Active

4813 W Armitage Avenue

Chicago, Illinois 60639


Jen Romolo
847.826.1253

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$380,000


Property Type
Commercial / Mixed Use
Neighborhood
Belmont Cragin


Fully Rented with an NOI of $42642 & Cap Rate is at 11.22%. All brick mixed use building located approximate 200' to Cicero, & walking distance to Grand/Cicero Metra. Techspot has a lease until 12/20, 1R (rear apartment behind Techspot) has 2 bedrooms/1 bath. Second floor features one front and one rear apartments; both apartments have 2 bedrooms/1 bath. Finished basement has 1 bedroom/1 bath. Four residential apartments are on month-to-month tenancies, good long term tenants. All separate entrances. Hardwood floors, Skylight, 9' ceilings... All 5 brand new central heating units, newer roof & tuck-pointing. 5 gas meters, 5 electric meters. Owner pays electric, gas for the basement, & water for the whole building. 2 Detached Car Garage are renting for $200/month.



Full Features
Built: 1913
Parking Spaces: 2
Cooling System: Central Individual
Stories: 2
Roof: Rubber
Current Use: Commercial, Other
Potential Use: Commercial, Residential-Multi-Family, Retail, Special Use, Other
Zoning: MULTI
Building Square Feet: N/A
Current Net Income: $42,642


Taxes & Assessments
Taxes: $4,727

Listing Office: Dream Town Realty

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Belmont Cragin

Belmont Cragin is part of the Chicago North Side. Chicago North encompasses numerous affluent and up-and-coming neighborhoods located north of the Loop. Housing styles in Chicago North include a diverse mix of affordable single-family homes, apartment buildings, town homes, condominiums,…

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Nearby Public Transportation

Metra
Milwaukee District West, Milwaukee District North, Union Pacific Northwest, Union Pacific West

at Grand/Cicero Metra (0.17 miles away), Healy Metra, Irving Park Metra, Kedzie and others







4813 W Armitage Avenue Chicago, Illinois 60639 is a commercial / mixed use property, currently listed at $380,000. Want to learn more about 4813 W Armitage Avenue Chicago, Illinois 60639? Contact an @properties agent to request more info.


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