2714 W Armitage Avenue
Chicago, IL 60647
Listing provided courtesy of: Redfin Corporation
Property Description
Introducing a rare and exceptional investment opportunity in one of the nicest areas of Logan Square! This fully-occupied, cash-flowing legal 3-unit property with 2-car garage is a proven income generator with a solid cap rate over 6%, making it an ideal addition to any investor's portfolio. The property is comprised of two 3 bedroom, 1 bathroom + den units (currently set up as 4 bedrooms), as well as one 2 bedroom, 1 bathroom garden unit. All three units feature hardwood floors, recessed lighting, gas forced heating, and updated kitchens with stainless steel appliances, white cabinets and granite counters. Units 1 & 2 have private rear decks, and there is also a large backyard and on-site laundry. Newer front deck, electric & plumbing. Adding to the property's appeal is the 2-car garage, providing ample parking and storage space for tenants, as well as the opportunity for additional income. Perfectly situated in prime East Logan Square only a couple blocks from Bucktown, this stunning property is surrounded by a vibrant mix of popular cafes, trendy boutiques, and tons of great dining, shopping & nightlife. Just moments from both the CTA Blue Line and the 606 Trail, this location offers convenience and accessibility to the entire city, while being immersed in the neighborhood's thriving culture. With a strong rental history and consistent demand, this property will provide a steady cash flow for years to come. Don't miss your chance to capitalize on this incredible opportunity in one of Chicago's most sought-after neighborhoods!
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Features:
On Site, Garage Owned, Detached, Garage Public Sewer
| Price: | $765,000 |
| Beds: | 8 |
| Baths: | 3 |
| Property Type: | Residential Income |
| Year Built: | 1892 |
Listing provided courtesy of: Redfin Corporation. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by other brokerage firms are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2025 by Midwest Real Estate Data LLC . All rights reserved. Listing last updated on 05/14/2025 09:07:02.
West Bucktown
The neighborhood association is making a concerted effort to create a sense of unity in the small borough, holding regular meetings with the police and local alderman, and getting people together for fun activities throughout the year – holiday events, barbeques, neighborhood clean-ups and restaurant crawls.
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