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    2623 W Armitage Ave Chicago, IL 60647

    For Lease
    $2 SF/Yr

    Commercial Lease - Chicago, IL

    Days on Market:
    17
    Last Refresh:
    Dec 7 at 3:06 pm

    Property Features for 2623 W Armitage Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1893
    Number of units
    1
    Architectural style
    Other

    Pearson Group LLC (773) 325-2800 [email protected]

    Listing agent David McLennan (773) 325-2800 License #475165323

    Listing date Nov 21, 2025

    MLS# 12508670 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

    Remodeled Storefront in Logan Square

    This 1150 square foot remodeled turnkey storefront is located at Armitage and Milwaukee in Chicago, in the Logan Square/Northwest Bucktown area. The property is situated within an 1891 red brick two-flat building and features an open floor plan with exposed brick throughout, complemented by 12-foot ceilings. The layout includes two private offices, a large workstation, and a kitchenette. Additional features consist of gated parking space for three cars, spiral ductwork, and an unfinished low basement suitable for storage. The surrounding area is noted for its concentration of art galleries, restaurants, bars, and coffee shops. The property is located two blocks from the new Small Cheval restaurant. The space is suitable for an established business and ideal for various office uses, including technology/data services, tutoring center, engineering office, medical office, dental office, psychology practice, or architect's office, as well as a non-profit headquarters. Excellent credit and cash reserves are required. One month free with lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office 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
    -87.6933015
    Latitude
    41.9172704

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    FAQs

    What type of property is this?
    Office space - Turnkey 1150 sq ft storefront in Logan Square/Bucktown area.
    Where is this office space located?
    The property is located at 2623 W Armitage Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: - Prime location at Armitage and Milwaukee in the Logan Square/Northwest Bucktown area of Chicago.; - Remodeled 1150 sq ft turnkey storefront with open floor plan and exposed brick.; - Gated parking for 3 cars.
    (773) 325-2800
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    2623 W Armitage Ave Chicago, IL 60647
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