Address
3421 W Armitage Avenue Chicago, IL
Price
$ 1,275,000
Property Attributes
  • MLS#10830692
  • TypeMulti-Family
  • CountyCOOK
  • CityChicago
  • AreaCHI - Logan Square
  • NeighborhoodLogan Square
  • Zip60647
  • Style
  • Year Built1889
  • Taxes$ 8253
  • Price$ 1,275,000
  • Bedrooms2
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
@properties
Data Source:
Midwest Real Estate Data (MRED) - 103 - IL
Property Description

A recently updated 5 unit building in a prime Logan Square location. The property has 4 residential, 2 bedroom, 1 bath bedrooms units above a ground floor commercial space. All units include high end stainless appliances, quartz counter tops soft close, cabinets and in unit laundry. The Retail Space is leased to Jess Nailz & Spa which signed a 3 year lease with a 1-year renewal option, on July 26, 2021. This a NNN lease and the tenant is paying for all tenant improvements. Behind the building the lot depth offers parking for all 5 units. The adjacent vacant lot (3423 W Armitage) MLS# 10830668 which offers investors the potential for redevelopment or several other options for business, is available for sale.

Price History
9/9/2020 Listed $1,124,000

General Features

Additional Parcels Y/N No
City Chicago
Cooling Central Air
County Cook
Days on Market 353
Directions KEDZIE TO ARMITAGE, WEST TO PROPERTY
Electric None
Electric Expense 456
Grossincome 103642
Insurance Expense 4554
MLS Area CHI - Logan Square
Maintenanceexpense 2000
Net Operating Income 77741
Operatingexpense 22792
Possession Closing
Property Type Multi Family 5+
Property Type Commercial Sale
Standard Status Active
Status Active
Stories 3
Street Name Armitage
Tax Annual Amount 8253
Tax Year 2020
Tenant Pays Electricity, Heat
Total Units 5
Virtual Tour https://tours.vht.com/API/T434092260/nobranding
Water Sewer Expense 1176
Year Built 1889
Zoning COMMR

Interior Features

Street Suffix Avenue

Exterior Features

Exterior Brick
Lot Dimensions 25X150
Lot Size Square Feet 3750
Total Parking 6

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 Multi-Family Average in 60647

Price
AVG $770K
$1.28M
Taxes
AVG $8,811
$8,253
Visits
AVG 41
625
Year Built
AVG 1902
1889
Walkscore
AVG 91
93
Data Provided by Walkscore ® not using MLS data