Address
2459 West Armitage Avenue Chicago, IL
Price
$ 995,000
Property Attributes
  • MLS#09824000
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - Logan Square
  • NeighborhoodLogan Square
  • Zip60647
  • StyleCommercial,Retail
  • Year Built1920
  • Taxes12359
  • Price$ 995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5781
  • Lot Size3,125 SqFt
Listing Provided Courtesy Of:
CHICAGOLAND BROKERAGE, LLC
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 brand new 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.

Price History
1/2/2018 Listed $1,375,000
7/16/2018 2% - $1,359,000
10/10/2018 1% - $1,349,000
2/11/2019 2% - $1,329,000
3/13/2019 1% - $1,319,000
4/24/2019 4% - $1,275,000
8/12/2019 2% - $1,250,000
9/19/2019 5% - $1,195,000
10/31/2019 2% - $1,175,000
2/5/2020 7% - $1,095,000
5/21/2020 10% - $995,000

General Features

# Of Tenants 4
Age New Rehab
Built Before 1978 Yes
Directions Western to Armitage, one block West
Electric Expense 540
Other Expenses 9566
Property SubType AS
Status Active
Tax Year 2018
Taxes 12359
Total Units 4
Year Built 1920
Zoning COMMR

Interior Features

Air Conditioning Central Air
Dryer(s) 1
Fire Protection Alarm Monitored
Market Code Active
Ranges 2
Refrigerators 2
Stores 2
Total Stories 2
Utilities Electric to Site, Gas to Site, Water to Site
Water Expense Source Combination

Exterior Features

Building Area Total 5781
Foundation Details Concrete
Frontage/Access City Street
Idx Status Yes
Lot Dimensions 25X125
Lot Sq Ft 3125
Managing Broker (y/n) No
Net Operating Income Year 2019

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

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

Property vs Zip Code Average in 60647

Price
AVG $530K
$1,000K
Taxes
AVG $13,077
$12,359
Visits
AVG 27
128
Year Built
AVG 1946
1920
Walkscore
AVG 93
98
Data Provided by Walkscore ® not using MLS data

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