338 W Armitage Avenue, Chicago, IL 60614

$2,250,000
  • 338 W Armitage Avenue, Chicago, IL 60614 Main Photo

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New to the Market New
BEDS6 BATHS5 full MLS#12801594
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

Property Description

Discover a distinctive blend of character, space, and versatility in this exceptional 6-bedroom, 4.5-bathroom mixed-use property in the heart of Lincoln Park suitable for an owner occupant who wants nearly 7,500 in income to off set mortgage, an investor looking for a steady return in Chicago's Lincoln Park, or a savvy developer for AirBnb or other use cases. This unique asset features a street-level commercial space. Restaurant lease is 5,500 expires 2/1/28. A spacious main residence, a coach house, and a three-car garage. The primary residence is a triplex with rich hardwood floors, two cozy fireplaces, and oversized windows create a warm, light-filled living room that flows into a formal dining room and a well-appointed kitchen with built-in cabinetry and stainless steel appliances including a La Corneu oven blending it's historical woodwork and carpentry with modern finishes. A powder room and spacious study complete the main level. The second floor offers a spacious primary suite with a fireplace and en-suite bath, along with two additional bedrooms and a full bath. Upstairs, two more bedrooms, a full bath, and a generous family room open onto a balcony with a beautiful rooftop terrace with an additional fireplace. Off the main living level a beautiful courtyard (complete with a built in fourth fireplace) connects to the coach house, featuring its own kitchenette, bedroom, full bath, and sitting room. Multiple outdoor spaces add to the appeal. Ideally located near Lincoln Park Zoo, North Avenue Beach, neighborhood restaurants, cafes, boutique shopping, and public transportation, this is a rare opportunity to own a versatile property in one of Chicago's most sought-after neighborhoods. Restaurant lease is 5,500 expires 2/1/28

338 W Armitage Avenue | MLS# 12801594

This multi-family property located at 338 W Armitage Avenue, Chicago, IL 60614 is currently listed for sale with an asking price of $2,250,000. W Armitage Avenue is located within the District 299 school district. Search Chicago real estate on www.gogambino.com today.

Upcoming Open Houses

Open House Saturday November 7th, 1:00pm - 2:30pm
Open House Sunday November 8th, 1:00pm - 2:30pm

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Garage: 3
Heating: Gas, Electric
Lot Size: COMMON
Taxes: $38,830
Year Built: 1878

Feature Descriptions

Exterior: Stucco, Combination
Lot Dimensions: COMMON
Parcel#: 14332070410000
Parking: Yes, Attached, Garage
Sewer: Public Sewer
Total Rooms: 15
Township: North Chicago
Water: Public

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: Compass
Agency Phone: 773-466-7150

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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Estimated Payment

$ 14,112.29 per month $10,220.20 Principal & Interest $3,235.83 Property Tax $656.25 Homeowner's Insurance

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