Brick Corner Mixed-Use
For Sale
Contact for pricing
Pending
4457-59 W Armitage Ave, Chicago, IL 60639
4-unit brick corner building with one retail unit and four residences, plus an adjacent landscaped yard and carport for six.
Property SizeContact for details
Days on Market151
Property Features for 4457-59 W Armitage Ave
General Information
Standard status
Pending
Total Parking Spaces
6
Property subtype
Multifamily, Mixed Use
Amenities
large bedrooms
separate living and dining area
open floorplan
partially finished basement
storage
laundry
central air
granite fireplace
paved walkways
trees
private yard
Building Details
Construction
brick
Listing Agency:
KW Commercial Chicago - Lincoln Park
Listed By:
Steve Kehoe · License #IL 475170862
Source:
Crexi
Added: Apr 10
Changed: Aug 14
Last Checked: Sep 6 at 11:26PM
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 KW Commercial Chicago - Lincoln Park
Investment Insights
Based on property information with market context.
This one-of-a-kind brick corner building features a total of five units, including one retail unit and three separate 2BR/1BA residential units within the main structure. In addition, the property includes an “owner’s” unit that was originally part of another unit and has been separated and built out as a 1BR/2BA residence. The building has been well maintained and offers long-term tenants on month-to-month leases.
Interiors include large bedrooms with separate living and dining areas and an open floorplan. A partially finished basement provides storage and laundry, and central air is included. Electric and gas are separated and paid by the tenants.
Outside, an adjacent empty lot functions as a private yard and is described as beautifully landscaped, with paved walkways and trees. The property also includes a granite fireplace and a commercial-sized carport in back with extra-thick stamped concrete and room for six vehicles.
Interiors include large bedrooms with separate living and dining areas and an open floorplan. A partially finished basement provides storage and laundry, and central air is included. Electric and gas are separated and paid by the tenants.
Outside, an adjacent empty lot functions as a private yard and is described as beautifully landscaped, with paved walkways and trees. The property also includes a granite fireplace and a commercial-sized carport in back with extra-thick stamped concrete and room for six vehicles.
Key Highlights
- 4‑unit brick corner building: 1 retail unit and 3 residential units (2BR/1BA), plus a separate 1BR/2BA owner’s unit
- Partially finished basement with storage and laundry; central air and separate electric and gas paid by tenants
- Long‑term month‑to‑month tenants with rents slightly under market and potential for $10k+ improvement with minor cosmetic updates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,753
Businesses Nearby
Explore this area
Business Placement
Demographics for 60639, IL
89,543
Population
28,656
Households
3.1
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
5.0 sq mi
ZIP Area
17,909
Density / Sq Mi
$59,710
Median Household Income
$34,846
Median Earnings
$1,212
Median Rent
$289,000
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 - 4-unit brick corner building with one retail unit and four residences, plus an adjacent landscaped yard and carport for six.
Where is this apartment building located?
The property is located at 4457-59 W Armitage Ave Chicago, IL.
What are key features of this property?
This property features: 4‑unit brick corner building: 1 retail unit and 3 residential units (2BR/1BA), plus a separate 1BR/2BA owner’s unit; Partially finished basement with storage and laundry; central air and separate electric and gas paid by tenants; Long‑term month‑to‑month tenants with rents slightly under market and potential for $10k+ improvement with minor cosmetic updates
