Skip To Content
    Return to Previous Page

    2643 Armitage Avenue

    Chicago, IL 60647
    • $875,000
    • STATUS: Active
    • ON SITE: 31 days
    • MLS #: 10822799
    UPDATED: 36 min ago
    $875,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,000
      SQFT
    • $175
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1921
    County:

    School Ratings & Info

    Description

    Location! Location! Location! Rare opportunity to invest in one of Chicago's hottest and most affluent neighborhoods. A total of 5 units fully rented in the heart of Logan Square, this all brick mixed use with 3 unit coach house has not been available on the market in almost 30 years. Store front is currently a nail salon with a 3bed 1bath unit above and 3 unit coach house in the back with two 2bed/1bth units and one 3bed/1bth unit, each unit has a w/d hookup, a courtyard separates the 2 buildings. Long time tenants have taken great care of the units. This is a great opportunity for an investor or owner/operator with additional income-earning units. The daily traffic count along Armitage Ave is 20,190. Rents are currently under market value. Tenants pay all utilites. Schedule a private tour today!

    Monthly Payment Calculator



    © 2020 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Touchstone Group. Based on information submitted to the MRED as of 2020-09-19T16:51:18.177 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
    www.tsgre.com/homes/109131029
    Print Image

    2643 Armitage Avenue Chicago, IL 60647

    • Price: $875,000
    • Status: Active
    • Updated: 36 min ago
    • MLS #: 10822799
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    5,000
    SQFT
    $175
    $/SQFT
    1921
    Built
    Neighborhood:
    Chi - Logan Square
    County:
    Cook
    Area:
    Chi - Logan Square
    Property Description
    Location! Location! Location! Rare opportunity to invest in one of Chicago's hottest and most affluent neighborhoods. A total of 5 units fully rented in the heart of Logan Square, this all brick mixed use with 3 unit coach house has not been available on the market in almost 30 years. Store front is currently a nail salon with a 3bed 1bath unit above and 3 unit coach house in the back with two 2bed/1bth units and one 3bed/1bth unit, each unit has a w/d hookup, a courtyard separates the 2 buildings. Long time tenants have taken great care of the units. This is a great opportunity for an investor or owner/operator with additional income-earning units. The daily traffic count along Armitage Ave is 20,190. Rents are currently under market value. Tenants pay all utilites. Schedule a private tour today!
    Exterior Features

    Frontage Access City Street Location Mixed Use Area Lot Dimensions 25X125 Lot Sq Ft 3125 Number Of Parking Spaces 0

    Interior Features

    Air Conditioning Central Air Fire Protection Fire Extinguisher/SSmoke Or Fire Protectors Number Of Apts 4 Number Of Offices 0 Number Of Stores 1 Number Of Stories 2

    Property Features

    Age Older Built Before1978 YN Yes Electric Expense Source Actual Electrical Service Circuit Breakers Electricity Expense 960 Exterior Building Type Aluminum SidingBrick Fuel Expense 0 Geographic Locale Chicago North Gross Rental Income Amount 74400 Heat Ventilation Forced AirGas Insurance Expense 3800 Insurance Expense Source Actual Net Oper Income Amount 54649 Number Of Tenants 5 Other Expenses 0 Rental Price 0 Tax Year 2019 Taxes 11191 Tenant Pays Air ConditioningElectricHeat Total Annual Exp 19791 Total Annual Expense Source Actual Total Annual Income 74400 Total Monthly Income 6200 Township West Chicago Unincorporated YN No Water Expense 2400 Water Expense Source Actual

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Homesmart Connect Llc.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Touchstone Group. Based on information submitted to the MRED as of 2020-09-19T16:51:18.177 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_10822799-2.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_10822799-2.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_10822799-2.jpg
    Logo
    Touchstone Group
    2308 W North Avenue #C1
    Chicago IL, 60647