Address
3026 W Armitage Avenue Chicago, IL
Price
$ 585,000
Property Attributes
  • MLS#11056156
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - Logan Square
  • NeighborhoodPalmer Square
  • Zip60647
  • Style
  • Year Built1896
  • Taxes$ 8212
  • Price$ 585,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2,950 SqFt
Listing Provided Courtesy Of:
Weichert, Realtors - All Pro
Data Source:
Midwest Real Estate Data (MRED) - 103 - IL
Property Description

TREMENDOUS OPPORTUNITY FOR OWNER OCCUPANT OR REHABBER/DEVELOPER. CORNER LOT WITH GREAT VISIBILITY. 3 UNIT MIXED USE BUILDING ON WELL TRAVELED ARMITAGE AVE IN LOGAN SQUARE. 2 STOREFRONTS WITH LONG TERM TENANTS INCLUDING WELL KNOWN PIZZA/ NEIGHBORHOOD RESTAURANT AND 1 3 BEDROOM APARTMENT ON SECOND LEVEL. SAVVY INVESTORS PLEASE NOTE HIGH NET INCOME POSSIBILITIES PLUS REASONABLE TAXES ON MIXED USE BUILDING. LOCATED NEAR MANY LOGAN SQUARE RESTAURANTS AND ONLY BLOCKS TO THE CTA/BLUE LINE AND ENTRANCE TO THE 606/BLOOMINGDALE TRAIL. DRIVE BY ONLY PLEASE DO NOT DISTURB THE TENANTS.

Price History
4/16/2021 Listed $585,000

General Features

Additional Parcels Y/N No
City Chicago
Cooling Central Air, Window Unit(s)
County Cook
Days on Market 175
Directions WESTERN TO ARMITAGE, ARMITAGE WEST TO PROPERTY
Electric Circuit Breakers
Grossincome 52200
Insurance Expense 3000
MLS Area CHI - Logan Square
Net Operating Income 38487
Property SubType Mixed Use
Property Type Mixed Use
Property Type Commercial Sale
Standard Status Active
Status Active
Stories 2
Street Name Armitage
Tax Annual Amount 8212.57
Tax Year 2020
Tenant Pays Air Conditioning, Electricity, Heat, Varies by Tenant
Total Units 3
Water Sewer Expense 1500
Year Built 1896

Interior Features

Street Suffix Avenue

Exterior Features

Lot Dimensions 50X59
Lot Size Square Feet 2950

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60647

Price
AVG $600K
$590K
Taxes
AVG $17,582
$8,212
Visits
AVG 81
54
Year Built
AVG 1945
1896
Walkscore
AVG 94
95
Data Provided by Walkscore ® not using MLS data

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