3421 W Armitage Avenue Chicago, IL ^$ 1,650,000

3421 W Armitage Avenue

^$ 1,650,000

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3421 W Armitage Avenue

Chicago, IL, 60647

^$ 1,650,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 10,418

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Commercial Property for sale in Chicago, IL

for $1,650,000. This building was built in 1889 on a lot size of 0.086088.

Updated five-unit mixed-use building in a prime Logan Square location. The property features four residential units, each offering two bedrooms and one bathroom, situated above a ground-floor commercial space. Recently updated 5 units. All residential units include high-end stainless steel appliances, quartz countertops, soft-close cabinetry, and in-unit laundry. The deep rear lot provides parking for all five units. The adjacent vacant lot at 3423 W. Armitage Avenue, previously listed under MLS #10830668, may also be available for $300,000.00, offering investors additional redevelopment, expansion, or business opportunities. An excellent investment opportunity in one of Chicago's most desirable and rapidly developing neighborhoods Next-door land is for sale too,

Commercial Active

Price

^$ 1,650,000

Property Type

Commercial

Taxes

^$ 24,593

Style

Lot Size

0.086088

Year Built

1889

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12674941

Features

General

Cooling Central Air

Possession Closing

Zoning COMMR

Construction Materials Brick

Year Built 1889

Electric None

Tenant Pays Electricity Heat

Stories Count 3

Property Subtype Mixed Use

Tax Year 2024

Gross Income 128880

County Cook

Net Operating Income 93683

Operating Expense 35197

Insurance Expense 1546

Property Type Commercial Sale Mixed Use

Status New

Directions KEDZIE TO ARMITAGE WEST TO PROPERTY

City Chicago

Number Of Units Total 5

MLS Area CHI - Logan Square

Lot Size Square Feet 3750

Tax Annual Amount 24593

Electric Expense 588

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 1489

Additional Parcels Y/N N

Standard Status Active

Cap Rate 5.68

Exterior

Lot Dimensions 25X150

* Excluded Features

List By

Re/Max City

Broker

marthahelenalozano@gmail.com

Affordability Calculator

$12,468

Per Month

Monthly Principal & Interest: $10,418
Monthly Property Taxes: $2,049
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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 ^$966,875

Percent of Sale Price 41%

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
8/5/2026	$1,650,000		Listed Price

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3421 W Armitage Avenue, Chicago, IL, 60647 is a Commercial Property for sale at $1,650,000 with a lot size of 0.086088. 3421 W Armitage Avenue was built in 1889. 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 6.49% 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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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 8/6/2026.

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3421 W Armitage Avenue

Commercial Property for sale in Chicago, IL

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