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25 Properties Within 0.5 miles of: 2714 W Armitage, Chicago

2714 W Armitage
Chicago, IL 60647

  • 8 Beds
  • Built In 1892
Price

$705,000

Est Payment
$4,645 / month (details)  
Taxes
$11,298  
Beds
8  
Rooms
17  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
3000  
Built
1892  
Neighborhood
Logan Square  
MLS
#11744047
Status
Cancelled

Property Description

Introducing a rare and exceptional investment opportunity in one of the nicest areas of Logan Square! This fully-occupied, cash-flowing 3-unit property with 2-car garage is a proven income generator with a solid 6.5% cap rate, making it an ideal addition to any investor's portfolio. The property is comprised of two 3 bedroom, 1 bathroom + den units (currently set up as 4 bedrooms), as well as one 2 bedroom, 1 bathroom garden unit. All three units feature hardwood floors, recessed lighting, gas forced heating, and updated kitchens with stainless steel appliances, white cabinets and granite counters. Units 1 & 2 have private rear decks, and there is also a large backyard and on-site laundry. Newer front deck, electric & plumbing. Adding to the property's appeal is the 2-car garage, providing ample parking and storage space for tenants, as well as the opportunity for additional income. Perfectly situated in prime East Logan Square only a couple blocks from Bucktown, this stunning property is surrounded by a vibrant mix of popular cafes, trendy boutiques, and tons of great dining, shopping & nightlife. Just moments from both the CTA Blue Line and the 606 Trail, this location offers convenience and accessibility to the entire city, while being immersed in the neighborhood's thriving culture. With a strong rental history and consistent demand, this property will provide a steady cash flow for years to come. Don't miss your chance to capitalize on this incredible opportunity in one of Chicago's most sought-after neighborhoods!

Property Map

Property Details

Utilities

  • Heating Natural Gas, Forced Air
  • Cooling
  • Water Public
  • Sewer Public Sewer

Additional Information

Parking
2 Garage Spaces, Owned
Schools
Big Picture High School-back Of (299), Chase Elementary School (299)

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

03-23-2023 Listed at $705,000
04-03-2023 Status changed to Under Contract
04-17-2023 Status changed to Active
05-04-2023 Status changed to Under Contract
05-26-2023 Status changed to Active
07-05-2023 Status changed to Cancelled
Last Modified 7/5/23 2:47 PM

Nearby Transportation

  • Bus 73 < 0.1 mi
  • Bus 94 0.1 mi
  • Bus 56 0.2 mi
  • Bus 49 0.4 mi
  • Bus X49 0.4 mi
  • Bus 74 0.5 mi
  • Bus 72 0.5 mi
  • Bus 82 0.8 mi
  • Bus 50 0.9 mi
  • Bus 76 1.0 mi
  • Bus 70 1.0 mi
  • Blue Line 0.3 mi
  • ZipCar 0.3 mi
  • I 90 East 0.8 mi
  • I 94 East 0.8 mi
  • I 90 West 0.8 mi
  • I 94 West 0.8 mi
  • I 290 West 2.9 mi
  • I 290 East 3.0 mi
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