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2459 W Armitage Avenue

Chicago, IL 60647
  • $989,000
  • STATUS: Active
  • ON SITE: 43 Days
  • MLS #: 11255847
UPDATED: 60 min ago
$989,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1920
County:

School Ratings & Info

Description

Brick building w/ 125' of curb exposure has two retail spaces on the ground floor and two large apartments above (3BD/4BD). Corner exposure also presents signage opportunity for additional income. Residential units are leased and recently renovated with SS appliances, granite counters, HW flooring, and refinished bathrooms. Both commercial tenants come with 3-5% annual increases. Separately metered where tenants pay their own utilities, and no landscaping expense for the building. Building has many improvements such as newer windows throughout, as well as glassblock windows, and improvements to electrical, plumbing & central HVAC. Great location in Bucktown right on Armitage Ave and next to Milwaukee Ave; immediate access to CTA Western Blue Line and I-90/94 highway. Surrounded by lots of retail & commercial activity that attract plenty of foot traffic, and neighborhood is continuously improving.

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© 2021 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 Keller Williams Realty. Based on information submitted to the MRED as of 2021-12-09T07:59:08.517 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.

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2459 W Armitage Avenue Chicago, IL 60647

  • Price: $989,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 60 min ago
  • MLS #: 11255847
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1920
Built
Neighborhood:
Chi - Logan Square
County:
Cook
Area:
Chi - Logan Square
Property Description
Brick building w/ 125' of curb exposure has two retail spaces on the ground floor and two large apartments above (3BD/4BD). Corner exposure also presents signage opportunity for additional income. Residential units are leased and recently renovated with SS appliances, granite counters, HW flooring, and refinished bathrooms. Both commercial tenants come with 3-5% annual increases. Separately metered where tenants pay their own utilities, and no landscaping expense for the building. Building has many improvements such as newer windows throughout, as well as glassblock windows, and improvements to electrical, plumbing & central HVAC. Great location in Bucktown right on Armitage Ave and next to Milwaukee Ave; immediate access to CTA Western Blue Line and I-90/94 highway. Surrounded by lots of retail & commercial activity that attract plenty of foot traffic, and neighborhood is continuously improving.
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type City Street Parking Total 0 Roof Structure Flat Water Drainage Floor Drains

Interior Features

Cooling Central Air Flooring Wood Heat Ventilation Forced AirGasSteam Number Of Dishwashers 2 Number Of Dryers 1 Number Of Ranges 2 Number Of Washers 1

Property Features

Additional Parcels YN No Approximate Age New Rehab Building Area Total 5781 Built Before1978 YN Yes Current Use Commercial Electric Circuit Breakers Fire Protection Other Geographic Locale Chicago North Gross Income 107102 Gross Scheduled Income 108005 Insurance Expense 0 Net Operating Income 78534 Number Of Tenants 4 Operating Expense 26230 Possible Use CommercialRetail Property Sub Type Apts/Stores Rental Price 0 Tax Annual Amount 10198 Tax Year 2020 Tenant Pays Air ConditioningElectricityHeat Total Monthly Income 8925 Township North Chicago Type Mixed Use Utilities Electric To SiteGas To SiteWater To Site Zoning Commr

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Chicagoland Brokerage, Llc.


© 2021 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 Keller Williams Realty. Based on information submitted to the MRED as of 2021-12-09T07:59:08.517 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
 
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