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Brick Corner Mixed-Use Building

4457-59 W Armitage Ave Chicago, IL 60639

4457-59 W Armitage Ave, Chicago, IL, 60639
Contact for pricing
For Sale
Contact for pricing
Pending

4-unit brick corner building with one retail unit and four residences, plus an adjacent landscaped yard and carport for six.

Days on Market105

Property Features for 4457-59 W Armitage Ave

General Information

Standard status
Pending
Property subtype
Multifamily, Mixed Use
Listing agency KW Commercial Chicago - Lincoln Park
Listed by Steve Kehoe · License #IL 475170862
Source Crexi
Added: Apr 10 Updated: Jul 22 at 12:53PM Checked: Jul 22 at 12:53PM

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.

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

Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Law Firm Real Estate Agency Skin Care Clinic Acupuncture (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Nursing Home (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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
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