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$4,030,000
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Property Description
Beautifully maintained and built in 2012, this all-brick 13-unit mixed-use building is ideally situated in the heart of Chicago's vibrant Logan Square neighborhood-just steps from shops, restaurants, and parks. The property includes 12 residential units and 1 street-level retail space, offering a strong and stable income stream with value-add potential. The residential unit mix consists of:6:2 bed /2 bath units, 3:2 bed / 1 bath units, 3:1 bed / 1 bath units. Each apartment features high-end finishes such as granite countertops, maple cabinetry, stainless steel appliances, and private balconies. The building also includes a mix of heated garage and outdoor parking, additional storage, and a dedicated bike room. Currently fully occupied, many of the units are leased to long-term tenants at below-market rents, offering immediate upside through rental increases and selective unit upgrades. There's also potential to add rooftop decks with stunning views of the downtown Chicago skyline. Whether you're seeking a turnkey investment or a value-add opportunity, this well-located asset offers both solid current income and future growth potential.
Full Property Details
Full Property Details for 3060 W Armitage Ave
General
- Sold For: $4,030,000
- Taxes: $41,018 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12355322
- Added to Site: 257 day(s) ago
Interior
- Interior Features: Freight Elevator(s), Accessible Entrance, Storage Inside
Additional Information
- Security/Safety: Alarm Monitored, Alarm on Site, Fire Extinguisher(s), Carbon Monoxide Detector(s)
Location
- Area: CHI - Logan Square
- County: Cook
- Driving Directions: South on Kedzie, East on Armitage to property
Heating & Cooling
- Cooling Type: Central Air Conditioning, Central Individual
- Heating Type: Central Heat/Individual Controls
Structural Information
- Construction: Block, Brick
- Exterior Const.: Block, Brick
- Foundation: Block, Concrete Perimeter
- Roof: Membrane
- Stories/Levels: 4
- Square Feet: 16,800
- Year Built: 2012
Unit Information
- Units w/Refrigerators: 12
- Units w/Range/Oven: 12
- # Dryers: 12
Lot Features
- Lot Size (Sq. Ft.): 6,098
- Lot Dimensions: 48 x 125
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $94,959
- Security Deposit: Alarm Monitored, Alarm On Site, Fire Extinguisher/s, Carbon Monoxide Detector(s)
- Assessment Year: 2012
- Tax Amount: $41,018
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat
Disclosures and Reports
- Property ID: 13361150370000
Listed by Star Realty & Management
Sold by Marcus & Millichap Chicago Apartment Brokers
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Schools
Schools serving 3060 W Armitage Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Yates Elementary School 1839 North Richmond Street, Chicago, IL 60647 | PK-8 | 0.3 mi |
Clemente Community Academy High School 1147 North Western Avenue, Chicago, IL 60622 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3060 W Armitage Ave
Date
Details
Price
Change
Source
12/03/2025
Sold
$4,030,000
-6.28%
MLS
7/27/2025
Price Reduced
$4,300,000
-2.27%
MLS
5/07/2025
Listed
$4,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3060 W Armitage Avenue, Chicago, IL 60647 (MLS# 12355322) is a Commercial property that was sold at $4,030,000 on December 03, 2025. Want to learn more about 3060 W Armitage Avenue? Do you have questions about finding other Commercial real estate for sale in Logan Square? You can browse all Logan Square real estate or contact a Coldwell Banker agent to request more information.

