1015-17 Armitage Ave, Chicago, IL 60614
This exceptional 2,294 square foot medical office space is situated in the heart of Chicago's vibrant Lincoln Park neighborhood at 1015-17 West Armitage Avenue. Part of a larger 11,170 square foot building constructed in 1881, this ground floor storefront offers unparalleled visibility and accessibility. The space boasts floor-to-ceiling windows, providing excellent natural light, and includes ADA-compliant restrooms. A convenient basement provides ample storage. This location benefits from high pedestrian traffic, situated along the bustling Armitage Avenue retail corridor, surrounded by a mix of national, regional, and local businesses. The property's prime location offers easy access to public transportation, being just steps from the Armitage "L" station (Brown/Purple lines) and within walking distance of the Fullerton "L" station (Red/Brown/Purple lines). It's also less than a mile from I-94 access, ensuring convenient access for patients and staff. Nearby establishments include Starbucks, Studio Lagree, Le Pain Quotidien, Bonobos, Aesop, and many other popular retailers, creating a thriving and desirable commercial environment. The building is located in Cook County, Illinois, and offers multiple tenancy options. This is a rare opportunity to secure a well-positioned medical office space in one of Chicago's most affluent and sought-after neighborhoods.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.