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Browse More Listings in Retail For Sale, Chicago, IL or Illinois

Retail Property For Sale

8 Cap-Ravenswood Mixed Use

4635-4639 N. Damen, Chicago, IL 60625

Price:
$1,499,000
Building Size:
10,000 SF
Price/SF:
$149.90
Property Type:
Retail
Property Sub-type:
Street Retail
Additional Sub-types:
Multifamily (land)
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
8%
Tenancy:
Multiple
Lot Size:
10,250 SF
Find Out More...

Last Verified 10/22/2009 Listing ID 16280895

Description

" Opportunity to own investment property in vibrant Chicago
neighborhood Lincoln Square.
" 4 commercial units and 8 residential dwellings.
" Approximately 68' x 150' lot in B3-2 zoned area. *
" Next door to brand new Damen Brown Line.
" Fully leased building with room for rental increases.
" All units have individual heating.
" Over $160,000 in income.
" Walking distance to shops and restaurants of Lincoln Square.

Excellent Lincoln Square retail location next to newly renovated CTA Damen
Brown Line terminal. There are two detached two-flats in the rear. All three buildings are fully leased and have separate utilities. The property has approximately 70' feet of frontage on Damen Ave. Very high foot traffic with the CTA terminal makes this a winning retail property.

Financial Summary

Actual
Net Operating Income
$110,495

Map of 4635-4639 N. Damen, Chicago, IL 60625 (Cook County)

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Presented by

root realty, inc.

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Contact Listing Broker

Joseph Root (773) 348-8080

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Created 6/16/2009

Additional Information for 4635 N Damen Avenue, Chicago, IL 60625

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 4635-4639 N. Damen, Chicago, IL 60625

Nearby Retail properties for saleSearch all commercial real estate for sale

4752-60 N. Racine
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Wild Pug - Tavern w/ Gorgeous New Build-Out
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Price Not Disclosed
2,482 SF

Nearby Retail properties for leaseSearch all commercial real estate for lease

Uptown Broadway Building - New Restoration
$15.00 - $24.00/SF/Year
1,400 - 7,200 SF
1132 W. Wilson Ave.
$18.00 - $22.00/SF/Year
1,674 - 3,489 SF
Broadway/Clark Building
$19.50 - $37.00/SF/Year
270 - 4,163 SF
1217 W. Wilson Ave.
$28.00/SF/Year
2,482 SF
4550 N Magnolia Avenue
$20.00/SF/Year
5,000 SF

Nearby Recently Sold Retail propertiesSearch all recently sold commercial real estate

Free Standing Bldg
Sold 1Q 2007
Free Standing Bldg
Sold 3Q 2008
Retail (Other)
Sold 1Q 2006
Street Retail
Sold 3Q 2007
Retail (Other)
Sold 2Q 2009

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Retail Property For Sale - 8 Cap-Ravenswood Mixed Use

4635-4639 N. Damen, Chicago, IL, 60625