1. Home
  2. > Search
  3. > Homes for Sale in Palmer Square
  4. > 3201 W Armitage Avenue, Chicago, IL 60647
$2,025,000

3201 W Armitage Avenue
CHICAGO, Illinois 60647

Closed / MLS #10044451 / Commercial / Mixed Use / Palmer Square
Listing information updated 12/23/2018 at 1:30am
Beautiful 11 unit building with additional coach house on the corner of Kedzie and Armitage in Logan Square. The main building is home to a successful restaurant and 10 vintage residential apartments. The separate coach house has two bedrooms and two baths along with an enclosed parking space. The unit rents are low for the area, and with thoughtful rehab could be much higher. The rear porch and stairs has been cited for not meeting current City of Chicago standards. It is expected that purchaser will assume responsibility for correction of this violation. The restaurant has a 5 year lease expiring in 2021, with two additional 5 year option renewal periods. All of the residential units are on month to month leases, allowing for a new owner to quickly begin rehab work if desired. The building is fully occupied. Please do not disturb tenants or the restaurant.
Built:
1883
Parking Spaces:
1
Cooling System:
Central Air
Stories:
3
Current Use:
Commercial
Zoning:
COMMR
Current Net Income:
$11,682
Tax Amount:
$16,173
Tax Year:
N/A
Zip Code:
60647
City:
Chicago
County:
Cook

Listing Office: Zenitram Real Estate Services

Listing Office Phone: 773.772.6262

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/23/2018 at 1:30am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.

Palmer Square, IL

Located within the neighborhood of Logan Square, Palmer Square is a “pocket neighborhood” located on the northwest side of Chicago.The area is named for the Palmer Square Park, a seven-acre park on the west side of the community. The park features play areas for children, walking and jogging tra...

CTA

CTA
Blue line at California
$729,433
Average Sale Price
51
Average Days On The Market
99%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 3201 W Armitage Avenue, Chicago, IL 60647

Not quite what you are looking for?

Similar listings for sale near 3201 W Armitage Avenue, Chicago, IL 60647

Like the area?

More homes for sale near 3201 W Armitage Avenue, Chicago, IL 60647

New Listings in Palmer Square, IL

Recently Sold Homes in Palmer Square, IL

Popular Neighborhoods near Palmer Square, IL

3201 W Armitage Avenue is a commercial / mixed use which sold for $2,025,000. This commercial / mixed use has been listed on @properties Christie's International Real Estate since August 7th, 2018 and was built in 1883. The nearest transit stops include California CTA Blue line.

Mortgage Calculator