Multifamily Housing - For Sale
4821 North Damen Avenue Chicago, IL 60625
Details & Description
Price: $250,000
  • Property Type Multifamily for Sale
  • Lot Size Acres 0.074
  • Building Sq Ft 5,200
  • Building Price per Sq Ft $48.08
  • Land Sq Ft 3,200
  • Land Price per Sq Ft $78.13
HighlightsRavenswood investmentStrong business presence in the communityApprox. 1200 SF on the first floor of this 4 unit buildingIncludes one outdoor parking space1 1/2 years remaining on the leaseRE Taxes 2018 (14-07-419-033-1001) $5445.00Lease rental rate at fair market valueZoned B3-2NOI $22,836.00CAP RATE 9.0%DescriptionCommercial Condo for sale located in the well-established Ravenswood neighborhood. Ravenswood is walking distance to trendy boutiques, excellent restaurants and spectacular nightlife. Damen Ave includes a mix of great retailers with high VPD & pedestrian traffic with close proximity to Lincoln Square. Tenant is responsible for RE taxes & condo assessments covered under additional rent, lease available upon request.LocationRavenswood
Listing Agents
Tony Schillaci

O: 773-491-2572
tschillaci@jameson.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

4821 North Damen Avenue

Chicago, IL 60625

Listing ID: 202363
$250,000
For Sale
  • Property Type Multifamily for Sale
  • Lot Size Acres 0.074
  • Building Sq Ft 5,200
  • Building Price per Sq Ft $48.08
  • Land Sq Ft 3,200
  • Land Price per Sq Ft $78.13
4821 North Damen Avenue Chicago, IL 60625 | for Sale | Photo 1
Description

Highlights

Ravenswood investment

Strong business presence in the community

Approx. 1200 SF on the first floor of this 4 unit building

Includes one outdoor parking space

1 1/2 years remaining on the lease

RE Taxes 2018 (14-07-419-033-1001) $5445.00

Lease rental rate at fair market value

Zoned B3-2

NOI $22,836.00

CAP RATE 9.0%

Description

Commercial Condo for sale located in the well-established Ravenswood neighborhood. Ravenswood is walking distance to trendy boutiques, excellent restaurants and spectacular nightlife. Damen Ave includes a mix of great retailers with high VPD & pedestrian traffic with close proximity to Lincoln Square. Tenant is responsible for RE taxes & condo assessments covered under additional rent, lease available upon request.

Location

Ravenswood

Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 
Chicago History of Multifamily Housing for Sale

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Chicago Area Market Trends

Listing Demographics for 4821 North Damen Avenue Chicago, IL 60625

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population65,367557,3111,063,961
Population Median Age373737
Population by Age0-9 Yrs7196 (11%)59963 (10%)116089 (10%)
10-19 Yrs3475 (5%)47413 (8%)97210 (9%)
20-29 Yrs12022 (18%)112982 (20%)211278 (19%)
30-39 Yrs17051 (26%)114919 (20%)212876 (20%)
40-49 Yrs10206 (15%)72363 (12%)137057 (12%)
50-59 Yrs6950 (10%)61310 (11%)115863 (10%)
60-69 Yrs4511 (6%)45982 (8%)92038 (8%)
70+ Yrs3957 (6%)42380 (7%)81551 (7%)
Median HH Income$83,072$68,449$73,106
Total Household Income< 24K3747 (12%)44013 (18%)77841 (17%)
25-49K5425 (17%)47339 (19%)81305 (18%)
50-74K4708 (15%)39622 (16%)70544 (15%)
75-99K4260 (13%)28398 (11%)53705 (11%)
100-199K8295 (27%)56238 (23%)109978 (24%)
200K+4077 (13%)27625 (11%)56209 (12%)
Highest Education LevelNo Diploma29424195184746
Diploma or GED484457719120124
Some College613452573101553
Assoc. Degree20732043538000
Bachelors Degree20553139480253970
Higher Degree1436793004173027
Total Housing Units32,827268,462494,615
--Owner-Occupied12,24998,293195,649
--Renter-Occupied18,263144,944253,932
Owner-Occupied Values< 100K19747228080
100-199K8731682327445
200-299K25092103043271
300-399K24841766139484
400-499K15401150124358
500K+46462655653011
Total Working Age Population55,791470,534891,587
In Work Force44,940343,691648,145
Not In Work Force10,851126,843243,441
Workforce Employed43,317328,136619,933
Workforce Unemployed1,62215,37727,965
Civlian Workforce44,940343,512647,898
Military Workforce0179248
Total Households30,512243,237449,581
Family Households12,992109,106213,528
Non-Family Households17,520134,131236,053
Married Couple10,72682,462158,988
Other Family2,26626,64354,541
Married w/Child4,57834,80167,244
Single Male w/Child1963,2706,510
Single Female w/Child9428,39717,411

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Illinois12,419,293+312,830,632+1214,316,487+615,138,849
Cook County5,376,741-35,194,675+105,707,832+55,990,243

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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Closest Commercial Airports
Airport Distance (mi)
Chicago O'Hare International Airport (ORD) 12
Chicago Midway International Airport (MDW) 13
General Mitchell International Airport (MKE) 68
Listing Agent
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