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Add-Value Bucktown 1704 N Damen Ave 5,139 SF 4-Star Retail Building Chicago, IL 60647 For Sale
INVESTMENT HIGHLIGHTS
- Add-Value Building in Chicago’s Prime Bucktown Neighborhood
- Frontage Along N. Damen Avenue which Sees 12,700 VPD
- Part of a Retail Corridor | One of Three Major Corridors in Chicago
- Originally Constructed for Google’s Glass Concept
- 0.1 Miles from the Six-way Intersection of N. Milwaukee Avenue, W. North Avenue, and N. Damen Avenue, Known as “Six Corners” (35,200 VPD)
- Average Household Income of $205,831 within a 0.5-mile Radius | 60,335 People Live and 46,123 People Work within a Mile Radius of the Subject Property
EXECUTIVE SUMMARY
This value-add opportunity is located in Chicago’s highly desirable Bucktown neighborhood. The 5,139-square-foot building was originally constructed for Google’s Glass concept; however, the product never launched, and Google ultimately did not occupy the space. The property offers exceptional visibility with frontage along N. Damen Avenue and is just 0.1 miles from the vibrant six-corner intersection of N. Damen, N. Milwaukee, and W. North Avenues. The property offers excellent accessibility with proximity to two CTA Blue Line stations, the Clybourn Metra Station, and Interstate 90/94. Surrounding demand drivers include a strong mix of national and local retailers such as Chipotle, Warby Parker, Bluemercury, Barnes & Noble, and CorePower Yoga. The trade area is both dense and affluent, with more than 60,000 residents within one mile and an average household income of over $200,000.
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PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,139 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2016
Tenancy
Single
Building Height
3 Stories
Building FAR
2.36
Lot Size
0.05 AC
Zoning
Commercial
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (77)
Bike Score®
Biker's Paradise (93)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 14-31-325-042-0000 | Improvements Assessment | $210,366 CAD |
| Land Assessment | $42,285 CAD | Total Assessment | $252,651 CAD |
PROPERTY TAXES
Parcel Number
14-31-325-042-0000
Land Assessment
$42,285 CAD
Improvements Assessment
$210,366 CAD
Total Assessment
$252,651 CAD
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Add-Value Bucktown | 1704 N Damen Ave
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