1640 N Damen Ave - Apartments FOR SALE


Chicago, IL 60647- Bucktown
$6,500,000 USD
312-327-5455
1640 N Damen Ave, Chicago, IL for Sale
$6,500,000 USD
Apartments - FOR SALE
1/8
null | 6.51% Cap Rate

1640 N Damen Ave
Chicago, IL 60647
Bucktown


HIGHLIGHTS

  • 6 Apartments and One Commercial Space
  • Corporate Guaranteed Lease through 2030

OVERVIEW

1640 N Damen Ave offers a rare opportunity to acquire a premium mixed-use asset in the heart of Bucktown—one of Chicago’s most vibrant and in-demand neighborhoods. Positioned along Damen Avenue’s high-visibility corridor, the property benefits from strong pedestrian foot traffic, excellent retail synergy, and proximity to the CTA Blue Line, the 606 Trail, and top-tier local amenities.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$705 USD /SF

# OF UNITS

6

PRICE/UNIT

$1,083,333

CAP RATE

6.51%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

B3-3

APN/PARCEL ID

14-31-332-044-0000

ASK ABOUT THIS PROPERTY

Kyle StengleMarcus & MillichapMore Info
312-327-5455

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Kyle StengleMarcus & MillichapMore Info
312-327-5455

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.