Commercial: Mixed Use - MLS# 12577246
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Description
Developers and Contractors! Fully approved, shovel-ready mixed-use opportunity in the heart of Logan Square. 3508 W. Armitage offers plans and permits in hand for a five-unit residential + one retail development, featuring all 2 bed / 2 bath layouts, a ground-floor commercial space, full basement (7.5-8' ceilings), and three parking spaces. Significant value has already been invested including acquisition, foundation and plumbing work, and architectural plans,-allowing the next owner to step in and build without the typical delays of city entitlement. Zoned B2-3 on a 25' x 125' lot in a high-demand rental corridor near the 606, Blue Line access, restaurants, and retail. Rare turnkey development play with substantial upfront time and capital already deployed.
Features
- Property Type: Commercial
- Sub Type: Mixed Use
- Listing Status: Active
- County/Area: Cook County
- Zip Code: 60647
- Year Built: 1891
- Stories: 2
- Units: 6 units
- # Of Apts: 5
- # Of Stores: 1
- Approximate Age: Older
- Built Before 1978 (Y/N): Yes
- Directions: On the 3500 hundred block of W. Armitage, north side of the street just west of N. Kimball Avenue.
- Electric: Circuit Breakers
- Geographic Locale: Chicago North
- Information: Short Notice OK
- Lot Size Square Feet: 2875
- Main Type: Commercial Sale
- Property Sub Type: Mixed Use
- Tax Annual Amount: 5811.27
- Tax Year: 2024
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