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5042 W Armitage Avenue Chicago, IL 60639

$349,000
New / MLS# 12788929 / Commercial - Business / Chicago
0 Beds

OPPORTUNITY AWAITS - MIXED-USE INVESTMENT PROPERTY WITH ENDLESS POTENTIAL! Bring your vision and creativity to this unique mixed-use property featuring a commercial space on the main level and two residential units above! Previously operated as a neighborhood bar (no liquor license included), the main level offers exciting possibilities for its next chapter. The upper level features two spacious 2-3 bedroom units, both of which were fully rented at the time of the fire. Having sustained significant fire damage, this property is in need of a complete rehabilitation, offering investors, developers, and entrepreneurs a blank canvas to reimagine and restore. Whether you're looking to revitalize the commercial space, generate rental income, or transform the entire property, the potential is here! BRING YOUR CONTRACTOR, YOUR IDEAS, AND YOUR VISION! Don't miss this opportunity to breathe new life into a property with tremendous possibilities. Property is being sold AS-IS. Buyer to perform all due diligence regarding zoning, permits, condition, and potential uses.

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Baird & Warner Jeffrey Schwartz Email

Property Details

Property Type: Commercial - Business
Cooling: None
Lot Size: 0.03 Acres
Stories: 3.0
Taxes: $10,045
Year Built: 1940

Feature Descriptions

Electric: Other
Exterior: Brick, Frame
Fire Protection: None
HVAC: Other
Lot Dimensions: 50 x 125
Number of Tenant(s): 0
Parcel#: 13332250330000
Units: 2

Location

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