1003 West Armitage Avenue Chicago, IL 60614

$2,799,900
0.06
Acres
$2,799,900
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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.

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.

  • Neighborhood
  • Type
  • County
    Cook
  • Area
    CHI - Lincoln Park
  • Tax Amount
    $30,363
  • Status
    Active
  • Listing #
    11925060
  • Built
    1886
  • Lot Size
    0.06
  • Listed on site
    172 days

Listed by:
Citywide Real Estate

mls source logo © 2020 Midwest Real Estate Data LLC. All rights reserved. Listing courtesy of Citywide Real Estate.
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Property details

Community Features

  • No HOA

Exterior features

  • No Pool
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