3265 Armitage AveChicago, IL 60647

For Sale
$975,000

Prime location, redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional mixed-use property, located at 3265 W Armitage Avenue in Chicago's vibrant Logan Square neighborhood (zip code 60647), presents a compelling investment opportunity. The property consists of three lots totaling 11,250 square feet (75' x 150'), with a 3,350 square foot, two-story building currently vacant. The building is classified as Class C and zoned B3-1, offering significant flexibility for redevelopment or continued use as a medical office. The property boasts outstanding frontage and visibility on Armitage Avenue, with high daily traffic volume (13,300 vehicles per day) and a single curb cut for convenient access. The existing structure offers 3,350 square feet of net rentable space, suitable for various professional uses, including law firms, insurance agencies, financial services, medical or dental practices, educational institutions, or real estate businesses. Alternatively, the substantial lot size and favorable zoning make it an ideal site for new construction. The property's Cook County Assessor Parcel Numbers (APNs) are 13354040070000, 13354040080000, and 13354040090000, with a combined annual property tax of $17,134.79. The asking price is $975,000. Nearby businesses include A & R Shoes, All Star Pet Care, Haru Sushi Restaurant, Festive Collective, La Estrella, Big Bud Press, Ground Control Restaurant, and Scissorhand Salon. This property offers a unique blend of existing infrastructure and significant development potential in a thriving Chicago neighborhood.

Highlights

  • Exceptional Logan Square development opportunity at 3261-3265 W Armitage Ave.
  • 11,250 SF lot (75' x 150'), comprised of three parcels, with B3-1 zoning.
  • High traffic count: 13,300 vehicles per day.
  • Existing 3,350 SF, two-story mixed-use building, currently used as office space.
  • Excellent Armitage Avenue frontage and visibility; one curb cut.
  • Property PINs: 13354040070000, 13354040080000, 13354040090000; Total annual taxes: $17,134.79.

Property Details for 3265 Armitage Ave

Property type
Other office properties, Medical offices
Square Feet
11,250 SF
Class
C
Stories
2
Lot Size (sq. ft)
10,890 SF

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.9172055
Longitude
-87.7095704
3265 Armitage Ave, Chicago, Illinois

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3265 Armitage Ave
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