washer/Dryer Lsd (Y/N): Yes
- Water Drainage: Floor Drains
- Water Source: Municipal Water
©2026, Midwest Real Estate Data (MRED). All rights reserved.