About 1003 West Armitage Avenue
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.
Features of 1003 West Armitage Avenue
| MLS® # | 11925060 |
|---|---|
| Price | $2,799,900 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 1886 |
| Type | Commercial Sale |
| Sub-Type | Multi Family 5+ |
| Status | Active |
Community Information
| Address | 1003 West Armitage Avenue |
|---|---|
| Area | CHI - Lincoln Park |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60614 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Exterior | Brick |
|---|---|
| Foundation | Concrete Perimeter, Stone |
Additional Information
| Days on Market | 333 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Citywide Real Estate |
|---|