4704 Armitage AveChicago, IL 60639

Property Details for 4704 Armitage Ave

Year built

1922

Lot size

0.08 AC

Property type

Other commercial real estate

APN

13-34-125-039

APU

1334125039

Description

This 3,500 square foot warehouse building, situated on a 3,125 square foot lot at 4704 W Armitage Avenue in Chicago, Illinois (zip code 60639), presents a compelling investment opportunity. Currently leased month-to-month for $2,200, the property boasts high ceilings and overhead garage doors, making it ideal for various commercial uses. Its strategic location across from a Home Depot and one block east of the bustling intersection of IL 50/Cicero Avenue and Grand Avenue provides excellent visibility and accessibility. The property benefits from its proximity to the Chicago Transit Train Station at 1833 W. Grand Avenue, offering convenient public transportation access. Located in a thriving business district corridor between Grand Avenue and Fullerton Avenue, this property enjoys easy access to major city thoroughfares, suburbs, interstates, and O'Hare Airport. The property is zoned C1-1 and features low real estate taxes. The long-term tenant provides stable income, making this a solid investment with significant potential. The asking price is $290,000.

• Alternative Use

  Use

  Valuation

  Residential

  $1,128,740

  Hospitality

  $1,033,920

  Educational

  $860,209

  Medical

  $889,793

  Retail

  $1,338,103

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.9172

Longitude

-87.744

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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