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Bucktown Retail or Office Space
For Lease
$24 SF/Yr

2113 W Armitage Avenue, Chicago, IL 60647

Retail or office space with open floor plan and natural light.

Space SizeContact for details
Days on Market726

Property Features for 2113 W Armitage Avenue

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $999

Building Details

Year Built 1871
Listing Agency: SPERRY VAN NESS
Listed By: MARCUS SULLIVAN · License #475139568
Source: Corcoran
Added: Sep 13, 2024 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 SPERRY VAN NESS

Investment Insights

Based on property information with market context.

This property offers retail or office space featuring an open floor plan with ample natural light. The space includes hardwood flooring and a new, modern storefront. It is situated in a favorable location on Armitage Avenue, between Damen and Western. This property is suitable for a small office or retail business.

Key Highlights

  • Prime Bucktown location on Armitage between Damen and Western.
  • Open floor plan with tons of natural light.
  • New modern storefront.

Property Analytics

Current Use

OMWP Studios (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Accounting Firm (Bike/Boat/Book/etc) Store Nursing Home Butcher Clothing & Fashion Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,330
Businesses Nearby

Demographics for 60647, IL

85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$30.01 /SF/Yr
Avg Asking Price
$6–$133 /SF/Yr
Price Range
14,172 SF
Avg Space Size

This space is priced 20% below the average of $30.01 /SF/Yr.

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Retail or office space with open floor plan and natural light.
Where is this office units located?
The property is located at 2113 W Armitage Avenue Chicago, IL.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Prime Bucktown location on Armitage between Damen and Western.; Open floor plan with tons of natural light.; New modern storefront.
More about this property
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