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2048 N Damen Ave
Chicago, IL 60647
2048 N. Damen - 6 Units - Bucktown · Multifamily Property For Sale
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6 Units
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 6,485 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1921/2016 |
| Building Class | C | ||
| Zoning | B3-2 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 6,485 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1921/2016 |
| Zoning | B3-2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Hardwood Floors
- Dining Room
ABOUT 2048 N DAMEN AVE , CHICAGO, IL 60647
Excellent investment opportunity in Prime Bucktown Location, located directly next to Toast restaurant and across the street from Coast Sushi Bar. The building features 5 luxuriously rehabbed apartments and 1 ground floor retail. The Five Residential units boast brand new kitchens and bathrooms with quartz counters, hardwood floors throughout and In Unit Washer / Dryer. The corner retail is leased for $3,090 / month with 3% annual increases. The retail lease is NNN, has 2 years remaining + 3 year option. This stabilized building is being offered above a 6% Cap Rate with zero deferred maintenance and minimal management required.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 2 | $2,825 | - |
| 3+2 | 3 | $3,175 | - |
PROPERTY TAXES
| Parcel Number | 14-31-135-036-0000 | Improvements Assessment | $106,120 |
| Land Assessment | $20,880 | Total Assessment | $127,000 |
PROPERTY TAXES
