2048 W Armitage Avenue Chicago, IL ^$ 1,800,000

2048 W Armitage Avenue

^$ 1,800,000

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2048 W Armitage Avenue

Chicago, IL, 60647

^$ 1,800,000

Studio Baths0.0 Sq 4,800

Monthly Estimate*

^$ 12,574

2048 W Armitage Avenue, Chicago, IL 60647 - Image 1

2048 W Armitage Avenue, Chicago, IL 60647 - Image 2

Studio

Commercial Property for sale in Chicago, IL

for $1,800,000. This 4,800 square foot building was built on a lot size of 0.114784.

Fabulous double lot property with Bar/Restaurant in operation with kitchen and bar infrastructure. Turnkey operation with ability to own the property. Main room with bar and seating and garage doors opening to massive side patio for over 100 people. Total capacity in and out close to 200 ppl. multiple ADA bathrooms, second floor party room and much more. Reach out for more details.

Commercial Pending

Price

^$ 1,800,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 23,980

Style

Bar/Tavern/Lounge,Food & Beverage,Restaurant

Lot Size

0.114784

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11895686

Features

General

Cooling Central Air

Possession Closing

Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Taxes Insurance Repairs Scavenger Sewer Other

Stories 2

Tax Year 2021

Business Type Bar/Tavern/Lounge Food & Beverage Restaurant

County Cook

Operating Expense 0

Property Type Business Opportunity Bus / Bus w/Real Est

Status Pending

Directions West of Damen on Armitage Ave.

City Chicago

MLS Area CHI - Logan Square

Lot Size Square Feet 5000

Street Name Armitage

Tax Annual Amount 23980

Additional Parcels Y/N N

Days on Market 136

Standard Status Pending

Exterior

Building Area Total 4800

Lot Dimensions 50X100

Interior

Street Suffix Avenue

* Excluded Features

List By

@Properties Commercial

Broker

ianfeinerman@atproperties.com

Affordability Calculator

$14,572

Per Month

Monthly Principal & Interest: $12,574
Monthly Property Taxes: $1,998
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$834,057

Percent of Sale Price 54%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/27/2023	$1,800,000		Listed Price

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2048 W Armitage Avenue, Chicago, IL, 60647 is a Commercial Property for sale at $1,800,000 with 4,800 sqft and a lot size of 0.114784. 2048 W Armitage Avenue is a studio with 0.0 baths. The property's zip code is 60647 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 4/28/2024.

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2048 W Armitage Avenue

Commercial Property for sale in Chicago, IL

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