1843 W Armitage Ave., Chicago, IL 60622

1843 W Armitage Ave., Chicago, IL 60622
Photo 1 of 1
$795,000
Sold on 9/10/20
Beds Baths Sq. Ft. Taxes Built
6 0.00 0 $9,231.94 1912
On the market: 100 days
View full details, 15 photos, school info, and price history
AMAZING investment opportunity in HOT Bucktown!!! All brick 3-flat with current Cap Rate of 6.8%. With a few renovations, the cap rate could be so much higher! Airbnb one unit and watch your monthly income significantly increase! Building features central air/heat, in-unit washer/dryers, updated kitchen/baths, private outdoor porches and backyard. Great opportunity to duplex the 3rd floor unit up!!! This could be the perfect owner's unit or add an extra bedroom/bathroom for more rental income. So much opportunity here! Two car brick garage offers additional rental income (please note that one spot is currently being rented separately for $180/mo - not included in total rental income). Just a few blocks to the Blue Lines and right next to the highway. Everything is walking distance - Restaurants, Nightlife, Shopping, the 606, parks and so much more!
Listing courtesy of Rubina Bokhari, Jameson Sotheby's Int'l Realty