Two-Building Mixed-Use
For Sale
Contact for pricing
1000 W Armitage Ave, Chicago, IL 60614
Adjacent buildings with 15 two-bedroom units and five retail suites, including a new 10-year retail lease.
Property Size32,328 SF
Days on Market132
Property Features for 1000 W Armitage Ave
General Information
Standard status
Active
Size
32,328 SF
Property subtype
Retail, Multifamily, Mixed Use
Occupancy
100%
Additional Details
Multifamily Units
15
Building Details
Tenancy
Multi
Listing Agency:
JLL Chicago | North Riverside Plaza
(312) 300-7291
Listed By:
Michael Nieder · License #IL475.189942
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 23 at 8:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL Chicago | North Riverside Plaza
Investment Insights
Based on property information with market context.
The offering includes two adjacent buildings totaling 32,328 square feet at 1000 and 1006 W. Armitage Avenue. The property provides a combined mix of 15 residential units (each with two bedrooms) and five retail suites within the same ownership and operating structure.
The buildings are located at the corner of Armitage and Sheffield in Chicago’s Lincoln Park neighborhood. The retail component features a brand-new 10-year lease with hogsalt hospitality, along with near-term contractual escalations.
For investors or buyers seeking a diversified income profile, the current configuration combines established residential unit count with a longer-term retail lease structure across the two-building portfolio.
The buildings are located at the corner of Armitage and Sheffield in Chicago’s Lincoln Park neighborhood. The retail component features a brand-new 10-year lease with hogsalt hospitality, along with near-term contractual escalations.
For investors or buyers seeking a diversified income profile, the current configuration combines established residential unit count with a longer-term retail lease structure across the two-building portfolio.
Key Highlights
- Two‑building, 32,328 SF property at the corner of W. Armitage and Sheffield.
- Income mix includes 15 residential units, all 2‑bedroom apartments.
- Also includes five retail suites.
Property Analytics
Property Profile
Current Use
Lease Details
15
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,426
Businesses Nearby
Explore this area
Business Placement
Demographics for 60614, IL
73,173
Population
38,089
Households
1.9
Avg Household Size
31
Median Age
86%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
22,867
Density / Sq Mi
$139,561
Median Household Income
$86,386
Median Earnings
$2,019
Median Rent
$730,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Adjacent buildings with 15 two-bedroom units and five retail suites, including a new 10-year retail lease.
Where is this apartment building located?
The property is located at 1000 W Armitage Ave Chicago, IL.
What are key features of this property?
This property features: Two‑building, 32,328 SF property at the corner of W. Armitage and Sheffield.; Income mix includes 15 residential units, all 2‑bedroom apartments.; Also includes five retail suites.
