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7223 N Damen Ave
Pending
Multi-Family
New
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$559,800

7223 N Damen Ave, Chicago

53% below median
5 bd·3 ba·0 sqft
Built 1916Loyola

7223 N Damen Ave, Chicago, IL

5 bd · 3 ba · 0 sqft Multi-Family listed at $559,800, built in 1916 in the Loyola neighborhood.

About this home

Looking for a move-in ready brick 2-flat that combines classic Chicago character with modern finishes, generous living space, and abundant storage on a quiet tree-lined street? Want the option to live in one unit while generating rental income from the other? This Rogers Park gem could be the one! The property offers over 2,000 sq.ft. across both units, plus additional potential in a full-length unfinished basement and a backyard ideal for entertaining or relaxing. Each unit features bright, functional layouts with natural light and kitchens with appliances, dishwashers, and ample cabinet and countertop space. The first-floor unit includes 3 bedrooms and 2 full baths (including a middle-bedroom ensuite), spacious living room with gas fireplace and stone surround, charming front window alcove perfect for a seating area, dining nook, or office. The second-floor unit offers 2 bedrooms, 1 full bath, a living room with private balcony access, kitchen with all stainless steel appliances, in-unit laundry, and a dining area adjacent to a sunroom overlooking the backyard. Both units have separate utilities, newer mechanical systems, and central HVAC, ensuring comfort and convenience for owner-occupants or investors. A+ location: minutes from Evanston, Skokie, Northwestern University, Loyola University, the lakefront, parks, shopping, dining, multiple transit options including CTA Red, Purple & Yellow Lines, and CTA & PACE buses. Come home and love where you live! This property is being sold AS-IS.

Property details

Price
$559,800
Bedrooms
5
Bathrooms
3
Year built
1916
Type
Multi-Family
Days on market
26
Est. property tax
$11,644/yr · $970/mo · 2.08% IL avg
Last sold
$98,000 · Jun 1993

Estimated monthly payment

Down payment20% ($111,960)
Interest rate6.75%
Principal & Interest$2,905
Property Tax$513
Insurance$150
Total$3,568/mo

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Price history

$623K$337K$50K$98K on Jun 93 (Sold)$575K on Jul 25 (Initial list)$574K on Oct 25 (Price change)$560K on Nov 25 (Price change)$560K on Mar 26 (Initial list)
$98K · Jun 93$560K · Mar 26
  1. Mar 31, 2026$559,800Initial list price
  2. Nov 4, 2025$560,000Price change
  3. Oct 5, 2025$574,000Price change
  4. Jul 21, 2025$575,000Initial list price
  5. Jun 18, 1993$98,000Sold

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 60645)

Median age is 37.2; 27% hold a bachelor's degree; 51% of homes are owner-occupied; median household income is $73,726.

Median income
$73,726
Median age
37.2
Owner-occupied
51.1%
Bachelor's degree
26.8%
Census median home value
$309,800

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

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