4854 W Armitage Avenue
Chicago, IL, 60639
$799,000
3 Beds
2 Baths
0 SqFt
0 Acres
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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

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Schools

Interior

Exterior

Stories
3

Financial

Maintenance Fee
$2,500
Net Operating Income
$22,305
Tax Year
2024
Taxes
$14,500

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Community

Market Summary

Current real estate data for Commercial in Chicago as of Jun 15, 2026
921
Commercial Listed
186
Avg DOM
$993,381
Avg List Price

Property Summary

    4854 W Armitage Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60639. It is listed for $799,000

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