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651 W Armitage Avenue

Chicago, IL 60614
  • $3,400,000
  • STATUS: Active
  • ON SITE: 5 Days
  • MLS #: 11788897
New On Site 5 Days Ago
UPDATED: 75 min ago
$3,400,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1904
County:

School Ratings & Info

Description

HEART OF LINCOLN PARK MIXED USE BUILDING FOR SALE. 5 LARGE APARTMENTS INCL A MASSIVE COACH HOUSE AND 2 OCCUPIED RETAIL SPACES. BUILDING HAS BEEN IMPECCABLY MAINTAINED & IMPROVED W/ LARGE STEEL FRAME BACK PORCH .MIX OF UNITS INCLUDES 3 LARGE 3 BED/ 2 BATH APTS, ONE 2 BED/ 1 BATH & A LARGE COACH HOUSE W/ 4 BEDS/ 2.1 BATH COMPLETELY REHABBED W/ A 3 CAR HEATED GARAGE. A TRUE TURN KEY PROPERTY. ***ASSUMABLE FANNIE MAE FINANCING AVAILABLE WITH GREAT RATE AND TERMS*** THE PROPERTY WILL BE SOLD AS IS WHERE IS.

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© 2023 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 Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2023-05-28T09:57:55.333 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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651 W Armitage Avenue Chicago, IL 60614

  • Price: $3,400,000
  • Status: Active
  • On Site: 5 Days
  • Updated: 75 min ago
  • MLS #: 11788897
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1904
Built
Neighborhood:
Chi - Lincoln Park
County:
Cook
Area:
Chi - Lincoln Park
Property Description
HEART OF LINCOLN PARK MIXED USE BUILDING FOR SALE. 5 LARGE APARTMENTS INCL A MASSIVE COACH HOUSE AND 2 OCCUPIED RETAIL SPACES. BUILDING HAS BEEN IMPECCABLY MAINTAINED & IMPROVED W/ LARGE STEEL FRAME BACK PORCH .MIX OF UNITS INCLUDES 3 LARGE 3 BED/ 2 BATH APTS, ONE 2 BED/ 1 BATH & A LARGE COACH HOUSE W/ 4 BEDS/ 2.1 BATH COMPLETELY REHABBED W/ A 3 CAR HEATED GARAGE. A TRUE TURN KEY PROPERTY. ***ASSUMABLE FANNIE MAE FINANCING AVAILABLE WITH GREAT RATE AND TERMS*** THE PROPERTY WILL BE SOLD AS IS WHERE IS.
Exterior Features

Frontage Type City Street Land Amenities SidewalksCable Ready Parking Total 3

Interior Features

Cooling Central Air Fireplaces Total 1 Heat Ventilation Forced AirGas Number Of Dishwashers 5 Number Of Dryers 5 Number Of Ranges 5 Number Of Washers 5

Property Features

Additional Parcels YN No Approximate Age New Rehab Building Area Total 0 Built Before1978 YN Yes Electric Circuit Breakers Gross Income 336000 Gross Scheduled Income 336000 Insurance Expense 13000 Maintenance Expense 3000 Mls Actual Status Active Net Operating Income 223900 Operating Expense 117000 Tax Annual Amount 71600 Tax Year 2021 Tenant Pays Air ConditioningElectricityHeat Total Monthly Income 28000 Township Lake View Type Multi Family 5+ Zoning Commr

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Jameson Sotheby's Intl Realty: 312-751-0300.


© 2023 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 Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2023-05-28T09:57:55.333 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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