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    2535-2577 W Armitage Ave Chicago, IL 60614

    For Lease
    $10 SF/Yr ($13,837 /Mo)

    Renovated flex space with high ceilings and grade-level door.

    Property size:
    15,446 SF
    Lot size:
    1.57 Acres

    Property Features for 2535-2577 W Armitage Ave

    General Information

    Size
    15,446 SF
    Lot size
    1.57 Acres

    Source: CTK Chicago Partners | Chicago Agent Howard Caplan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Chicago Flex Space Available

    This property offers 15,446 square feet of flex space. The space was renovated in 2019, with upgrades to the electric, HVAC, sprinklers, bathrooms, and lighting systems. The building features a new storefront at street level. The interior includes 14' 10" clear height ceilings and 35' wide bays. A 14' high grade-level door provides convenient access. The property also includes an 8' x 10' freight elevator with a 10,000 lb. capacity. The building has been sandblasted and is zoned C1-1.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Similar Places Nearby

    The Lock Up Self Storage, CP Equipment, Metropolitan Moving & Storage Corporation, James Self Storage Facility, Hollander International Storage and Moving

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6913392
    Latitude
    41.917224

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    FAQs

    What type of property is this?
    Warehouse - Renovated flex space with high ceilings and grade-level door.
    Where is this warehouse located?
    The property is located at 2535-2577 W Armitage Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - Renovated in 2019 (Electric, HVAC, Sprinklers, Bathrooms, Lighting); - New Storefront at Street Level; - 14' 10" Clear Height Ceilings
    (847) 814-6579
    Request Owner's contact information
    2535-2577 W Armitage Ave Chicago, IL 60614
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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
    2535-2577 W Armitage Ave Chicago, IL 60614
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