3541 N Damen Avenue, Chicago, IL

$1,100,000

Overview

  • 316749
  • Property ID
  • Updated On:
  • April 19, 2026
  • 6
  • Bedrooms
  • 4
  • Bathrooms
  • 0 ft2
  • Property Lot Size

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.

Bathrooms
3+
Bedrooms
5+
Climate Control
Heating
Garden
Yes
Parking
Garage
Other Features
Asphalt
Brick
Brick/Mortar
Ceiling Fan(s)
CO Detectors
Concrete Perimeter
Curbs
Deck
Detached
Fenced
Frame
Garage Door Opener
Garage Owned
Gated
Intercom
Lake Michigan
Multiple Water Heaters
Natural Gas
Other
Park
Porch
Public
Public Sewer
Security System
Sidewalks
Street Lights
Street Paved
Vinyl Siding

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$5,639.92
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 4,264.92

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Information for the property at 3541 N Damen Avenue, Chicago, IL, 60618 (Property ID: 316749) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi