3501 Armitage Ave, Chicago, IL 60647
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.