Multifamily Housing
4821 North Damen Avenue Chicago, IL 60625

Details & Description

Price: $250,000

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

Property ID: 202363
Property URL: melqr.com/202363
Generated: 04-28-24

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.

Illinois / Chicago / 60625 / 4821 North Damen Avenue

4821 North Damen Avenue

Chicago, IL 60625

Listing ID: 202363

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4821 North Damen Avenue Chicago, IL 60625 | for Sale | Photo 1

Building Size: 5,200 SF

Lot Size: 0.074 AC

Land Size: 3,200 SF

Building $/SF: $48.08

Land $/SF: $78.13

Price

$250,000

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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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 Population		65,367	557,311	1,063,961
Population Median Age		37	37	37
Population by Age	0-9 Yrs	7196 (11%)	59963 (10%)	116089 (10%)
	10-19 Yrs	3475 (5%)	47413 (8%)	97210 (9%)
	20-29 Yrs	12022 (18%)	112982 (20%)	211278 (19%)
	30-39 Yrs	17051 (26%)	114919 (20%)	212876 (20%)
	40-49 Yrs	10206 (15%)	72363 (12%)	137057 (12%)
	50-59 Yrs	6950 (10%)	61310 (11%)	115863 (10%)
	60-69 Yrs	4511 (6%)	45982 (8%)	92038 (8%)
	70+ Yrs	3957 (6%)	42380 (7%)	81551 (7%)

Median HH Income		$83,072	$68,449	$73,106
Total Household Income	< 24K	3747 (12%)	44013 (18%)	77841 (17%)
	25-49K	5425 (17%)	47339 (19%)	81305 (18%)
	50-74K	4708 (15%)	39622 (16%)	70544 (15%)
	75-99K	4260 (13%)	28398 (11%)	53705 (11%)
	100-199K	8295 (27%)	56238 (23%)	109978 (24%)
	200K+	4077 (13%)	27625 (11%)	56209 (12%)

Highest Education Level	No Diploma	2942	41951	84746
	Diploma or GED	4844	57719	120124
	Some College	6134	52573	101553
	Assoc. Degree	2073	20435	38000
	Bachelors Degree	20553	139480	253970
	Higher Degree	14367	93004	173027

Total Housing Units		32,827	268,462	494,615
--Owner-Occupied		12,249	98,293	195,649
--Renter-Occupied		18,263	144,944	253,932
Owner-Occupied Values	< 100K	197	4722	8080
	100-199K	873	16823	27445
	200-299K	2509	21030	43271
	300-399K	2484	17661	39484
	400-499K	1540	11501	24358
	500K+	4646	26556	53011

Total Working Age Population		55,791	470,534	891,587
In Work Force		44,940	343,691	648,145
Not In Work Force		10,851	126,843	243,441
Workforce Employed		43,317	328,136	619,933
Workforce Unemployed		1,622	15,377	27,965
Civlian Workforce		44,940	343,512	647,898
Military Workforce		0	179	248

Total Households		30,512	243,237	449,581
Family Households		12,992	109,106	213,528
Non-Family Households		17,520	134,131	236,053
Married Couple		10,726	82,462	158,988
Other Family		2,266	26,643	54,541
Married w/Child		4,578	34,801	67,244
Single Male w/Child		196	3,270	6,510
Single Female w/Child		942	8,397	17,411

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Illinois	12,419,293	+3	12,830,632	+12	14,316,487	+6	15,138,849
Cook County	5,376,741	-3	5,194,675	+10	5,707,832	+5	5,990,243

Total Working Age Population:

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Total Working Age Population:

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Total Working Age Population:

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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.

Common Questions and Answers

What is the asking price for 4821 North Damen Avenue in Chicago?

The asking price for 4821 North Damen Avenue is $250,000

What is the building size of this Multifamily property in Chicago, IL?

The size of the building/unit at 4821 North Damen Avenue in Chicago is 5,200 square feet

How much land does the Chicago, IL property at 4821 North Damen Avenue include?

4821 North Damen Avenue in Chicago includes 0.074 acres of land

What is the population within 1 mile of 4821 North Damen Avenue in Chicago?

The population within 1 mile of 4821 North Damen Avenue Chicago, IL 60625 is 65,367 people.

Who do I contact for questions about 4821 North Damen Avenue?

You should contact the listing agent, Tony Schillaci, for any details regarding this commercial listing.

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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