Active · For Sale · Land

4600 W Armitage Avenue, Chicago, IL 60639

MLS #12427848

4600 W Armitage Avenue, Chicago, IL 60639
4600 W Armitage Avenue, Chicago, IL 60639CRER
4600 W Armitage Avenue, Chicago, IL 60639

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4600 W Armitage Avenue, Chicago, IL 60639

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The property

Executive summary

Rare opportunity to acquire a 1.4 acres industrial land parcel located on Chicago's Northwest Side. The property, currently a successful pallet company, offers 149' of frontage on busy Armitage Ave, and extends north almost 600 square feet along railroad tracks. The site, steps from a new Home Depot and Starbucks, includes an almost 7,000 square foot metal/brick open span warehouse with huge drive-in door, along with a 2nd floor updated office/loft. A potential redevelopment site, the Flexible M1-1 zoning allows for a variety of variety of commercial, retail and industrial uses.

Investor Resource

Property Intelligence

Financial Snapshot

Annual Taxes
$35,424 (2023)

Property Details

Lot Size
62,517 SF
Lot Acreage
1.4
Lot Dimensions
150X74
Zoning
INDUS
Parcel Number
13341260340000

Operations & Utilities

Heating
Natural Gas
Cooling
Partial
Utilities
Natural Gas Nearby
Possession
Closing
Documents Available
Floor Plan, Existing Survey

Location & Use

County
Cook
Market Area
Chicago - Belmont Cragin
Township
Jefferson
Present Use
Commercial, Retail, Zoning Change Required
Potential Use
Commercial, Condominium, In
Location
Cul De Sac
Frontage
Paved

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.