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$1,600,000
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Property Description
The ultimate investment opportunity awaits! This rare multi-unit compound offers two buildings for the price of one in a premier Chicago location-perfect for savvy investors or owner-occupants looking to maximize returns. Anchored by a stately 4-unit Greystone and complemented by a separate 2-unit coach house, the property features 13 bedrooms and 6 bathrooms across spacious, well-maintained layouts. Each unit blends modern comfort with timeless character, boasting hardwood floors, in-unit laundry, central air, and private decks. Outdoor living shines with a peaceful patio and koi fishpond, creating a true urban oasis. Located just steps from Chicago's best dining, shopping, nightlife, and transit, this property is unmatched in potential and location. With current rents well below market, there's immediate value-add upside-don't miss this rare opportunity to own one of the city's most versatile and income-generating properties. Schedule your private showing today!
Full Property Details
Full Property Details for 949 N Damen Ave
General
- Sold For: $1,600,000
- Taxes: $20,376 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12218309
- Added to Site: 294 day(s) ago
Location
- Area: CHI - West Town
- County: Cook
- Driving Directions: Damen Just South of Augusta
Heating & Cooling
- Cooling Type: Central Air Conditioning, Window Unit(s)
- Heating Type: Forced Air, Gas
Utilities
- Onsite: Water Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished
- Stories/Levels: 3
- Square Feet: 4,134
- Current Bldg. Use: Multi-Family
- Year Built: 1890
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
- # Dryers: 6
Lot Features
- Lot Size (Sq. Ft.): 3,150
- Lot Dimensions: 25 x 126
- Frontage: City Street
- Potential Use: Condominium, Multi-Family
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $25,479
- Assessment Year: 1890
- Tax Amount: $20,376.5
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Electricity, Heat
Disclosures and Reports
- Property ID: 17064210040000
Listed by Compass
Sold by Domain Realty
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Schools
Schools serving 949 N Damen Ave
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 |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 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 949 N Damen Ave
Date
Details
Price
Change
Source
12/17/2025
Sold
$1,600,000
-7.24%
MLS
6/01/2025
Price Reduced
$1,724,900
-0.01%
MLS
3/27/2025
Listed
$1,725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
949 N Damen Avenue, Chicago, IL 60622 (MLS# 12218309) is a Commercial property that was sold at $1,600,000 on December 17, 2025. Want to learn more about 949 N Damen Avenue? Do you have questions about finding other Commercial 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.

