Active · For Sale · Mixed Use

2135 W Armitage Avenue, Chicago, IL 60647

MLS opportunity selected in connection with 1028 Argyle St, Chicago, IL 60640

MLS #12692365

2135 W Armitage Avenue, Chicago, IL 60647
2135 W Armitage Avenue, Chicago, IL 60647CRER
2135 W Armitage Avenue, Chicago, IL 60647

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2135 W Armitage Avenue, Chicago, IL 60647

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The property

Executive summary

A rare and exceptional opportunity to redevelop a prime site in the heart of Bucktown-truly a once-in-a-generation offering. Less than 2 blocks from the intersection of Armitage and Damen, this prominent site includes six buildings and multiple parking lots across 2135-2147 W. Armitage Ave. With 144 feet of frontage on Armitage and a total land area of 14,400 square feet (144x101), the site features approximately 23,632 square feet of existing building space. The mix includes a 3-story commercial mixed-use building at 2135, a 1-story commercial structure at 2137, 2-story mixed-use properties at 2139 and 2147, a partial 2-story commercial building at 2141, and a 2-story commercial property at 2145. Zoning includes RT-4 (2135, 2137, 2139, 2147) and C1-2 (2141, 2145), allowing for a wide range of future development uses, perfect for multi afamily redevelopment site. Currently home to a USDA chicken processing and retail business as well as masonry 2-3 flats, the site also offers outdoor parking for 5 cars or 2 trucks. With strong demographics and unbeatable location, this site presents numerous possibilities for commercial, residential, or mixed-use redevelopment.

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Property Intelligence

Financial Snapshot

Annual Taxes
$72,020 (2023)

Property Details

Units
6
Lot Size
14,544 SF
Lot Dimensions
144X101
Stories
1
Year Built
1908
Building Age
Older
Construction
Brick, Concrete, Block
Zoning
COMMR
Parcel Number
14313040140000

Operations & Utilities

Heating
Central Bldg Heat, Central Heat/Indiv Controls, Forced Air, Gas
Cooling
Central Air
Tenant Pays
Varies by Tenant
Electric
Circuit Breakers, Service - 201 to 600 Amps
Utilities
Electric to Site, Natural Gas Available, Sewer Connected, Water Available
Documents Available
Existing Survey, Tax Bill

Location & Use

County
Cook
Market Area
Chicago - Logan Square
Township
West Chicago
Present Use
Commercial
Potential Use
Commercial, Development, Mu
Location
Central Business District, Mixed Use Area, Public Transport Avail
Frontage
City Street, Public Road, State Road

Reported figures come from the listing source. When shown, estimated NOI and cap rate use reported income and expenses; estimated GRM uses asking price and reported income. All figures should be independently verified.