1500 N. Damen

A joint venture between Stocking Urban and Ashland Capital has officially closed on the premier off-market mixed-use property at 1500-1520 N. Damen in the heart of Chicago's Wicker Park.

Situated just one block south of the Damen CTA Blue Line station, this premier transit-oriented property spans an entire acre. The site consists of 18 existing large-format apartments across a four-story building, an adjacent 18,000-square-foot retail center, and a highly coveted 41-space parking lot.

Our team will execute a mark-to-market strategy on the existing 18 apartments and leasing the remaining highly-desirable retail suites. By leveraging Chicago's acute housing shortage and the undeniable demographic strength of Wicker Park, this design-led project will deliver vital new inventory to a supply-constrained neighborhood.