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1003 W Armitage Avenue,  Chicago IL, 60614

(Active)
$2,799,900
|
5,009 sqft
|
MLS# 11925060
Last Updated: 5/31/2024 11:50 PM
Description for 1003 W Armitage Avenue Chicago, IL 60614
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.
Price
$2,799,900
Cook
5,009 (approx)
11925060
Active
Description
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.
Listing Information
Property Type: Multi-Family, Business Opportunities, 3+ Story
0.06 Acres 5,009 (approx) 1886
3 Brick,Stone
Concrete Perimeter, Stone
5 Total
Neighborhood
Room Information
Exterior / Lot Features
3 Parking Spaces,
Brick, Stone
25*125
Driving Directions
Sheffield to Armitage, West to 1003
Financial Considerations
14324030080000
$30,363
Listing Price History

Chicago Real Estate

Chicago is located in Illinois. Chicago, Illinois 60614 has a population of 2,781,445.

The median household income in Chicago, Illinois 60614 is $121,474. The median household income for the surrounding county is $68,916 compared to the national median of $66,222. The median age of people living in Chicago 60614 is 38 years.

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Courtesy: Citywide Real Estate
Listings courtesy of MRED as distributed by MLS GRID

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This content last refreshed on 5/31/2024 11:50 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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