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3916-3932 Armitage Ave Chicago, IL 60647

OFF-MARKET Land Google Maps
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional commercial land offering encompasses four contiguous lots totaling 23,814 square feet, strategically located in Chicago's vibrant Logan Square neighborhood at 3916-3932 W Armitage Avenue, zip code 60647. The property boasts a highly desirable location with exceptional visibility, experiencing approximately 11,000 vehicles per day. Its walk score of 85 reflects its convenient access to amenities and public transportation. Zoned M1-1, this parcel is ideally suited for a variety of commercial uses, including but not limited to car washes, truck parking facilities, or light manufacturing businesses. The site benefits from excellent public transportation access, situated directly on the CTA #73 Armitage bus route, within 0.1 miles of the CTA #53 Pulaski bus stop, 1.2 miles from the CTA Blue Line Logan Square station, and a convenient 0.5 miles from the Metra Milwaukee North Healey train station. The property's Assessed Parcel Numbers (APNs) are 13-35-123-077-0000, 13-35-123-059-0000, 13-35-123-058-0000, and 13-35-123-057-0000. The asking price for this remarkable opportunity is $950,000.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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