Property profile

1113 Armitage Ave Chicago, IL 60614

OFF-MARKET
Retail properties & Spaces
Property ID
US28-1989405
9,600 SF
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Property summary

AI-generated overview

This 1,100 square foot ground floor retail space is located at 1113 West Armitage Avenue in Chicago's desirable Lincoln Park neighborhood. Situated on a highly trafficked section of Armitage Avenue, this storefront boasts approximately 40 feet of frontage, providing excellent visibility to an estimated 7,200 vehicles per day and significant pedestrian traffic. The space features abundant natural light and expansive window lines, creating a bright and inviting atmosphere. Its convenient location offers easy access to public transportation, with the Armitage "L" Station (Brown/Purple Line) just steps away. Furthermore, Interstate-94 is within one mile, and Lake Shore Drive is approximately two miles distant. The property is part of a larger 9,600 square foot multi-tenant building in Cook County, Illinois. This versatile space is suitable for a variety of uses, including retail, office, medical office, or service-oriented businesses. The area is densely populated with numerous established businesses, including Trader Joe's, Walgreens, Foxtrot, and many popular restaurants. This prime location offers exceptional opportunity for a thriving business.

Property profile

Verified
Property type Retail properties & Spaces
Total area 9,600 SF
UPID US28-1989405

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Community Center
  • Corporate Office
  • Photography Service (Bike/Boat/Book/etc) Store

Location

1113 Armitage Ave Chicago, IL 60614
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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