$2,799,900
1003 W Armitage Avenue Chicago, IL 60614
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$2,799,900
Est. payment /mo
5,009 SqFt
Active
1003 W Armitage Avenue Chicago, IL 60614
UPDATED:
08/17/2024 08:27 AM
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 5,009 sqft
Price per Sqft $558
MLS Listing ID 11925060
Year Built 1886
Annual Tax Amount $30,363
Tax Year 2022
Lot Dimensions 25*125
Property 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.
Location
State IL
County Cook
Interior
Fireplace N
Exterior
View Y/N true
Building
Foundation Concrete Perimeter, Stone
Structure Type Concrete,Stone
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Junzhou Cui • Citywide Real Estate
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