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Property profile & analytics

2240 Armitage Ave Chicago, IL 60647-4461

  • Office Properties & Spaces
  • 0.28 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-1661358
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Law Office Of Michael Lee,Llc. / Attorney
  • Madison Services Inc. / Construction Company

Property Details for 2240 Armitage Ave

Year built
1997
Lot size
0.28 lot acres
Property type
Office Properties & Spaces
APN
14-31-137-047-1014
APU
14311370471014

Description

This exceptional office condo at 2240 W Armitage Ave in Chicago's vibrant Bucktown/Wicker Park neighborhood offers multiple leasing options. The property, built in 2001, boasts a total of 48,000 square feet and sits on a sizable 12-acre lot in Cook County. Currently, 7,506 square feet of space is available, divisible into units as small as 1,500 square feet, with a maximum contiguous space of 3,753 square feet. Three spaces are currently available, ranging from 1,500 to 4,500 square feet. One first-floor unit features 2,253 square feet and includes two rear parking spaces. A garden-level unit offers 1,500 square feet. The building benefits from a highly convenient location, just one block from the CTA Blue Line Western stop and less than a mile from the 90/94 expressway and Metra North train. The property is fully furnished with brand-new amenities and furniture, making it ideal for executives and teams of various sizes. 2018 property taxes (paid in 2019) for a commercial space and two parking spaces totaled $13,009.17. Common area maintenance (CAM) and taxes are $8.88 per square foot, based on a 2,253-square-foot space. This is a rare opportunity to secure prime office space in a highly desirable location.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.684
Latitude
41.9179
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$18,674
$6,300
$84,184
$90,484
-
$25,200
$336,736
$361,936
More about this property
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