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    OFF-MARKET
    Office Units

    3501 Armitage Ave, Chicago, IL 60647

    Property ID
    US28-1855704
    Property summary
    AI-generated overview

    This 3,400-square-foot commercial property at 3501 W Armitage Ave, Chicago, IL 60647, offers a unique opportunity in the vibrant Logan Square neighborhood. The space is currently vacant and features a flexible layout suitable for various uses, including retail, restaurant, medical office, creative office, or traditional office. The main level boasts approximately 2,600 square feet with 10 office spaces, 2 bathrooms, and a kitchenette, complemented by lofty ceilings and exposed brick. B3-1 zoning allows for diverse possibilities. A 1,400-square-foot lower level, previously used for community events, provides additional space. The property benefits from its prime location in Logan Square's bustling commercial district, close to the 606 trail and numerous amenities. The owner is open to significant renovations or tenant improvements to accommodate specific business needs, potentially resulting in a higher rental rate. This adaptable space presents a blank canvas for a creative and successful business venture. The property is located near St. Louis Ave and has 12-foot ceilings. Heated. Cook County.

    Property profile
    Verified
    Property type Office Units
    UPID US28-1855704
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Westtown Citizen Coalition Charitable Organization Social Service Agency
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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