5042 W Armitage AVE, Chicago, IL 60639
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Sara Latta-Young

Sara Latta-Young

+1(815) 685-5090
$ 349,000
Est. payment | /mo
Save
$ 349,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12788929

Year Built 1940

Annual Tax Amount $10,045

Tax Year 2025

Lot Dimensions 50 x 125

Property Sub-Type Mixed Use

Property Description

OPPORTUNITY AWAITS - MIXED-USE INVESTMENT PROPERTY WITH ENDLESS POTENTIAL! Bring your vision and creativity to this unique mixed-use property featuring a commercial space on the main level and two residential units above! Previously operated as a neighborhood bar (no liquor license included), the main level offers exciting possibilities for its next chapter. The upper level features two spacious 2-3 bedroom units, both of which were fully rented at the time of the fire. Having sustained significant fire damage, this property is in need of a complete rehabilitation, offering investors, developers, and entrepreneurs a blank canvas to reimagine and restore. Whether you're looking to revitalize the commercial space, generate rental income, or transform the entire property, the potential is here! BRING YOUR CONTRACTOR, YOUR IDEAS, AND YOUR VISION! Don't miss this opportunity to breathe new life into a property with tremendous possibilities. Property is being sold AS-IS. Buyer to perform all due diligence regarding zoning, permits, condition, and potential uses.

Location

State IL

County Cook

Area Chi - Belmont Cragin

Interior

Cooling None

Fireplace N

Building

Dwelling Type Mixed Use

Structure Type Brick,Frame

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Maureen Frederick of  Baird & Warner 

NEARBY PROPERTIES

Sara Latta-Young

+1(815) 685-5090

saralattayoung@gmail.com

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5042 W Armitage AVE

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