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    2459 W Armitage Avenue

    Chicago, IL 60647
    • $989,000
    • STATUS: Active
    • ON SITE: 1228 days
    • MLS #: 09824000
    UPDATED: 67 min ago
    $989,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,781
      SQFT
    • $171
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1920
    County:

    School Ratings & Info

    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.

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    © 2021 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 Ani Real Estate. Based on information submitted to the MRED as of 2021-05-14T23:52:21.077 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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    2459 W Armitage Avenue Chicago, IL 60647

    • Price: $989,000
    • Status: Active
    • Updated: 67 min ago
    • MLS #: 09824000
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    5,781
    SQFT
    $171
    $/SQFT
    1920
    Built
    Neighborhood:
    Chi - Logan Square
    County:
    Cook
    Area:
    Chi - Logan Square
    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.
    Exterior Features

    Construction Materials BrickWood Frame Foundation Details Concrete Perimeter Frontage Type City Street Parking Total 0 Roof Structure Flat

    Interior Features

    Cooling Central Air Electric Circuit Breakers Fire Protection Alarm Monitored Flooring Wood Heat Ventilation Forced AirGasSteam Number Of Apts 2 Number Of Dishwashers 2 Number Of Dryers 1 Number Of Offices 0 Number Of Ranges 2 Number Of Refrigs 2 Number Of Stores 2 Number Of Washers 1

    Property Features

    Additional Parcels YN No Built Before1978 YN Yes Cap Rate 8 Current Use Commercial Electric Expense 0 Expense Year 2019 Exterior Building Type Aluminum Siding Fuel Expense 0 Geographic Locale Chicago North Gross Income 107102 Gross Scheduled Income 107102 Insurance Expense 0 Lot Size Dimensions 25X125 Net Operating Income Year 2020 Number Of Tenants 4 Operating Expense 25229 Other Expense 25229 Possible Use CommercialRetail Tax Annual Amount 11639 Tax Year 2019 Tenant Pays Air ConditioningElectricityHeat Total Monthly Income 8734 Trash Expense 0 Utilities Electric To SiteGas To SiteWater To Site Washer Dryer Leased YN No Water Drainage Floor Drains Water Sewer Expense 0 Zoning Commr

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Chicagoland Brokerage, Llc.


    © 2021 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 Ani Real Estate. Based on information submitted to the MRED as of 2021-05-14T23:52:21.077 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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