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3046 W Armitage Avenue

Chicago, IL 60647
  • $1,100,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 11475933
$1,100,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1902
County:

School Ratings & Info

Description

Tremendous opportunity in this Mixed-use, 4 unit building in the heart of Palmer/ Logan Square. Located just off the BLVD and steps to amazing restaurants/ parks/ nightlife. Easy walk to the Blue Line and 2 blocks North of the 606 entrance. This solid brick building is in excellent shape with updates to the major building components (Mechanicals/ Electric/ Pluming), including newer steel stairs and balconies, and a concrete parking pad off the alley. Plenty of room to increase rents with some cosmetic updates. The units consists of 3 large- 3 bedroom- 1 bath apartments plus a retail space on the street level. Apartment 1- 3 bedroom/ 1 bath. Hardwood floors throughout, updated kitchen, AC, w/d in- unit. $2000/mo Apartment 2- 3bd, 1ba features hardwood floors throughout. excellent light, large deck, rent $1950 Apartment 3- 3bd, 1ba- Harwood floors throughout, newer kitchen, AC, W/D in unit, large deck. Rent $1950 (lease just expired) Commercial unit has been fully rehabbed and turn key office suite. Current rent $1842/ mo 3% annual escalations.

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© 2022 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 The Schwabe Group | Compass. Based on information submitted to the MRED as of 2022-08-12T23:59:36.01 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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3046 W Armitage Avenue Chicago, IL 60647

  • Price: $1,100,000
  • Status: Active
  • On Site: 16 Days
  • MLS #: 11475933
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1902
Built
Neighborhood:
Chi - Logan Square
County:
Cook
Area:
Chi - Logan Square
Property Description
Tremendous opportunity in this Mixed-use, 4 unit building in the heart of Palmer/ Logan Square. Located just off the BLVD and steps to amazing restaurants/ parks/ nightlife. Easy walk to the Blue Line and 2 blocks North of the 606 entrance. This solid brick building is in excellent shape with updates to the major building components (Mechanicals/ Electric/ Pluming), including newer steel stairs and balconies, and a concrete parking pad off the alley. Plenty of room to increase rents with some cosmetic updates. The units consists of 3 large- 3 bedroom- 1 bath apartments plus a retail space on the street level. Apartment 1- 3 bedroom/ 1 bath. Hardwood floors throughout, updated kitchen, AC, w/d in- unit. $2000/mo Apartment 2- 3bd, 1ba features hardwood floors throughout. excellent light, large deck, rent $1950 Apartment 3- 3bd, 1ba- Harwood floors throughout, newer kitchen, AC, W/D in unit, large deck. Rent $1950 (lease just expired) Commercial unit has been fully rehabbed and turn key office suite. Current rent $1842/ mo 3% annual escalations.
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type City Street Outdoor Parking 1-5 Spaces Parking Total 4 Roof Membrane Roof Structure Flat Water Drainage Storm Sewers

Interior Features

Cooling Central Individual Fireplaces Total 0 Flooring TileVariesVinylWood Heat Ventilation Central Heat/Indiv ControlsForced AirGas Number Of Dishwashers 2 Number Of Dryers 2 Number Of Ranges 3 Number Of Washers 2

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Current Use Office Electric Circuit BreakersSeparate Meters Fire Protection Smoke Or Fire ProtectorsCarbon Monoxide Detector(S) Geographic Locale Chicago West Gross Income 92280 Gross Scheduled Income 92280 Insurance Expense 3039 Location Public Transport Avail Mls Actual Status Active Net Operating Income 0 Operating Expense 3000 Rental Price 0 Tax Annual Amount 11904.7 Tax Year 2020 Tenant Pays Air ConditioningElectricityHeat Total Monthly Income 7690 Township West Chicago Type Mixed Use Zoning Other

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of @Properties Christie's International Real Estate.


© 2022 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 The Schwabe Group | Compass. Based on information submitted to the MRED as of 2022-08-12T23:59:36.01 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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