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    1015-1017 W Armitage Ave Chicago, IL 60614

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    For Lease
    Contact for pricing

    Prime retail space in Chicago's Lincoln Park neighborhood.

    Property size:
    2,294 SF
    Lot size:
    0.11 Acres

    Property Features for 1015-1017 W Armitage Ave

    General Information

    Size
    2,294 SF
    Lot size
    0.11 Acres

    Source: Frontline Real Estate Partners, LLC Agent Matthew Tarshis

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

    Overview

    Lincoln Park Retail Subleasing Opportunity

    This retail space is available for subleasing in the heart of Chicago's Lincoln Park neighborhood. The unit features floor-to-ceiling window displays and natural lighting, along with two ADA bathrooms. A basement space of 2,430 square feet is included and can be demised. The location offers convenient accessibility, situated steps from the Armitage "L" station (Brown/Purple lines) and with close access to the Fullerton "L" station (Red/Brown/Purple lines). The property is less than one mile from both the Kennedy Expressway (I-90/I-94) and Lake Shore Drive. Neighboring retailers include Trader Joe's, Walgreens, 7-Eleven, Starbucks, Butcher and the Burger, The Budlong Chicken, Jeni's Ice Cream, and Chipotle, among others. The landlord would consider a long-term lease with a new tenant. The neighborhood is densely populated.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -87.6540581
    Latitude
    41.9178783

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    FAQs

    What type of property is this?
    Retail space - Prime retail space in Chicago's Lincoln Park neighborhood.
    Where is this retail space located?
    The property is located at 1015-1017 W Armitage Ave Chicago, IL.
    What are key features of this property?
    This property features: - Prime retail location in Lincoln Park, Chicago.; - High foot traffic due to proximity to Armitage and Fullerton 'L' stations.; - Landlord open to a long-term lease with a new tenant.
    (847) 542-9058
    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
    1015-1017 W Armitage Ave Chicago, IL 60614
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