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3541 N Damen Avenue Chicago, IL 60618 Multi Unit - Multiple New

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  • 3541 N Damen Avenue , Chicago, IL 60618 Main Photo

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Description

Located in the highly sought-after Roscoe Village neighborhood of Chicago, this completely rehabbed legal 3-unit building offers an exceptional turnkey investment opportunity. Each unit features beautiful, condo-quality finishes, blending modern style with comfortable living. All three units are currently rented, providing immediate income, with Units 1 and 3 offering lease expirations later this year-creating flexibility for an owner-occupant or the ability to adjust rents. Long-term tenants are currently paying below-market rents, presenting a clear path for a new owner to realize strong upside potential. Ideally situated within walking distance to public transportation, including nearby train lines and major routes, this property is perfectly positioned for renters. Enjoy the convenience of having popular shops, restaurants, and vibrant nightlife just steps from your front door. The building also features a spacious deck, a beautifully maintained fenced yard with grass and patio space, and a 2-car garage. The seller currently covers all utilities for the building. A rare opportunity to own a fully updated, income-generating property in one of Chicago's most desirable neighborhoods.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 6
Bathrooms: 4
County: Cook
Listed By:
Star Realty & Management 312-371-2564
MRED MLS
$1,100,000
Est. $8,538/mo
6beds
4baths
2cars
New to the Market New
BEDS6 BATHS4 full MLS#12623539
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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3541 N Damen Avenue , Chicago, IL 60618.

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Loan Type FHA 30 Year Fixed15 Year FixedVA 30 year fixed
Purchase Price $1,100,000$1,100,000$1,100,000
Down Payment $38,500$275,000$0
Monthly Mortgage Amount $6,563$6,686$6,827
Taxes $1531$1531$1531
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $660$0$0
Monthly Estimated Total $9,075$8,538$8,679

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