Property profile

322 Armitage Ave Chicago, IL 60614

OFF-MARKET
Theaters & concert halls
Property ID
US28-2125240
11,800 SF 0.25 ac lot Built 1922
Trust Owned ~ Est. High Equity
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Property profile

Verified
Property type Theaters & concert halls
Use group THEATER (MOVIE)
Year built 1922
Total area 11,800 SF
Lot 0.25 ac (10,952 SF)
APN 14-33-208-013
UPID US28-2125240

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
  • Theater & Performing Art Venue Music Venue

Location

322 Armitage Ave Chicago, IL 60614-4711
Chicago metro Census 71400 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $595,000 +66.4%
Warehouse, storage $525,000 +47.0%

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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