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3535 S Damen Ave
Single Family
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$249,000

$270/sqft

3535 S Damen Ave, Chicago

79% below median
1 bd·2 ba·921 sqft
Built 1878McKinley Park

3535 S Damen Ave, Chicago, IL

1 bd · 2 ba · 921 sqft Single Family listed at $249,000, built in 1878 in the McKinley Park neighborhood.

About this home

Prime RT-4 redevelopment opportunity in the heart of McKinley Park,. This 25125 standard Chicago lot offers exceptional potential for a new multi-unit residential project in a high-demand area favored by the local community.The existing structure is approximately 921 sqft ft, and requires a full rehab. Property will be sold strictly AS-IS, and the seller will make no repairs or remove remaining personal items. Located steps from Archer Ave, close to transportation, shopping, and the vibrant amenities of Chinatown and Bridgeport. A rare chance to secure an affordable redevelopment site in one of Chicago's fastest-growing neighborhoods.

Property details

Price
$249,000
Bedrooms
1
Bathrooms
2
Interior
921 sqft
Price / sqft
$270
Year built
1878
Type
Single Family
Days on market
148
Est. property tax
$5,179/yr · $432/mo · 2.08% IL avg
Last sold
$25,000 · May 1990

Estimated monthly payment

Down payment20% ($49,800)
Interest rate6.75%
Principal & Interest$1,292
Property Tax$228
Insurance$150
Total$1,670/mo

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Price history

3.9%Most recent change on 2026-04-15: $259,000$249,000.

$306K$153K$0K$25K on May 90 (Sold)$280K on Nov 25 (Initial list)$259K on Feb 26 (Price change)$249K on Apr 26 (Price change)
$25K · May 90$249K · Apr 26
  1. Apr 15, 2026$249,000Price change
  2. Feb 21, 2026$259,000Price change
  3. Nov 28, 2025$280,000Initial list price
  4. May 16, 1990$25,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 60609)

This neighborhood is primarily renter-occupied (40% owner-occupied). Median age is 35.4; 11% hold a bachelor's degree; median household income is $47,209.

Median income
$47,209
Median age
35.4
Owner-occupied
39.6%
Bachelor's degree
10.7%
Census median home value
$228,800

Source: US Census Bureau American Community Survey 5-year estimates.

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