Mixed-Use Building with Ground-Floor
New
For Sale
$349,000
5042 W Armitage Avenue, Chicago, IL 60639
Commercial Sale, Chicago, IL
Property SizeContact for details
Lot Size0.03 Acres
Days on Market1
Property Features for 5042 W Armitage Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Cicero to armitage ave west
Subdivision
CHI - Belmont Cragin
Standard status
Active
APN
13332250330000
Lot size
0.03 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
10045
Building Details
Year built
1940
Floors in Building
3
Number of units
2
Building materials
Brick, Frame
Listing Agency:
Baird & Warner
(773) 250-0400
Listed By:
Maureen Frederick
(312) 265-8000
Added: Oct 19
Last Checked: Oct 19 at 4:06PM
MLS# 12788929
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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Investment Insights
Based on property information with market context.
This 1940-built mixed-use property combines a street-level commercial area with two apartments above. Each residence has a two- to three-bedroom layout. The building sustained fire damage and requires comprehensive rehabilitation; it is offered in its current condition. The parcel measures 0.0298 acres and is located at 5042 W Armitage Avenue in Chicago.
Key Highlights
- Ground‑floor commercial area with two apartments on the upper level
- Two residential units, each with a 2‑3 bedroom layout
- Fire damage; comprehensive rehabilitation is needed
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,517
Businesses Nearby
31k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 94%
Electronics 6%
Family Dollar
Shops & Services
9,546 visits/mo
0.2 miles
BP
Shops & Services
7,176 visits/mo
0.1 miles
AutoZone
Shops & Services
7,109 visits/mo
0.5 miles
Advance Auto Parts
Shops & Services
5,361 visits/mo
0.5 miles
Cricket Wireless Authorized Retailer
Electronics
1,917 visits/mo
0.1 miles
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
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Market
Vacancy Rate% for Retail in Chicago, IL
Frequently Asked Questions
What type of property is this?
Mixed-use property - The upper level contains two residential apartments, each configured for two to three bedrooms.
Where is this mixed-use property located?
The property is located at 5042 W Armitage Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Ground‑floor commercial area with two apartments on the upper level; Two residential units, each with a 2‑3 bedroom layout; Fire damage; comprehensive rehabilitation is needed
