3 Flat 2000 Armitage Logan Square Chicago IL Mu I| Chicago Property Listings – X Plus Real Estate

Find the home or investment property you’ve been looking for!

Quick Search
Advanced

Select Search Area

Selected Areas (10)
Listing Types




Property Features









3 Flat 2000 Armitage Logan Square Chicago IL Mu I

City: Chicago ZIP: 60647

Built In: 1898

Lot Size: A

Lot Dimensions: 33X74

# of Units: 3

Unit 1 Floor 1: 0 bedrooms 0 baths $0

Unit 2 Floor 2: 0 bedrooms 0 baths $0

Unit 3 Floor 3: 0 bedrooms 0 baths $2800

Detailed Listing Description

Unique multi-unit / commercial property with an income generating opportunity and development potential in a prime Bucktown location. Perfect high traffic area for your business. Nice investment opportunity with a number of options. This B3-2 zoned property is located on a highly visible Damen Ave and Armitage Ave, near bus stops, I90/94 expressways. Consisting of 3 total units in fair condition, currently built out as 1 dental office, 1 medical office, 1 commercial space upstairs. Spacious full unfinished basement is ideal for storage or has potential for future expansion. All brick.Building features central air/heat. So much opportunity here! Everything is walking distance - Restaurants, Nightlife, Shopping, the 606, parks and so much more! Sold "as-is"

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1I
  • Tenant Pays Unit 2I
  • Tenant Pays Unit 3I
Appliances
  • Appliances Unit 1O
  • Appliances Unit 2O
  • Appliances Unit 3O
Schools
  • Grade SchoolPulaski International
  • Grade School District299
  • Jr High/Middle SchoolPulaski International
  • Jr High/Middle School District299
  • High SchoolClemente Community Academy Senio
  • High School District299

Comparative Data

Zip Code Comparison: 60647

Listings in this Zip Code average: 2 to 3 units, and are priced at $518,344 to $620,208
This listing is 222% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Logan Square

Listings in this Neighborhood average: 2 to 3 units, with average prices of $537,114 to $693,159
This listing is 188% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $33,600 Monthly $2,800
Rental Income Stabilized : Annual $33,600 Monthly $2,800
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$1,995,0003$665,0000.16%59.380.14%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,800$2,800
Year Total$33,600$33,600
Expense
Total$30,327$30,327
Net Operating Income$3,273$3,273
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $24138 $66838 $90976 $7582
Total         $24,138 $66,838 $90,976   $-87,703 $24,138 $-63,565
Stabilized         $24,138 $66,838 $90,976   $-87,703 $24,138 $-63,565
Custom         $24138 $66838 $90976   $-87703 $24138 $-63565




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
11,496,2507,5821,9715,6111,9715,6117,582
21,494,2797,5821,9785,6043,95011,21415,164
31,492,3007,5821,9865,5965,93516,81122,746
41,490,3157,5821,9935,5897,92922,39930,328
51,488,3217,5822,0015,5819,93027,98037,910
61,486,3207,5822,0085,57411,93833,55445,492
71,484,3127,5822,0165,56613,95439,12053,074
81,482,2967,5822,0235,55915,97744,67960,656
91,480,2737,5822,0315,55118,00850,23068,238
101,478,2427,5822,0395,54320,04755,77375,820
111,476,2037,5822,0465,53622,09361,30983,402
121,474,1577,5822,0545,52824,14766,83790,984
131,472,1037,5822,0625,52026,20872,35898,566

Explore Nearby Neighborhoods

Portage ParkNearby Neighborhoods X Plus Real Estate

Portage Park

Logan SquareNearby Neighborhoods X Plus Real Estate

Logan Square

Irving ParkNearby Neighborhoods X Plus Real Estate

Irving Park

Listing Agent: Akos Straub
Listing Office: Berkshire Hathaway HomeServices Chicago
1800 N. Clybourn Ave. 2nd Fl Chicago

© 2017 Midwest Real Estate Data, LLC (MRED). The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data, LLC (MRED). Real Estate listings held by brokerage firms other than X Plus Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.