See all 26 photos

$765,000

Est. payment - /mo

8 Beds

3 Baths

New

2714 W Armitage AVE Chicago, IL 60647

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12350139

Bedrooms 8

Year Built 1892

Annual Tax Amount $9,908

Tax Year 2023

Lot Dimensions 3000

Property Sub-Type Two to Four Units

Property Description

Introducing a rare and exceptional investment opportunity in one of the nicest areas of Logan Square! This fully-occupied, cash-flowing legal 3-unit property with 2-car garage is a proven income generator with a solid cap rate over 6%, making it an ideal addition to any investor's portfolio. The property is comprised of two 3 bedroom, 1 bathroom + den units (currently set up as 4 bedrooms), as well as one 2 bedroom, 1 bathroom garden unit. All three units feature hardwood floors, recessed lighting, gas forced heating, and updated kitchens with stainless steel appliances, white cabinets and granite counters. Units 1 & 2 have private rear decks, and there is also a large backyard and on-site laundry. Newer front deck, electric & plumbing. Adding to the property's appeal is the 2-car garage, providing ample parking and storage space for tenants, as well as the opportunity for additional income. Perfectly situated in prime East Logan Square only a couple blocks from Bucktown, this stunning property is surrounded by a vibrant mix of popular cafes, trendy boutiques, and tons of great dining, shopping & nightlife. Just moments from both the CTA Blue Line and the 606 Trail, this location offers convenience and accessibility to the entire city, while being immersed in the neighborhood's thriving culture. With a strong rental history and consistent demand, this property will provide a steady cash flow for years to come. Don't miss your chance to capitalize on this incredible opportunity in one of Chicago's most sought-after neighborhoods!

Location

State IL

County Cook

Area Chi - Logan Square

Rooms

Basement Finished, Exterior Entry, Egress Window, Full

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

Building Description Vinyl Siding, No

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Chase Elementary School

Middle Schools Chase Elementary School

High Schools Big Picture High School-Back Of

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://my.matterport.com/show/?m=mcatvfN3VaK&brand=0

Listed by Reve' Kendall • Redfin Corporation

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106