For Sale
$680,000

4704-4708 Armitage AveChicago, IL 60639

Chicago Warehouse, High-Demand Location

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a prime Chicago warehouse property located at 4704-4708 W Armitage Avenue, in Cook County, IL 60639. The property consists of two adjacent buildings totaling approximately 8,700 square feet on a 9,375 square foot lot. Each building features high ceilings and overhead garage doors, ideal for various commercial uses. Currently leased to a long-term tenant under a month-to-month agreement, generating a combined monthly rental income of $5,700 ($2,200 from 4704 Armitage and $3,500 from 4706-4708 Armitage). The property benefits from its strategic location across from a Home Depot, one block east of the busy IL-50/Cicero Avenue and Grand Avenue business district, and near the Chicago Transit Train Station at 1833 W. Grand Avenue. This central location provides easy access to the city, suburbs, interstates, and O'Hare Airport. The property is zoned C1-1 and features multiple PIN numbers: 13341250370000, 13341250380000, and 13341250390000. The asking price for this exceptional property is $680,000. This presents a strong return on investment opportunity in a high-demand area. The property's current lease structure and prime location make it an attractive option for both seasoned investors and those new to commercial real estate.

Property Details for 4704-4708 Armitage Ave

Property type
Specialty properties, Land
Square Feet
5,500 SF

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.917217
Longitude
-87.7440214
4704-4708 Armitage Ave, Chicago, Illinois

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4704-4708 Armitage Ave
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