IL
Cook
Chicago
60647
2947 W Armitage Avenue, Chicago, IL 60647
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Listing Type
Commercial/Industrial
Listing Status
Active
10
$1,900,000

Home Details for 2947 W Armitage Avenue

Price
$1,900,000
Type
Commercial Sale
County
Cook
Days on site
5
MLS Listing#
12573704
Property Description

Exceptional investment opportunity in vibrant Logan Square! This mix-use commercial building offers substantial income and value-add potential, featuring 8 highly visible street-level storefronts, with 4 units currently vacant and primed for custom investor buildouts or new commercial tenants. The vacant spaces have been framed out, providing a blank canvas for a variety of retail or office concepts, catering to the thriving local business community. Above the commercial units are 3 spacious residential apartments, ideal for generating steady rental revenue and accommodating owner occupancy. Two of the apartments are three-bedroom units that were thoughtfully remodeled in 2018, boasting updated interiors, modern finishes, and strong tenant appeal. The third apartment unit also offers solid rental potential. This property is perfect for investors seeking flexible options-lease up the vacant storefronts to maximize cash flow, occupy one or more of the residential units, or redevelop portions of the building for future appreciation. The building's location in the sought-after Logan Square area ensures strong foot traffic, excellent visibility, and proximity to public transit, restaurants, shopping and entertainment. Whether you are looking to expand your investment portfolio, secure a live/workspace, or capitalize on the neighborhoods ongoing growth, this property offers outstanding ROI and long-term upside. Don't miss your chance to own a cornerstone asset in one of Chicago's most dynamic and desirable commercial corridors!

Property Features
    Listing Courtesy: Baird & Warner - 773-775-1855
    Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-03-31 14:11:24. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    Last Updated: 2026-03-31 14:11:24
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    EXIT GRACE REALTY
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