2135 W Armitage Ave - Apartments FOR SALE


Chicago, IL 60647- Bucktown | 
$1,400,000 USD
773-934-8898
2135 W Armitage Ave, Chicago, IL for Sale
$1,400,000 USD
Apartments - FOR SALE
1/17
null | 6.15% Cap Rate

2135 W Armitage Ave
Chicago, IL 60647
Bucktown


HIGHLIGHTS

  • Amazing Bucktown Location !
  • Greystone building
  • Close to Armitage Damen Corridor

OVERVIEW

BUCKTOWN MULTI-UNIT INVESTMENT OPPORTUNITY ON ARMITAGE AVENUE! Rare opportunity to own a distinctive greystone building in the heart of Bucktown. The property is a legal five-unit building with an additional non-conforming basement unit, offering six residential units in total: four 2-bedroom/1-bath units and two 1-bedroom/1-bath units. Each unit features central air conditioning and forced-air heat. Additional improvements include a new concrete parking pad and new fencing, providing valuable off-street parking and enhanced exterior appeal. Ideally located near Bucktown's restaurants, shopping, entertainment, transportation and parks. An excellent opportunity for investors seeking multiple income-producing units in one of Chicago's most desirable neighborhoods.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$295 USD /SF

# OF UNITS

5

PRICE/UNIT

$280,000

CAP RATE

6.15%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1908

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

RT-4

APN/PARCEL ID

14-31-304-014-0000

ASK ABOUT THIS PROPERTY

Peter FotopoulosBaird & WarnerMore Info
773-934-8898

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Peter FotopoulosBaird & WarnerMore Info
773-934-8898

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.