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    2800 Armitage Ave Chicago, IL 60647

    For Lease
    Contact for pricing

    Chicago retail space, multiple suites available

    Lot size:
    24,261 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail property, located at 2800 West Armitage Avenue in Chicago's vibrant Logan Square neighborhood (zip code 60647, Cook County, IL), offers multiple suite options totaling 24,261 square feet. Two suites are currently available, with a minimum divisible space of 1,686 square feet and a maximum contiguous space of 2,196 square feet. A total of 3,882 square feet is currently vacant. The property benefits from a highly desirable location at a signalized intersection, providing excellent visibility and accessibility. Conveniently located near the CTA Blue Line, this property enjoys easy access to public transportation, attracting a large and diverse customer base. The property also features dedicated parking, a significant advantage in an urban setting. The strong co-tenancy includes nationally recognized brands. This prime location is within a rapidly growing area, experiencing significant residential development and a thriving entertainment scene, including award-winning restaurants and popular music venues such as the Congress Theater and Concord Music Hall. The nearby 606 trail further enhances the area's appeal and walkability. This presents a unique opportunity for businesses seeking a prominent location in one of Chicago's most dynamic and sought-after neighborhoods.

    Property Features for 2800 Armitage Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,261 SF

    Unit(s) available at that property

    Space
    Suite 8
    Size
    2,196 SF
    Space
    Suite 4a
    Size
    1,686 SF

    HighLights

    • Logan Square submarket.
    • Available for lease.
    • Urban retail space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    PNC Bank Bank PNC Mortgage Mortgage Lender

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6974448
    Latitude
    41.9176971

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    FAQs

    What type of property is this?
    Retail property - Chicago retail space, multiple suites available
    Where is this retail property located?
    The property is located at 2800 Armitage Ave Chicago, IL.
    What are key features of this property?
    This property features: Logan Square submarket.; Available for lease.; Urban retail space.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2800 Armitage Ave Chicago, IL 60647
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