2441 West Armitage Avenue

Chicago, IL 60647

$900,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investors Prime location for this three-story mixed-use building. The spacious storefront, currently unoccupied, presents a blank canvas for entrepreneurs looking to establish their presence in a thriving community. Take advantage of the B-3-2 zoning to unleash the full potential of this prime commercial space. The second-floor apartment, recently renovated, offers modern living spaces and is currently occupied, providing immediate rental income. The third-floor apartment, awaiting your finishing...Investors Prime location for this three-story mixed-use building. The spacious storefront, currently unoccupied, presents a blank canvas for entrepreneurs looking to establish their presence in a thriving community. Take advantage of the B-3-2 zoning to unleash the full potential of this prime commercial space. The second-floor apartment, recently renovated, offers modern living spaces and is currently occupied, providing immediate rental income. The third-floor apartment, awaiting your finishing touches, presents an exciting opportunity to add further value and increase rental yields. Parking for 4 cars. Don't miss out on this chance to capitalize on a prime location and a property poised for growth.
  1. Listed by Richard Vazquez • Kale Realty

Property Details for 2441 West Armitage Avenue

Area
CHI - Logan Square

Location

Listing Courtesy of Kale Realty
Add your commute
LISTING UPDATED: 02/12/2024 12:06 AM

Property Details for 2441 West Armitage Avenue

StatusActive
MLS #11962319
Days on Market152
Taxes$11,557 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built-
Lot Size0.05 AC / 1,966 SF
CountyCook County

Building

2441 W Armitage Ave

3 Units3 Stories

Location

Listing Courtesy of Kale Realty
Add your commute

Building Information for 2441 West Armitage Avenue

Stories3Residences3Year Built-Lot Size0.05 AC / 1,966 SF

Payment Calculator

$5,875 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,912

Property Taxes

$963

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2441 West Armitage Avenue

General Information
Location and General Information
  • Geographic Locale: Chicago North
  • Information: List Broker Must Accompany,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Heat/Ventilation: Central Heat/Indiv Controls,Gas
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
Property/Lot Information
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 1966
  • Lot Size Square Feet: 1966.0
  • Stories: 3
  • Fire Protection: Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • Building Area Total: 3600
  • # Of Offices: 0
  • # Of Stores: 3
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 5
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $24,000.00
  • Insurance Expense: $4,000.00
  • Insurance Expense Source: Owner Projection
  • Total Monthly Income: 2000
  • Water Expense Source: Owner Projection
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $1,000.00

Property History for 2441 West Armitage Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2441 West Armitage Avenue

Taxable ValueLand-Additions-Total-
Home Facts
Lot Size6,001 SqFtStyleGovernmental / Public UseCountyCOOKAPN13-36-500-028

Schools near 2441 West Armitage Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 6 to 12
Charter - K to 8
Rating
School
Distance
Chase Elementary School
PublicPK to 8

Clemente Community Academy High School
Public9 to 12

Aspira Charter Schools
Charter6 to 12

CICS Bucktown
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2441 West Armitage Avenue is a mixed use property for sale in Chicago, IL 60647. This property was listed for sale on February 6, 2024 by Kale Realty, it's currently listed at $900,000. This listing's school district is City Of Chicago School District 299. Nearby schools include Chase Elementary School, Clemente Community Academy High School and Aspira Charter Schools. 2441 West Armitage Avenue is a 0-bed, 0-bath, mixed use property.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kale Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 02/12/2024 12:06 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.