Address
854 W ARMITAGE Avenue, Chicago, IL
Price
$ 3,799,000
Property Attributes
  • MLS#11426006
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - Lincoln Park
  • NeighborhoodSheffield & DePaul
  • Zip60614
  • StyleCommercial
  • Year Built1884
  • Taxes$ 20958
  • Price$ 3,799,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5475
  • Lot Size3,250 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

The subject property boasts unique spaces and floor plans comprising 6 units. The six-unit mix combines 4 three bedrooms, one bath, 1 two-bedroom, two-bath, and 1 commercial space. The apartments feature modern finishes, including granite countertops, stainless steel appliances, dishwasher, garbage disposal, recessed lighting, and large windows that allow excellent natural light. The commercial space is home to Daily Harvest in the highly sought after Clicks and Bricks row location includes Warby Parker, Marine Layer, Bonobos, Serena & Lily, and All Birds with a two-block walk to Chicago Transit Authority's (CTA) Red-line and (CTA) Halsted bus stops....Please look under additional information for OM with building income, expenses and improvements under "building information" tab. Cash Cow with Gross Income of $291,247

Price History
6/6/2022 Listed $3,799,000

General Features

Additional Parcels Y/N No
City Chicago
Construction Materials Brick
Cooling Central Air, Central Individual, Zoned
County Cook
Current Use Commercial
Days on Market 11
Directions North side of Armitage Ave, between Fremont St & Dayton St
Electric Circuit Breakers
Electric Expense 125
Grossincome 291247
Insurance Expense 12083
Lot Size Square Feet 3250
MLS Area CHI - Lincoln Park
Net Operating Income 222403
Operatingexpense 68844
Possession Immediate
Property SubType Apts/Stores
Property Type Commercial Sale
Property Type Mixed Use
Roof Fiberglass, Membrane
Standard Status Active
Status Active
Stories 3
Street Name ARMITAGE
Tax Annual Amount 20958
Tax Year 2020
Tenant Pays Air Conditioning, Electricity, Heat
Total Units 6
Township North Chicago
Water Sewer Expense 544
Year Built 1884
Zoning OTHER

Interior Features

Flooring Carpet, Tile, Wood
Street Suffix Avenue
Total Fireplaces 2

Exterior Features

Building Area Total 5475
Frontage Type City Street
Lot Dimensions 25X125

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60614

Price
AVG $540K
$3.8M
Taxes
AVG $22,899
$20,958
Visits
AVG 94
5
Year Built
AVG 1936
1884
Walkscore
AVG 95
97
Data Provided by Walkscore ® not using MLS data