Search
Commercial Land with Existing Buildings
For Sale
$6,500,000

2135-47 W Armitage Avenue, Chicago, IL 60647

Multi-building redevelopment site with commercial, residential, and mixed-use potential under RT-4 and C1-2 zoning.

Property SizeContact for details
Days on Market79

Property Features for 2135-47 W Armitage Avenue

General Information

Standard status Active
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $72,020

Amenities

Central air
Concrete
Asphalt
Central Air Cooling
Forced Air Heating
Natural Gas Heating
Listing Agency: BAIRD & WARNER
Listed By: PETER FOTOPOULOS · License #471010854
Source: Corcoran
Added: Jul 1 Changed: Sep 16 Last Checked: Sep 16 at 2:19PM

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 BAIRD & WARNER

Investment Insights

Based on property information with market context.

This commercial land offering encompasses six buildings and multiple parking areas across 2135–2147 W. Armitage Avenue. The property contains approximately 23,632 square feet of existing building space on 14,400 square feet of land measuring 144 by 101 feet, with 144 feet of frontage along Armitage Avenue. Improvements range from a three-story commercial mixed-use building to one- and two-story commercial and mixed-use structures, including a partial two-story building.

Zoning is RT-4 at 2135, 2137, 2139, and 2147, and C1-2 at 2141 and 2145. Existing uses include a USDA chicken processing and retail business and masonry 2-3 flats. Outdoor parking accommodates 5 cars or 2 trucks. The site is less than 2 blocks from the intersection of Armitage and Damen and is positioned for commercial, residential, or mixed-use redevelopment.

Key Highlights

  • 14,400‑square‑foot land area measuring 144 by 101 feet
  • 144 feet of frontage on Armitage Avenue
  • Approximately 23,632 square feet of existing building space across six buildings

Property Analytics

Current Use

Commercial land

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

4,330
Businesses Nearby
195k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 45% Dining 32% Groceries 16% Electronics 2%
Barnes & Noble Shops & Services
48,824 visits/mo 0.5 miles
McDonald's Dining
43,397 visits/mo 0.3 miles
Aldi Groceries
32,222 visits/mo 0.3 miles
Shell Shops & Services
23,379 visits/mo 0.5 miles
7-Eleven Shops & Services
5,878 visits/mo 0.2 miles

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

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Multi-building redevelopment site with commercial, residential, and mixed-use potential under RT-4 and C1-2 zoning.
Where is this commercial land located?
The property is located at 2135-47 W Armitage Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 14,400‑square‑foot land area measuring 144 by 101 feet; 144 feet of frontage on Armitage Avenue; Approximately 23,632 square feet of existing building space across six buildings
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message