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$1,200,000
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Property 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.
Full Property Details
Full Property Details for 3541 N Damen Ave
General
- Sold For: $1,200,000
- Taxes: $14,666 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12623539
- Added to Site: 92 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 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
- Driving Directions: Just south of Addison on Damen to Property
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan, Public
Structural Information
- Architectural Style: Other
- Construction: Vinyl Siding, Brick, Frame
- Exterior Const.: Vinyl Siding, Brick, Frame
- 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
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 14194000240000
Listed by Star Realty & Management
Sold by Compass
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Schools
Schools serving 3541 N Damen Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Audubon Elementary School 3500 North Hoyne Avenue, Chicago, IL 60618 | PK-8 | 0.2 mi |
Lake View High School 4015 North Ashland Avenue, Chicago, IL 60613 | 9-12 | 0.8 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
Date
Details
Price
Change
Source
6/30/2026
Sold
$1,200,000
9.09%
MLS
4/19/2026
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3541 N Damen Avenue, Chicago, IL 60618 (MLS# 12623539) is a Multi-Family property that was sold at $1,200,000 on June 30, 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.

