Active

1003 W Armitage Avenue

Chicago IL, 60614

$2,799,900


$558.97 per sqft

Active

5,009 sqft

Commercial

Built in 1886

Courtesy of Citywide Real Estate

Very rare & premier investment opportunity! fully stabilized, gutted, mixed-use investment property located on the most desirable LINCOLN PARK Street with 6.84% CAP Rate . 4 APRARMENTS and 1 Retail Space * 100% Leased * Located just across the street from the Chicago Transit Authority's (CTA) Brown Line L Train Stop at Armitage. * Stable Operating Income with Potential for Rent Increase * Tenants Pay All Utilities * 2022 Completed New Roof * 2022 New AC Condenser. For Each Unit Features Hardwood Floors, In-unit Laundry, Quartz Countertops, Stainless Steel Appliances, and Individual HVAC Units.

11925060

MLS ID

November 6, 2023

Listed

March 28, 2024

Updated

Map

1003 W Armitage Avenue
Chicago IL, 60614

Interior Features

Total Stories

3


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.06 Acres

Other Property Details

Area Name

CHI - Lincoln Park


Taxes

$30,363


Tax Frequency

Annually


Days on Market

7


Garage

No


Parking Total

3


View

No


County

Cook


Pool

No


Buyer Agency Compensation

2.0%-$495

Courtesy of Citywide Real Estate, Junzhou Cui,
Listing Contact: 312-808-8899 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than The Hancock Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 3/28/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 4:36 AM UTC, 3/28/2024

 

 

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