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Cawley Markets Hard-Corner Site in Roscoe Village

A hard-corner development opportunity in the North Side’s Roscoe Village has come to market via Cawley Chicago’s urban development team of Zach Pruitt and Nicholas Schaefer. The firm didn’t disclose an asking price for the 12,094-square-foot site at 3201 N. Damen Ave.

“The property is situated on the corner of Belmont and Damen avenues, providing maximum exposure to over 35,000 vehicles per day,” said Pruitt. Along with the prime location, the site also offers favorable in-place zoning and strong demographics.

According to an offering memorandum from Cawley, the neighborhood is driven by a dense population of approximately 54,150 residents within a mile, with average household incomes of more than $200,000 and median disposable incomes of more than $100,000.

The site overlooks Feliger Playlot Park, and is within walking distance of Roscoe Village’s numerous coffee shops, bars and restaurants, Cawley says.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Development
  • ◦Sale/Acquisition