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
See this Listing
Schools
Interior
Exterior
Stories
3
Financial
Maintenance Fee
$2,500
Tax Year
2024
Taxes
$14,500
Map
Community
- Address4854 W Armitage Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60639
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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Copyright 2026. All rights reserved.
4854 W Armitage Avenue
Chicago, IL


