327 W Armitage Avenue
Chicago, IL 60614

Status: Sold
Multi Family
6 beds
0 baths
0 sq.ft
Listing Price: $849,900
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About this home

Fantastic rehab or tear-down opportunity in highly coveted Lincoln Park for developers and investors! The building requires a full gut down to the studs with endless possibilities for a rental play, owner-occupancy, house hacking, or AirBnB/short term rental. This 2-flat with RT-4 zoning has received ZBA approval to add an addition to the rear of the building, turning the building into a 3-flat for even more income potential. Located in the prestigious Lincoln Park school district close by the Halsted shopping district, lake shore, and more. All units: 3 bed / 2 bath and approx. 1400 sf according to plans. Drive-by only.

Property details

Property / Lot Details
Acreage 0.05
Lot Dimensions 34.2 X 85.6 X 24.2 X 109.8
Lot Size .50-.99 Acre
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building No
Approx Year Built 1888
Parking Total 2
Exterior Building Type Brick
Foundation Brick/Mortar
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
Roof Type Flat
MRD Virtual Tour None
Virtual Tour Date 10/28/2023 2:07 am
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Lincoln Park
Corporate Limits Chicago
Directions 350 feet west of intersection of Clark and Armitage Streets
Elementary School Lincoln Elementary School
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Electric, Forced Air
High Sch Lincoln Park High School
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township North Chicago
Interior Features
Basement Description None
Basement Bathrooms No
Basement None
Bedrooms Count 6
Bedrooms Possible 6
Baths Count 3
Full Baths in Building Count 3
Total Rooms 12
Units
unit 1
Beds Total 3
Baths Total 2
Appliances And Features None
Full Baths Total 2
Rooms Total 4
Tenant Pays None
Floor Number 1
Square Feet 1400
unit 2
Beds Total 3
Baths Total 2
Appliances And Features None
Full Baths Total 2
Rooms Total 4
Tenant Pays None
Floor Number 2
Square Feet 1400
unit 3
Beds Total 3
Baths Total 2
Appliances And Features None
Full Baths Total 2
Rooms Total 3
Tenant Pays None
Floor Number G
Square Feet 1400

Financials

Financing Conventional
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 14334000190000
Special Assessments N
Taxes $21,919
Tax Exemptions None
Tax Year 2021
$849,900 Listing Price:
MLS # 11916632
Investment Profile Residential Income
Listing Market Time 94 days
Basement None
Type Unit 3 Flat
Number of Units in Building 3
Parking Space/s
List Date 10/27/2023
Year Built 1888
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