5239 North Damen Avenue
$1,150,000
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Description
Located on a corner lot in the up and coming neighborhood of Bowmanville, this mixed-use building is perfect for an investor or user looking for a home for their business. The property features (2) 2br/1ba apartments + (1) non-conforming studio unit - all located on the second floor. The ground floor features (3) commercial spaces. One is occupied through 10/1/2025 and the other two are vacant. Previously there had been a bar with both spaces combined, but now it's set up for an office/retail set...Located on a corner lot in the up and coming neighborhood of Bowmanville, this mixed-use building is perfect for an investor or user looking for a home for their business. The property features (2) 2br/1ba apartments + (1) non-conforming studio unit - all located on the second floor. The ground floor features (3) commercial spaces. One is occupied through 10/1/2025 and the other two are vacant. Previously there had been a bar with both spaces combined, but now it's set up for an office/retail set up. Endless possibilities on this one. All units have individual HVAC & the roof is a tear off in 2024. Commercial spaces feature newer commercial windows as well. Current gross rents are $54,000 annually. That can be pushed to $119,400 JUST BY FILLING VACANCIES! Apartment rents are well below market (long term tenants and relative in the other) & studio unit is vacant as it was recently renovated. Reach out to learn more about this asset.
- Listed by John Preston • Horvath & Tremblay IL, LLC
Property Details for 5239 North Damen Avenue
Area
CHI - Lincoln Square
ZoningCOMMR
LISTING UPDATED: 11/10/2024 12:07 AM
Property Details for 5239 North Damen Avenue
Status | Active |
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MLS # | 12203146 |
Days on Market | 27 |
Taxes | $13,903 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale |
Year Built | 1930 |
Lot Size | 0.08 AC / 3,596 SF |
County | Cook County |
Building Information for 5239 North Damen Avenue
Stories2Residences6Year Built1930Lot Size0.08 AC / 3,596 SF
Property Information for 5239 North Damen Avenue
Property History for 5239 North Damen Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5239 North Damen Avenue
Taxable ValueLand$28,768Additions$55,232Total$84,000
Tax Record2022$13,983 ($1,165 / month)
Home Facts
Baths5Total Finished SqFt6,148 SqFtAbove Grade Finished SqFt6,148 SqFtStories2Lot Size3,596 SqFtStyleMulti-Family Res (5+ Units)Year Built1932CountyCOOKAPN14-07-220-016
Schools near 5239 North Damen Avenue
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 | |||
Public - | K to 8 |
Rating | School | Distance |
---|---|---|
Chappell Elementary School PublicPK to 8 | ||
Amundsen High School Public9 to 12 | ||
Passages Elementary Charter School CharterK to 8 | ||
Stone Elementary Scholastic Academy PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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