2240 Armitage Ave Chicago, IL 60647

This 4,500 square foot retail condominium, built in 2001, is ideally situated at 2240 W Armitage Ave in Chicago's vibrant Bucktown/Wicker Park neighborhood. Priced at $600,000 ($133.33/SF), this property offers a compelling investment opportunity with a projected 13% proforma cap rate. The building features a fully built-out first floor encompassing 2,253 square feet, including two rear parking spaces. Additional space is available in the basement. The property benefits from a prime location, just one block from the CTA Blue Line Western stop and less than a mile from the 90/94 expressway and Metra North train, ensuring excellent accessibility. The space is partially furnished and boasts new amenities, making it suitable for a variety of uses, including medical, office, real estate, insurance, and other businesses. The 12,197 square foot lot provides ample space. This is a NNN lease property currently vacant and ready for immediate occupancy. The dual-level layout offers flexibility for various business configurations. This is a newer construction condominium, presenting a rare opportunity in a highly desirable location. The asking price reflects a strong value proposition in this competitive market.