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    2135 W Armitage Ave Chicago, IL 60647

    For Sale
    $8,500,000

    Commercial Sale - Chicago, IL

    Days on Market:
    89
    Last Refresh:
    Dec 7 at 2:06 pm

    Property Features for 2135 W Armitage Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    14313040140000

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1908
    Number of units
    6
    Architectural style
    Other

    Dream Town Realty (312) 265-8000 [email protected]

    Listing agent Peter Fotopoulos (312) 265-8000 License #471010854

    Listing date Sep 10, 2025

    MLS# 12387664 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bucktown Redevelopment Opportunity

    This is a redevelopment opportunity in the heart of Bucktown. Located less than 2 blocks from the intersection of Armitage and Damen, the site includes six buildings and multiple parking lots across 2135-2147 W. Armitage Ave. The site features 144 feet of frontage on Armitage and a total land area of 14,400 square feet (144x101), with approximately 23,632 square feet of existing building space. The mix includes a 3-story commercial mixed-use building at 2135, a 1-story commercial structure at 2137, 2-story mixed-use properties at 2139 and 2147, a partial 2-story commercial building at 2141, and a 2-story commercial property at 2145. Zoning includes RT-4 (2135, 2137, 2139, 2147) and C1-2 (2141, 2145), allowing for a wide range of future development uses, perfect for multi afamily redevelopment site. Currently home to a USDA chicken processing and retail business as well as masonry 2-3 flats, the site also offers outdoor parking for 5 cars or 2 trucks. This site presents possibilities for commercial, residential, or mixed-use redevelopment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6814832
    Latitude
    41.9174606

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Chicago site for commercial, residential, or mixed-use redevelopment.
    Where is this mixed-use property located?
    The property is located at 2135 W Armitage Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $8,500,000.
    What are key features of this property?
    This property features: - Prime redevelopment site in the heart of Bucktown, less than 2 blocks from Armitage and Damen.; - Large 14,400 sq ft land area (144x101) with 144 ft of frontage on Armitage.; - Six buildings included with approximately 23,632 sq ft of existing space.
    (312) 265-8000
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2135 W Armitage Ave Chicago, IL 60647
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