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    2624 W Armitage Ave Chicago, IL 60647

    For Sale
    $535,000

    Two-unit commercial condo with open floor plan and natural light.

    Property size:
    1,400 SF
    Lot size:
    0.14 Acres

    Property Features for 2624 W Armitage Ave

    General Information

    Size
    1,400 SF
    Lot size
    0.14 Acres

    Source: Baum Realty Agent Tyler Dechter

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

    Overview

    Commercial Condo for Owner/Operators

    This is a two-unit commercial condominium, suitable for owner/operators. The space features an open floor plan with 10-foot ceilings. The south-facing units benefit from abundant natural light. The property is located within walking distance of two CTA Blue Line stations and is situated along the Armitage bus route. Free street parking is available in the surrounding vibrant neighborhood, which is rich in amenities. The property size is 1400 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    West Branch Tattoo ... Tattoo Shop

    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
    -87.6935069
    Latitude
    41.9177922

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    FAQs

    What type of property is this?
    Office space - Two-unit commercial condo with open floor plan and natural light.
    Where is this office space located?
    The property is located at 2624 W Armitage Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $535,000.
    What are key features of this property?
    This property features: - Two-unit commercial condo ideal for owner/operators; - Walkable to two CTA Blue Line stations and located along the Armitage bus route; - Free street parking in a vibrant, amenity-rich neighborhood
    (312) 666-3000
    Request Owner's contact information
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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
    2624 W Armitage Ave Chicago, IL 60647
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