Mixed-Use Property with Restaurant
338 W Armitage Avenue, Chicago, IL 60614
For Sale
New
$2,250,000
Residential Income, Chicago, IL
Property SizeContact for details
Days on Market3
Property Features for 338 W Armitage Avenue
General Information
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Listing Agency:
Compass
(773) 466-7150
Listed By:
Benyamin Lalez
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 6 at 3:06PM
MLS# 12801594
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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This 1878 mixed-use property combines a street-level commercial space with a six-bedroom, 4.5-bathroom main residence arranged across three levels. The residence includes hardwood floors, oversized windows, built-in kitchen cabinetry, stainless steel appliances, and multiple fireplaces. A balcony and rooftop terrace extend the upper-level family room, while a courtyard connects the home to the separate coach house. The coach house has a kitchenette, bedroom, full bathroom, and sitting room; a three-car garage is also included.
The commercial space is occupied by a restaurant under a lease that expires 2/1/28. The property is in Chicago’s Lincoln Park, near Lincoln Park Zoo, North Avenue Beach, neighborhood restaurants and cafes, boutique shopping, and public transportation.
The commercial space is occupied by a restaurant under a lease that expires 2/1/28. The property is in Chicago’s Lincoln Park, near Lincoln Park Zoo, North Avenue Beach, neighborhood restaurants and cafes, boutique shopping, and public transportation.
Key Highlights
- Street‑level commercial space leased to a restaurant through 2/1/28
- Six‑bedroom, 4.5‑bathroom main residence configured as a triplex
- Separate coach house with kitchenette, bedroom, full bathroom, and sitting room
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,849
Businesses Nearby
10k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 42%
Taco Bell
Dining
4,082 visits/mo
0.5 miles
PNC Bank
Shops & Services
2,197 visits/mo
0.0 miles
Chase Bank
Shops & Services
2,054 visits/mo
0.5 miles
Jimmy John's
Dining
1,091 visits/mo
0.5 miles
Domino's Pizza
Dining
689 visits/mo
0.5 miles
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
$730,700
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Chicago, IL
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Vacancy Rate% for Retail in Chicago, IL
Frequently Asked Questions
What type of property is this?
Mixed-use property - A triplex residence, separate coach house, and three-car garage complement the street-level commercial suite.
Where is this mixed-use property located?
The property is located at 338 W Armitage Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Street‑level commercial space leased to a restaurant through 2/1/28; Six‑bedroom, 4.5‑bathroom main residence configured as a triplex; Separate coach house with kitchenette, bedroom, full bathroom, and sitting room
