Chicago, IL 60647 3046 W Armitage Avenue

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Presented By: @properties Christie's International Real Estate
  • MLS# 12096435
  • 06/28/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.

Home Details

Tremendous opportunity in this Mixed-use, 4 unit building in the heart of Palmer/ Logan Square. Located just off the BLVD and steps to amazing restaurants/ parks/ nightlife. Easy walk to the Blue Line and 2 blocks North of the 606 entrance. This solid brick building has been well maintained with updates to the major building components (Mechanicals/ Electric/ Pluming), and recent concrete parking pad off the alley. Plenty of room to increase rents with some cosmetic updates. The units consists of 3 large- 3 bedroom- 1 bath apartments plus a retail space on the street level. Apartment 1- 3 bedroom/ 1 bath. Hardwood floors throughout, updated kitchen, AC, w/d in- unit. $2000/mo Apartment 2- 3bd, 1ba features hardwood floors throughout. excellent light, large deck, rent $1550 Apartment 3- 3bd, 1ba- Harwood floors throughout, newer kitchen, AC, W/D in unit, large deck. Rent $1950 (lease just expired) Commercial unit has been fully rehabbed and turn key office suite. Current rent $1842/ mo 3% annual escalations.
Presented By: @properties Christie's International Real Estate

Interior Features for 3046 W Armitage Avenue

Other Interior Features

FlooringTile, Varies, Vinyl, Wood
Total Fireplaces

General for 3046 W Armitage Avenue

Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingCentral Individual
CountyCook
Current UseOffice
Days on Market73
DirectionsNorth side of the street between Whipple & Albany (Humboldt Blvd & Kedzie)
ElectricCircuit Breakers, Separate Meters
Electric Expense240
Fuel Expense
Gross Income89328
Insurance Expense3040
Lot Size Square Feet3125
MLS AreaCHI - Logan Square
Net Operating Income
NumberOfUnitsTotal4
Operating Expense6040
PossessionClosing, Tenant's Rights
Possible UseCommercial, Condominium, Office and Research, Multi-Family, Retail
Property SubTypeApts/Ofc/Store, Apts/Ofc, Apts/Stores
Property TypeCommercial Sale
Property TypeMixed Use
RoofMembrane
Standard StatusActive Under Contract
StatusContingent
Stories4
Tax Annual Amount19194
Tax Year2022
Tenant PaysAir Conditioning, Electricity, Heat
TownshipWest Chicago
Trash Expense0
Water Sewer Expense2500
Year Built1902
ZoningOTHER

Exterior for 3046 W Armitage Avenue

ExteriorBrick
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions25X125

Additional Details

Price History

Worth Clark

Price $899,000
MLS#12096435
List Date 06/28/2024
Property Type Contingent
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