949 N Damen Ave

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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,...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!

Listing Agent

  1. Manuel Pineda

    Manuel Pineda

    Listing Agent

    Compass

    manuel.pineda@compass.com

    P: (312)-730-6428

Sold By Domain Realty

Property Details for 949 North Damen Avenue

Area
CHI - West Town
Township
West Chicago
Air Conditioning Type
Central Air, Window Unit(s)
Zoning
MULTI
LISTING UPDATED: 12/18/2025 02:04 AM

Property Details for 949 North Damen Avenue

StatusClosed
MLS #12218309
Days on Market219
Taxes$20,377 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS TypeMulti Family 5+ / Multi Family 5+-Other
Year Built1890
Lot Size0.07 AC / 3,150 SF
CountyCook County
Buyer's Agent Compensation2.5%
Add your commute

Building Information for 949 North Damen Avenue

Stories3Residences6Year Built1890Building Size-Lot Size0.07 AC / 3,150 SF

Payment Calculator

$9,496 per month

30 year fixed, 6.15% Interest

Principal and Interest

$7,798

Property Taxes

$1,698

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 949 North Damen Avenue

General Information
Location and General Information
  • Frontage Type: City Street
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Basement Type: Finished
  • Bedrooms Possible: 13
  • Air Conditioning: Central Air, Window Unit(s)
  • Electric: Circuit Breakers
  • # Of Washers: 6
  • Heat/Ventilation: Forced Air,Gas
  • # Of Window/Ac: 3
  • # Of Refrigerators: 6
  • Washer/Dryer Lsd: No
  • # Of Dryers: 6
  • # Of Disposals: 6
  • # Of Dishwashers: 6
  • Num of Baths: 6.0
Utilities / Equipment
  • Utilities: Water Available
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Other
  • Lot Dimensions: 25X126
  • Lot Size Square Feet: 3150.0
  • Stories: 3
  • Construction: Brick
  • Building Area Total: 4134
  • # Of Ranges: 6
  • Conversion: N
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Condominium, Multi-Family
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 2
  • Document Date: 2025-10-24T17:03:43
  • Photos Count: 28
  • Deconversion: N
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Pool
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $1,180.00
  • Fuel Expense: $.00
  • Gross Income: $114,000.00
  • Gross Scheduled Income: $114,000.00
  • Insurance Expense: $4,720.00
  • Maintenance Expense: $5,000.00
  • Manager Expense: $.00
  • Electric Expense Source: Actual
  • Expense Year: 2023
  • Total Annual Expense Source: Owner Projection
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 0
  • Manager Expense Source: AC
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 9500
  • Water Expense Source: Actual
  • Net Operating Income: $88,521.00
  • Operating Expense: $25,479.00
  • Other Expense: $.00
  • Trash Expense: $1,180.00
  • Water Sewer Expense: $3,420.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 3
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 949 North Damen Avenue

DateEvent & SourcePriceAppreciation
Dec 17, 2025

Sold

MRED #12218309

$1,600,000
Dec 16, 2025

Sold (Public Record)

Public Record #1925407419

$1,600,000
Oct 31, 2025

Pending

MRED #12218309

Oct 31, 2025

Contingent

MRED #12218309

Jun 1, 2025

Price Change

MRED #12218309

$1,724,900
Mar 27, 2025

Listed (Active)

MRED #12218309

$1,725,000
Nov 10, 2024

Expired

MRED #12055092

$1,750,000
Jul 8, 2024

Listed (Active)

MRED #12055092

$1,750,000
Mar 27, 2024

Listed (Active)

MRED #12218309

$1,725,000
Sep 14, 2023

Expired

MRED #11805713

$1,790,000
Jun 12, 2023

Listed (Active)

MRED #11805713

$1,790,000
DateEvent & SourcePrice
12/17/2025

Sold

MRED #12218309

$1,600,000
12/16/2025

Sold (Public Record)

Public Record #1925407419

$1,600,000
10/31/2025

Pending

MRED #12218309

10/31/2025

Contingent

MRED #12218309

06/01/2025

Price Change

MRED #12218309

$1,724,900
03/27/2025

Listed (Active)

MRED #12218309

$1,725,000
11/10/2024

Expired

MRED #12055092

$1,750,000
07/08/2024

Listed (Active)

MRED #12055092

$1,750,000
03/27/2024

Listed (Active)

MRED #12218309

$1,725,000
09/14/2023

Expired

MRED #11805713

$1,790,000
06/12/2023

Listed (Active)

MRED #11805713

$1,790,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 949 North Damen Avenue

Taxable ValueLand$22,050Additions$168,810Total$190,860
Tax Record2023$29,682 ($2,473 / month)
Home Facts
Baths4Total Finished SqFt5,077 SqFtAbove Grade Finished SqFt5,077 SqFtStories2Lot Size3,150 SqFtStyleMulti-Family Res (5+ Units)Year Built1890CountyCOOKAPN17-06-421-004

Schools near 949 North Damen Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 7 to 11
Public - 9 to 12
Rating
School
Distance
Columbus Elementary School
PublicPK to 8

Wells Community Academy High School
Public9 to 12

Art in Motion Charter School
Charter7 to 11

York Alternative High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/18/2025 02:04 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.