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    3421 W Armitage Avenue

    Chicago, IL 60647
    • $1,275,000
    • STATUS: Active
    • ON SITE: 406 Days
    • MLS #: 10830692
    UPDATED: 43 min ago
    $1,275,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1889
    County:

    School Ratings & Info

    Description

    A recently updated 5 unit building in a prime Logan Square location. The property has 4 residential, 2 bedroom, 1 bath bedrooms units above a ground floor commercial space. All units include high end stainless appliances, quartz counter tops soft close, cabinets and in unit laundry. The Retail Space is leased to Jess Nailz & Spa which signed a 3 year lease with a 1-year renewal option, on July 26, 2021. This a NNN lease and the tenant is paying for all tenant improvements. Behind the building the lot depth offers parking for all 5 units. The adjacent vacant lot (3423 W Armitage) MLS# 10830668 which offers investors the potential for redevelopment or several other options for business, is available for sale.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2021-10-21T23:01:00.103 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    3421 W Armitage Avenue Chicago, IL 60647

    • Price: $1,275,000
    • Status: Active
    • Updated: 43 min ago
    • MLS #: 10830692
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1889
    Built
    Neighborhood:
    Chi - Logan Square
    County:
    Cook
    Area:
    Chi - Logan Square
    Property Description
    A recently updated 5 unit building in a prime Logan Square location. The property has 4 residential, 2 bedroom, 1 bath bedrooms units above a ground floor commercial space. All units include high end stainless appliances, quartz counter tops soft close, cabinets and in unit laundry. The Retail Space is leased to Jess Nailz & Spa which signed a 3 year lease with a 1-year renewal option, on July 26, 2021. This a NNN lease and the tenant is paying for all tenant improvements. Behind the building the lot depth offers parking for all 5 units. The adjacent vacant lot (3423 W Armitage) MLS# 10830668 which offers investors the potential for redevelopment or several other options for business, is available for sale.
    Exterior Features

    Exterior Building Type Brick Outdoor Parking 1-5 Spaces Parking Total 6

    Interior Features

    Cooling Central Air Heat Ventilation Forced AirGas Number Of Dishwashers 4 Number Of Dryers 4 Number Of Ranges 4 Number Of Washers 4

    Property Features

    Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Electric None Fire Protection None Gross Income 103642 Gross Scheduled Income 103642 Insurance Expense 4554 Maintenance Expense 2000 Net Operating Income 77741 Operating Expense 22792 Tax Annual Amount 8253 Tax Year 2020 Tenant Pays ElectricityHeat Total Monthly Income 8636 Type Multi Family 5+ Zoning Commr

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of @Properties.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2021-10-21T23:01:00.103 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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    Ryan Dallas Real Estate
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