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948 N Damen AVE Chicago, IL 60622
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Key Details
Sold Price $735,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11205597
Sold Date 10/27/22
Year Built 1916
Annual Tax Amount $12,954
Tax Year 2020
Lot Dimensions 28X104
Property Sub-Type Mixed Use
Property Description
Cash cow awaits on this sturdy brick multi-unit mixed use building in prime and bustling West Town location. Just steps from all of the wonderful shops and restaurants in the Chicago Ave and Division Ave corridors. Close to public transportation and expressway. Building is comprised of Five spacious 2bed/1bath units and one commercial office space on main level. Three level building with two front units and three rear units. Each unit has its own furnace and hot water tank. Gas forced heat, NO central A/C installed. Long term tenants on month to month leases at well below market rents. Bring your cosmetic ideas to give an instant boost to rental income. Rear porch in great shape has nice outdoor space for rear units. Parking slab for 2 cars in back also in great condition. Building is sold in as-is condition. This is a great opportunity in an A+ location!
Location
State IL
County Cook
Area Chi - West Town
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Building
Level or Stories 3
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