Damen Pierce FOR SALE


Chicago, IL - Wicker Park
$16,625,000 USD
312-327-5455
, Chicago, IL for Sale
$16,625,000 USD
FOR SALE
1/12
null | 6.25% Cap Rate

Damen Pierce
Chicago, IL
Wicker Park


HIGHLIGHTS

  • 22 Multifamily Units and 5 Fully Leased Commercial Spaces
  • Ability to convert unit 201 to multifamily, with minor improvements needed
  • Ample Garage and Outdoor Parking
  • Long History of Occupancy
  • In-Unit Laundry
  • Elevator Building (Pierce)

OVERVIEW

Marcus & Millichap is pleased to present 1542 North Damen Avenue / 2010 West Pierce Avenue, a strategically located mixed-use investment property in the Wicker Park/Bucktown neighborhood of Chicago, Illinois. This property consists of 22 multifamily units and 5 commercial spaces at the corner of Damen and Pierce. The property sits in the heart of one of Chicago’s most desirable and vibrant neighborhoods, with easy access to public transit (CTA Blue Line Damen Stop) and a range of amenities. With generous floor plans, these apartments provide tenants with ample living space and elevator access to each floor, setting them apart from typical units in the neighborhood. With its desirable unit mix, stable cash flow, and prime location, 1542 North Damen Avenue & 2010 West Pierce Avenue offers an outstanding investment opportunity for investors seeking long-term value in one of Chicago’s most dynamic neighborhoods.

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 Policy.