3627 Armitage Avenue

    Chicago, IL 60647
    • $339,900
    • STATUS: Active
    • ON SITE: 166 days
    • MLS #: 10162468
    UPDATED: 42 min ago
    $339,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,200
      SQFT
    • $155
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1920
    County:

    School Ratings & Info

    Description

    FULLY LEASED. 3 ATTRACTIVE, GUT RENOVATED COMMERCIAL SPACES, IDEALLY LOCATED ON THRIVING ARMITAGE AVENUE MAKE THIS PROPERTY AN IDEAL ARMCHAIR INVESTMENT. ALTERNATIVELY, TERMINATE LEASES TO CREATE SPACE FOR YOUR EXISTING/NEW/GROWING BUSINESS, RETAIL OPERATION, AS WELL AS A HOST OF OTHER BUSINESS ENTERPRISES. OPEN VERSATILE SPACES WITH FRONT AND REAR ACCESS FEATURE HARDWOOD AND TILE FLOORING, PRIVATE BATHROOMS, OFFICES, KITCHENETTES AS WELL AS INDIVIDUAL HVAC AND ELECTRIC. HEAVY STREET AND PEDESTRIAN TRAFFIC. EASY STREET PARKING IN THE AREA. PUBLIC TRANSPORTATION AT DOORSTEP. PROPERTY CAN ALSO BE SOLD SUBDIVIDED.

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    © 2019 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 The Wexler Group. Based on information submitted to the MRED as of 2019-06-18T11:53:44.933 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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    www.thewexlergroup.com/homes/90528417

    3627 Armitage Avenue Chicago, IL 60647

    • Price: $339,900
    • Status: Active
    • Updated: 42 min ago
    • MLS #: 10162468
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,200
    SQFT
    $155
    $/SQFT
    1920
    Built
    Neighborhood:
    Chi - Logan Square
    County:
    Cook
    Area:
    Chi - Logan Square
    Property Description
    FULLY LEASED. 3 ATTRACTIVE, GUT RENOVATED COMMERCIAL SPACES, IDEALLY LOCATED ON THRIVING ARMITAGE AVENUE MAKE THIS PROPERTY AN IDEAL ARMCHAIR INVESTMENT. ALTERNATIVELY, TERMINATE LEASES TO CREATE SPACE FOR YOUR EXISTING/NEW/GROWING BUSINESS, RETAIL OPERATION, AS WELL AS A HOST OF OTHER BUSINESS ENTERPRISES. OPEN VERSATILE SPACES WITH FRONT AND REAR ACCESS FEATURE HARDWOOD AND TILE FLOORING, PRIVATE BATHROOMS, OFFICES, KITCHENETTES AS WELL AS INDIVIDUAL HVAC AND ELECTRIC. HEAVY STREET AND PEDESTRIAN TRAFFIC. EASY STREET PARKING IN THE AREA. PUBLIC TRANSPORTATION AT DOORSTEP. PROPERTY CAN ALSO BE SOLD SUBDIVIDED.
    Exterior Features

    Construction BrickConcreteDivisible Docks None Foundation Concrete Frontage Access City Street Location Central Business DistrictMixed Use AreaPublic Transport Avail Lot Dimensions 48X130 Lot Sq Ft 6240 Number Of Parking Spaces 0 Number Of TLDocks 0 Roof Coverings Rubber Roof Structure Flat

    Interior Features

    Air Conditioning Central AirCentral Individual Fire Protection Alarm On SiteNone Floor Finish TileWood Miscellaneous Inside Private Restroom/SStorage Inside Number Of Drive In Doors 0 Number Of Stories 1 Outdoor Parking Common Parking

    Property Features

    Age 1-6 Years Current Use Commercial Electrical Service Circuit Breakers Expense Year 2016 Exterior Building Type BrickGlassLimestone Extra Storage Spaces Available YN Yes Geographic Locale Chicago North Gross Rental Income Amount 30900 Heat Ventilation Forced AirGas Investment YN Yes Known Encumbrances None Known Max Avail Sq Ft Rentable 2100 Min Avail Sq Ft Rentable 0 Miscellaneous Outside Security SystemStorms And Screens (As Exist) Net Oper Income Amount 26116 Net Operating Income Year 2016 Number Of Tenants 3 Possession Closing Potential Use CommercialConditional UseOffice And Research Property Offered For Sale Only Sale Terms Conventional Tax Year 2017 Taxes 7814.51 Tenant Pays Air ConditioningElectricHeat Total Annual Exp 4484 Total Annual Expense Source Broker Projection Total Annual Income 30600 Total Monthly Income 2575 Utilities To Site Electric To SiteGas To SiteWater-Municipal Zoning Type Rtail

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Magic Touch Real Estate, Inc..


    © 2019 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 The Wexler Group. Based on information submitted to the MRED as of 2019-06-18T11:53:44.933 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
     
    The Wexler Group
    16123 S LaGrange Road
    Orland Park IL, 60467