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1956 W Armitage Ave
Chicago, IL 60622 Bucktown

$3,980,000 USD

Storefront Retail Residential For Sale  •  9,685 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 9,685 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1927
  • Cap Rate 5.73 %
  • Tenancy Multiple
  • Zoning B3-2
74 Transit Score
96 Walk Score

Highlights

Value-Add Opportunities
100% Occupied
Heart of Booming Bucktown Neighborhood

Property Flyers

Financial Summary (Actual)

Net Operating Income: $227,825 USD (2022)
Cap Rate: 5.73 %
Total Expenses: $58,223 USD

Major Tenants

Tenant SF Occupied Lease End Date
Boca Loca 810 SF
Polonia Liquors 1,315 SF
Savannah 3,000 SF
Shawarma Inn 810 SF

Amenities

  • Bus Line
  • Corner Lot
  • Signage
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
Clybourn Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 1 min 10 min 0.5 mi
Western Avenue Station (MD-N/MD-W/NCS) (Milwaukee District North Line - Northeast Illinois Regional Commuter Railroad (Metra), Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra), North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 6 min - 2.6 mi
Transit/SubwayDriveWalkDistance
Clybourn Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 1 min 10 min 0.5 mi
Damen Station (Blue Line) (Blue Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 11 min 0.6 mi
Western Station (Blue Line - O'Hare Branch) (Blue Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 12 min 0.6 mi
AirportDriveWalkDistance
Chicago Midway International 21 min - 11.4 mi
Chicago O'Hare International 22 min - 13.9 mi
Mikus Kins 312-925-8013 Compass
Mikus Kins 312-925-8013 Compass