About This Home

This 0-bedroom, 0-bathroom commercial at 2947 W. Armitage Avenue in Chicago, IL is listed for $1,900,000. Built in 1935, on a N/A lot.

Key Features

  • Built in 1935

Property Details

1935
Listing Description

Exceptional investment and owner-user opportunity in the heart of vibrant Logan Square! This mixed-use commercial property offers significant income potential and long-term upside, featuring eight highly visible street-level storefronts, with four currently vacant and ready for custom build-outs or new commercial tenants.

The vacant units have already been framed, providing an ideal canvas for a variety of retail, restaurant, office, or service-oriented concepts suited to the area's thriving business community. Above the commercial spaces are three spacious residential apartments, offering strong supplemental rental income or potential owner occupancy.

Two of the units are well-appointed three-bedroom apartments that were extensively renovated in 2018 with modern finishes and updated interiors designed to attract quality tenants. The third apartment also presents excellent rental potential. This property offers exceptional flexibility for investors and owner-users alike - lease the vacant storefr

onts to maximize cash flow, occupy one or more units for your own business operations, or reposition the asset for future appreciation. Ideally located in sought-after Logan Square, the property benefits from strong foot traffic, outstanding visibility, and close proximity to public transportation, restaurants, shopping, and entertainment.

Whether you are looking to expand your investment portfolio or capitalize on the continued growth and redevelopment of one of Chicago's most dynamic commercial corridors, this property presents an outstanding opportunity for strong returns and long-term value appreciation. Don't miss the chance to acquire a premier mixed-use asset in one of the city's most desirable neighborhoods.

Monthly Cost Estimate

$10,162/mo

20% down · 6.5% · 30 years

Principal$1,374
Interest$8,233
Insurance$554

Estimates only. Actual payments may vary.

Location

2947 W. Armitage Avenue

Chicago, IL 60647

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 2947 W. Armitage Avenue is listed at $1,900,000. The estimated monthly payment is $10,161 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1935.

This property is listed by Diane Delgado.

DD

Diane Delgado

Agent at Baird & Warner Real Estate

Listed by Baird & Warner Real Estate · Broker phone: 7737751855 · Broker website

MLS# 12649832· Source: Baird & Warner Real Estate· 169 days on PropertySimple

Copyright © 2026 Baird & Warner Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2947 W. Armitage Avenue, Chicago, IL 60647

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