$1,185,000
$1,295,000
8.5%For more information regarding the value of a property, please contact us for a free consultation.
5,552 SqFt
SOLD DATE : 10/04/2024
Key Details
Sold Price $1,185,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 5,552 sqft
Price per Sqft $213
MLS Listing ID 12075819
Sold Date 10/04/24
Year Built 1910
Annual Tax Amount $18,922
Tax Year 2022
Lot Dimensions 26 X 127
Property Sub-Type Mixed Use
Property Description
Introducing 2111 S Damen Avenue, an exceptional investment opportunity in the heart of Chicago. This historic 5,552 SF building, constructed in 1891 and thoughtfully renovated in 2018, comprises 6 fully-occupied units, offering the ideal income-generating potential for a multifamily/low-rise garden investor. Boasting B2-3 zoning with a recent zoning change allowing for retail conversion to residential and allowing for an additional unit, this property features private green space, steel porches, in-unit laundry, HVAC in all apartments, and extra storage space. With easy access to public transportation and a full basement, this property presents a compelling investment prospect. The Coach House foundation has been completely reinforced with new supports and concrete.
Location
State IL
County Cook
Area Chi - Lower West Side
Zoning MULTI
Interior
Cooling Central Air, Central Individual, Window Unit(s)
Fireplace N
Building
Level or Stories 2
Structure Type Brick
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Bought with Vaibhav Patel • Realty of Chicago LLC
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