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Listed by Aaron Gilesof 33 Realty
$ 650,000
Est. payment | /mo
$ 650,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12577246
Year Built 1891
Annual Tax Amount $5,811
Tax Year 2024
Lot Dimensions 23x125
Property Sub-Type Mixed Use
Property Description
Developers and Contractors! Fully approved, shovel-ready mixed-use opportunity in the heart of Logan Square. 3508 W. Armitage offers plans and permits in hand for a five-unit residential + one retail development, featuring all 2 bed / 2 bath layouts, a ground-floor commercial space, full basement (7.5-8' ceilings), and three parking spaces. Significant value has already been invested including acquisition, foundation and plumbing work, and architectural plans,-allowing the next owner to step in and build without the typical delays of city entitlement. Zoned B2-3 on a 25' x 125' lot in a high-demand rental corridor near the 606, Blue Line access, restaurants, and retail. Rare turnkey development play with substantial upfront time and capital already deployed.
Location
State IL
County Cook
Interior
Cooling None
Fireplace N
Exterior
View Y/N true
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