3571 W Armitage Ave - Storefront Retail/Residential FOR SALE
Chicago, IL 60647 |
3571 W Armitage Ave
Chicago, IL 60647
HIGHLIGHTS
- 11,250 SF land site located on Armitage Avenue in Chicago’s Logan Square neighborhood
- ±5,420 SF two-story mixed-use building with plentiful parking generating significant net operating income (NOI)
- Commercial laundromat tenant is on a triple net lease through 8/31/28
- Two (2) large second floor apartments, each with 2 bedrooms and 1 bathroom
- Opportunity to add value by rehabbing apartments and increasing rents
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
3571-3573 W Armitage Ave
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Residential
TOTAL BUILDING SIZE
5420
STORIES
2
YEAR BUILT
1922
SPRINKLERS
-
PARKING SPACES
18
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
13-35-400-004-0000,13-35-400-005-0000
