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844 W Armitage Ave
Chicago, IL 60614
Lincoln Park Restaurant for Sublease · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,772 SF
Building Class
C
Year Built
1898
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.91
Lot Size
0.07 AC
Zoning
B3-2
Parking
2 Spaces (0.72 Spaces per 1,000 SF Leased)
Frontage
19’ on W Armitage Ave

ABOUT 844 W ARMITAGE AVE , CHICAGO, IL 60614

Highlights: – 1,400 Sq Ft turn key profitable ground floor restaurant available on Armitage between Sheffield & Halsted – Sublease of Downtown Pizza & Wings – existing tenant asking $99,000 key money — includes all existing build-out, fixtures, equipment & sublease w/favorable terms ($30 / Sq Ft NNN plus extensions available) – Upside opportunity to re-brand restaurant / upgrade concept to align with trendy eclectic vibe of Lincoln Park’s shopping corridor, capturing foot traffic of shoppers and students while serving area residents with dine-in, carry out & delivery – All restaurant equipment, large exterior signage, 2 ADA-compliant bathrooms & black iron with hood / ansel system included – In prime location within 1 block of 7-Eleven, Starbucks, Walgreens, Old Town School of Folk Music & PAWS Chicago – Situated on high-end Armitage Avenue, one of the top five shopping streets in Chicago, including Benefit Cosmetics, Bonobos, Intermix, Kiehl’s, L’Occitane, Lush, MAC Cosmetics & Paper Source – Easily accessible to public transportation, located on CTA #73 Armitage bus route, 0.1 miles from Brown/Purple line Armitage station and 0.3 miles to Divvy Bike Clifton & Armitage station – Owner relocating to West Coast to assist family in opening additional restaurants

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-32-227-044-0000
Land Assessment
$46,500
Improvements Assessment
$91,500
Total Assessment
$138,000
  • Listing ID: 6913122

  • Date on Market: 4/24/2017

  • Last Updated:

  • Address: 844 W Armitage Ave, Chicago, IL 60614

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