5042 W Armitage Avenue
Chicago, IL, 60639
$349,000
Beds
0 Baths
0 SqFt
0 Acres
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$349,000
5042 W Armitage Avenue
Chicago, IL, 60639
MLS #MRD12788929 image #0
OPPORTUNITY AWAITS – MIXED-USE INVESTMENT PROPERTY WITH ENDLESS POTENTIAL! Bring your vision and creativity to this unique mixed-use property featuring a commercial space on the main level and two residential units above! Previously operated as a neighborhood bar (no liquor license included), the main level offers exciting possibilities for its next chapter. The upper level features two spacious 2-3 bedroom units, both of which were fully rented at the time of the fire. Having sustained significant fire damage, this property is in need of a complete rehabilitation, offering investors, developers, and entrepreneurs a blank canvas to reimagine and restore. Whether you’re looking to revitalize the commercial space, generate rental income, or transform the entire property, the potential is here! BRING YOUR CONTRACTOR, YOUR IDEAS, AND YOUR VISION! Don’t miss this opportunity to breathe new life into a property with tremendous possibilities. Property is being sold AS-IS. Buyer to perform all due diligence regarding zoning, permits, condition, and potential uses.

Property Details

Price:
$349,000
MLS #:
MRD12788929
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chibelmontcragin
Listed Date:
Oct 19, 2026
Year Built:
1940
Chi – Belmont CraginChibelmontcragin

Schools

Interior

Cooling
None

Exterior

Construction Materials
Brick, Frame
Stories
3

Financial

Tax Year
2025
Taxes
$10,045
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Debra Dobbs is one of Chicago’s top realtors with more than 42 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Nov 02, 2026
875
Commercial Listed
183
Avg DOM
$1,013,346
Avg List Price

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Property Summary

    5042 W Armitage Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60639. It is listed for $349,000 To schedule a showing of MLS#mrd12788929 at 5042 W Armitage Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
5042 W Armitage Avenue
Chicago, IL