Chicago, IL 60614 1003 W Armitage Avenue
$2,799,900
21 more
Presented By: Citywide Real Estate
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
Beds • 5
SQFT • 5,009
Home Details
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.
Presented By: Citywide Real Estate
Interior Features for 1003 W Armitage Avenue
Other Interior Features
Street SuffixAvenue
General for 1003 W Armitage Avenue
Additional Parcels Y/NNo
CityChicago
Construction MaterialsConcrete, Stone
CountyCook
Days on Market7
DirectionsSheffield to Armitage, West to 1003
Electric Expense276
Fuel Expense
Gross Income234318
Insurance Expense7326
Lot Size Square Feet2403
MLS AreaCHI - Lincoln Park
MaintenanceExpense1000
Net Operating Income191598
NumberOfUnitsTotal5
Operating Expense43442
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount30363
Tax Year2022
Tenant PaysAir Conditioning, Common Area Maintenance, Electricity, Heat
Trash Expense1423
Water Sewer Expense854
Year Built1886
Exterior for 1003 W Armitage Avenue
Building Area Total5009
ExteriorBrick
Foundation DetailsConcrete Perimeter, Stone
Lot Dimensions25*125
Total Parking3
Additional Details
Price History
