4800-4820 N Damen Ave
Chicago, IL 60625
CVS · Multifamily Property For Sale · 42 Units

CVS is located in the Ravenswood neighborhood of Chicago, IL approximately 6 miles north of downtown Chicago. The property is situated as a ground floor retail condo within an 80,000 SF mixed-use development with 42 residential condo units above. CVS benefits from positioning at a signalized hard corner with exposure to 37,400 VPD as well as 20 reserved parking spaces and a drive-thru, which is extremely rare for an urban infill retail condo. The retail condo is extremely accessible via public transportation as there are 5 CTA ‘L’ stations with one mile, including the Rockwell, Western, Damen, and Montrose Brown Line stations and the Lawrence Red Line station. The Brown Line stations had combined ridership of 3.67 million passengers while the Lawrence Red Line station ushered in 1.15 million passengers in 2016, providing the area with solid consumer counts. The sub-market is anchored by Ravenswood Station, a recently built shopping center featuring 123,650 SF of retail including Mariano’s Fresh Market and LA Fitness. Other retailers attracting consumers to the area are Wendy’s, Dunkin’ Donuts, McDonald’s, Walgreens, Jimmy John’s, AutoZone, Dollar Tree, U.S. Bank, and Chase Bank, among others.