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$1,250,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • 2 Car Garage
  • Updated 2 hours ago
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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.

Full Property Details for 3541 N Damen Ave

General

  • Price: $1,250,000
  • Taxes: $14,666 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12614188
  • Updated: 4/9/2026
  • Added to Site: 1 day(s) ago

Rental Information

  • Complex Features: Park, Curbs, Gated, Sidewalks, Street Lights, Street Paved

Interior

  • Basement: Crawl Spac

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Upper - Full Baths: 4

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Equipment: Security System, Intercom, Carbon Monoxide Detectors, Ceiling Fan(s), Multiple Water Heaters

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Garage Door Opener, Garage, Yes, Garage Owned, Detached

Location

  • Area: CHI - North Center
  • County: Cook
  • Township: Lake View
  • Driving Directions: Just south of Addison on Damen to Property

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan, Public

Structural Information

  • Architectural Info: Other
  • Architectural Style: Other
  • Construction: Vinyl Siding, Brick, Frame
  • Exterior Const.: Vinyl Siding, Brick, Frame
  • Basement: Yes
  • Basement Desc.: Crawl Space, Partial
  • Foundation: Brick/Mortar, Concrete Perimeter
  • Roof: Asphalt
  • Built Before 1978: Yes
  • Remodeled/Updated: 2019

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 25 x 125
  • Fence: Yes
  • Zoning: MULTI
  • Fencing (Description): Fenced

Financial Considerations

  • Parking Included: Yes
  • Tax Amount: $14,666.27
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 14194000240000

Listed by Star Realty & Management

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— 3541 N Damen Ave —

  • Star Realty & Management

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 3541 N Damen Ave

School District:Chicago Public School District 299
NameGradesDistance
Audubon Elementary School
3500 North Hoyne Avenue, Chicago, IL 60618
PK-80.2 mi
Lake View High School
4015 North Ashland Avenue, Chicago, IL 60613
9-120.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3541 N Damen Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/08/2026
Listed
$1,250,000
115.52%
MLS
3/25/2019
Sold
$580,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3541 N Damen Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$14,347
3%
$67,999
—
2022
$13,986
2%
$67,999
—
2021
$13,674
40%
$67,999
55%
2020
$9,800
6%
$43,993
-11%
2019
$9,242
2%
$49,431
—
2018
$9,086
19%
$49,431
27%
2017
$7,620
5%
$38,771
—
2016
$7,265
10%
$38,771
—
2015
$6,624
9%
$38,771
10%
2014
$6,085
-9%
$35,364
-10%
2013
$6,701
-16%
$39,474
-15%
2012
$7,932
—
$46,700
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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3541 N Damen Avenue, Chicago, IL 60618 (MLS# 12614188) is a Multi-Family property with 3 units containing 6 bedrooms and 0 full bathrooms. 3541 N Damen Avenue is currently listed for $1,250,000 and was received on April 08, 2026. Want to learn more about 3541 N Damen Avenue? Do you have questions about finding other Multi-Family real estate for sale in North Center? You can browse all North Center real estate or contact a Coldwell Banker agent to request more information.

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