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4854 W Armitage Ave
Chicago, IL 60639
Multifamily Property For Sale · 6 Units

Executive Summary

M2M Upside: Leases Month-to-Month - clear the path for immediate upgrades. Boost NOI from approx $26K to $59K. Unlock up to ~ $200K in Cost Seg depreciation. Prime 2 bdrm units in supply constrained market.
Armitage Powerhouse: High visibility asset steps from anchor retail. 6 minute walk to the Grand/Cicero Metra offers a 20 - minute direct commute to downtown - unbeatable transit-oriented value play.

Property Facts

Price Per Unit $184,518 CAD
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.07 AC
Building Size 5,676 SF
No. Stories 3
Year Built 1930

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 - -
2+1 5 - -

Property Taxes

Property Taxes

Parcel Number
13-33-229-029-0000
Land Assessment
$7,901 CAD
Improvements Assessment
$81,583 CAD
Total Assessment
$89,484 CAD
  • Listing ID: 40009976

  • Date on Market: 2026-04-02

  • Last Updated:

  • Address: 4854 W Armitage Ave, Chicago, IL 60639

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