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The Damen Collective

$10,250,000

1611-1617 North Damen Avenue, Chicago, IL 60647

Active
Last Updated: 05/06/2026

6.5

Cap Rate

666,076

NOI

Details:
Cap Rate:    6.5%
NOI:    $666,076
Lot Area:    0.27 acres
Occupancy:    100%
Tenancy:    Multiple
Highlights:
  • Irreplaceable Bucktown Location
  • Premier Bucktown Retail Corridor
  • New Long-Term Leases | 8.5-Year WALT
  • Predictable NOI Growth | Contractual Rent Escalations
  • Exceptional Demographic Profile
Description:

Mid-America Real Estate Corporation has been retained on behalf of the owner to sell the 100% fee
simple interest in The Damen Collective, a coveted street retail portfolio located in one of Chicago’s best residential neighborhoods, Bucktown. The offering provides the opportunity to acquire a 10,828 square foot, four-tenant trophy retail asset featuring a desirable lineup of personal services, dining, and specialty retail tenants operating on long-term leases.

Map:
Documents:
Title
The_Damen_Collective_-_OM.pdf
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