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$239,000
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Property Description
This is a perfect investment for the arm chair investor. Long term tenant, with a lease expiring 04/30/2027. Dynamic Ukrainian Village location. This commercial condo features soaring 12ft ceilings, hardwood floors, exposed brick, floor to ceiling windows, a half bath, and kitchenette. Professional exterior sign in place. Storage in basement. Building has curb appeal. Restrictions are in place, such as no bars. Being offered at a 6 cap rate. Broker Owned.
Full Property Details
Full Property Details for 938 N Damen Ave #1F
General
- Price: $239,000
- Taxes: $7,435 (2023)
- Status: Active
- Type: Commercial Residential Facility
- Source: MRED
- MLS ID: 12363673
- Updated: 5/19/2025
- Added to Site: 282 day(s) ago
Location
- Area: CHI - West Town
- County: Cook
- Township: West Chicago
- Driving Directions: AUGUSTA TO DAMEN, SOUTH ON DAMEN
- Location Details: Chicago West
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Stories/Levels: 3
- Square Feet: 1,033
- Year Built: 1930
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 3,300
- Lot Dimensions: 30 x 110
- Zoning: RTAIL
Financial Considerations
- Lease Price: $25
- For Sale/Rent/Lease: For Sale or Rent
- Operating Expenses: $10,540
- Assessment Year: 1930
- Tax Amount: $7,435.84
- Tax Year: 2023
- Tenant Pays: Electricity, Heat
Disclosures and Reports
- Property ID: 17063190470000
Listed by Epic Investment Company
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Schools
Schools serving 938 N Damen Ave #1F
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Columbus Elementary School, Chicago, IL 1003 North Leavitt Street, Chicago, IL 60622 | PK-8 | 0.2 mi |
Clemente Community Academy High School 1147 North Western Avenue, Chicago, IL 60622 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 938 N Damen Ave #1F
Date
Details
Price
Change
Source
5/13/2025
Listed
$239,000
-68.13%
MLS
10/25/2005
Sold
$750,000
—
Public Record
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
Tax History for 938 N Damen Ave #1F
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,436
-17%
$35,137
-19%
2022
$8,968
2%
$43,603
—
2021
$8,768
87%
$43,603
107%
2020
$4,685
11%
$21,030
—
2019
$4,225
2%
$21,030
—
2018
$4,154
6%
$21,030
15%
2017
$3,921
7%
$18,214
—
2016
$3,648
9%
$18,214
—
2015
$3,338
—
$18,214
1%
2014
$3,352
2%
$18,064
—
2013
$3,285
1%
$18,064
—
2012
$3,241
—
$18,064
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 938 N Damen Ave #1F
938 N Damen Avenue #1F, Chicago, IL 60622 (MLS# 12363673) is a Commercial Residential Facility property. 938 N Damen Avenue #1F is currently listed for $239,000 and was received on May 13, 2025. Want to learn more about 938 N Damen Avenue #1F? Do you have questions about finding other Commercial Residential Facility real estate for sale in West Town? You can browse all West Town real estate or contact a Coldwell Banker agent to request more information.

