4854 W Armitage Avenue
Chicago, IL, 60639
$799,000
3 Beds
2 Baths
0 SqFt
0 Acres
Add
Add
$799,000
4854 W Armitage Avenue
Chicago, IL, 60639
MLS #MRD12664178 image #0
This secured, six-unit asset features individual tenant-paid utilities, separate furnaces and hot water tanks, an integrated camera security and master lock system, and on-site coin-operated laundry. Located at 4854 W Armitage Ave in Chicago’s Belmont Cragin neighborhood, this circa-1930, three-story multifamily building spans approximately 5,676 square feet of interior space configured into high-demand two-bedroom, one-bathroom layouts. Investing in 4854 West Armitage Avenue provides a strategic entry into a resilient submarket where demand for mid-sized multifamily assets remains robust, offering a classic Chicago-style architecture play with immediate value-add upside. The highly walkable location boasts a Walk Score of 82, immediate proximity to the CTA #73 Armitage bus (connecting to the Western Blue Line), steps to the Armitage and Cicero stop, a rapid downtown commute via the nearby Healy Metra Station, and close proximity to the 38-acre Hanson Park complex to anchor long-term tenant retention.

Property Details

Price:
$799,000
MLS #:
MRD12664178
Status:
Active
Beds:
3
Baths:
2
Type:
Commercial
Neighborhood:
chibelmontcragin
Listed Date:
Jun 1, 2026
Year Built:
1930
Chi – Belmont CraginChibelmontcragin

Schools

Interior

Exterior

Stories
3

Financial

Maintenance Fee
$2,500
Net Operating Income
$22,305
Tax Year
2024
Taxes
$14,500
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

More About Debra

Mortgage Calculator

 

Map

Current real estate data for Commercial in Chicago as of Jun 12, 2026
920
Commercial Listed
184
Avg DOM
$996,827
Avg List Price

Community

Subdivisions in Chicago

Similar Listings Nearby

broker reciprocity
MLS# MRD12182798broker reciprocity
3735 W Belmont Avenue
Chicago, IL

$1,025,000

2.0 miles away

broker reciprocity
MLS# MRD12664380broker reciprocity
4101-4015 W Lake Street
Chicago, IL

$1,000,000

2.2 miles away

broker reciprocity
MLS# MRD12666652broker reciprocity
2744 W Division Street
Chicago, IL

$1,000,000

2.8 miles away

broker reciprocity
MLS# MRD12671209broker reciprocity
1916 W IRVING PARK Road
Chicago, IL

$999,500

4.5 miles away

broker reciprocity
MLS# MRD12676078broker reciprocity
4934-36 W Jackson Boulevard
Chicago, IL

$999,000

3.1 miles away

broker reciprocity
MLS# MRD12209947broker reciprocity
2230 S Sawyer Avenue
Chicago, IL

$960,000

2.0 miles away

broker reciprocity
MLS# MRD12636515broker reciprocity
2435 N Ashland Avenue
Chicago, IL

$960,000

4.2 miles away

broker reciprocity
MLS# MRD12640176broker reciprocity
5007 W Diversey Avenue
Chicago, IL

$959,000

1.0 miles away

broker reciprocity
MLS# MRD12617871broker reciprocity
1011 N Western Avenue
Chicago, IL

$950,000

3.4 miles away

broker reciprocity
MLS# MRD12617645broker reciprocity
7455 W Irving Park Road
Chicago, IL

$949,000

4.2 miles away

Property Summary

    4854 W Armitage Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60639. It is listed for $799,000 To schedule a showing of MLS#mrd12664178 at 4854 W Armitage Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
4854 W Armitage Avenue
Chicago, IL