Homes for sale - 2062 N Damen Avenue, Chicago, IL 60647

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Joanna Lewkowicz

joanna@boutiquehomerealty.com +1(708) 226-4848

Listed by Caroline Crawfordof EXIT Strategy Realty

$873,000

Est. payment - /mo

2,919 SqFt

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,919 sqft

Price per Sqft $299

MLS Listing ID 12418823

Year Built 1903

Annual Tax Amount $14,477

Tax Year 2023

Lot Dimensions 24 X 100

Property Sub-Type Mixed Use

Property Description

Calling all seasoned investors and owner-occupants! This mixed-use property in Bucktown presents a stable investment with strong long-term potential. Located in one of Chicago's most desirable neighborhoods, with steady population growth and rising rental rates, the property is near The 606 Trail, CTA Blue Line, I-90/94, and numerous restaurants, shops, and cafes. The street-level commercial space is leased to Fine Eats, a successful Thai restaurant with a secure lease through March 2027. The business has a proven track record, and the high-traffic location provides consistent income. The brick building ensures durability and minimal maintenance, supporting long-term stability. Upstairs, the residential apartment receives ample natural light and features a modern layout that feels separate from the commercial space below. The unit has been refreshed with new paint, deep cleaned, and maintained, making it ready for a new tenant or owner-occupant. Vaulted ceilings, well-kept appliances from 2012, and a private two-car garage enhance the functionality and appeal of the space. Recent improvements include a full building seal, new sump pump, and upgraded sewer piping completed in 2025, reducing future maintenance needs. With projected rental income exceeding $5,500 per month, the property provides immediate cash flow and long-term investment potential. This property offers flexibility for investors seeking a steady tenant, as well as the option to live upstairs while managing the commercial space below.

Location

State IL

County Cook

Zoning OTHER

Interior

Cooling Central Individual, Window Unit(s)

Flooring Tile, Wood

Fireplace Y

Exterior

Utilities Available Electricity Available, Natural Gas Available, Sewer Connected

View Y/N true

Roof Type Rubber

Building

Foundation Stone

Water Municipal Water

Structure Type Brick

Others

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Joanna Lewkowicz

Designated Managing Broker | Owner | 471.018027 471018027

+1(708) 226-4848 | joanna@boutiquehomerealty.com

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2062 N Damen Avenue Chicago, IL 60647

Joanna Lewkowicz

Key Details

Location

Interior

Exterior

Building

Others

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2062 N Damen Avenue