1. Illinois
  2. Chicago
  3. 3060 W Armitage Avenue
$4,400,000

3060 W Armitage Avenue, Chicago, IL 60647

  • 16,800 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2012
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $262/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Beautifully maintained and built in 2012, this all-brick 13-unit mixed-use building is ideally situated in the heart of Chicago's vibrant Logan Square neighborhood-just steps from shops, restaurants, and parks. The property includes 12 residential units and 1 street-level retail space, offering a strong and stable income stream with value-add potential. The residential unit mix consists of:6:2 bed /2 bath units, 3:2 bed / 1 bath units, 3:1 bed / 1 bath units. Each apartment features high-end finishes such as granite countertops, maple cabinetry, stainless steel appliances, and private balconies. The building also includes a mix of heated garage and outdoor parking, additional storage, and a dedicated bike room. Currently fully occupied, many of the units are leased to long-term tenants at below-market rents, offering immediate upside through rental increases and selective unit upgrades. There's also potential to add rooftop decks with stunning views of the downtown Chicago skyline. Whether you're seeking a turnkey investment or a value-add opportunity, this well-located asset offers both solid current income and future growth potential.

Listing Status:
Active
Listing Office:
Star Realty & Management : 708-400-0171
Listing Agent:
Tyler Weekes : 708-400-0171
MLS ID:
12355322
  • A/C: Central AirCentral Individual

This listing courtesy of Tyler Weekes, Star Realty & Management

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

Y

Yates Elementary School

1839 N Richmond St, Chicago, IL, 60647

Grades PK-8

0.33 miles away

Y

Yates Elementary School

1839 N Richmond St, Chicago, IL, 60647

Grades PK-8

0.33 miles away

M

Marine Leadership Academy - Ames

1920 N Hamlin Ave, Chicago, IL, 60647

Grades 7-12

0.92 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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