Introducing a rare and exceptional investment opportunity in one of the nicest areas of Logan Square! This fully-occupied, cash-flowing legal 3-unit property with 2-car garage is a proven income generator with a solid cap rate over 6%, making it an ideal addition to any investor's portfolio. The property is comprised of two 3 bedroom, 1 bathroom + den units (currently set up as 4 bedrooms), as well as one 2 bedroom, 1 bathroom garden unit. All three units feature hardwood floors, recessed lighting, gas forced heating, and updated kitchens with stainless steel appliances, white cabinets and granite counters. Units 1 & 2 have private rear decks, and there is also a large backyard and on-site laundry. Newer front deck, electric & plumbing. Adding to the property's appeal is the 2-car garage, providing ample parking and storage space for tenants, as well as the opportunity for additional income. Perfectly situated in prime East Logan Square only a couple blocks from Bucktown, this stunning property is surrounded by a vibrant mix of popular cafes, trendy boutiques, and tons of great dining, shopping & nightlife. Just moments from both the CTA Blue Line and the 606 Trail, this location offers convenience and accessibility to the entire city, while being immersed in the neighborhood's thriving culture. With a strong rental history and consistent demand, this property will provide a steady cash flow for years to come. Don't miss your chance to capitalize on this incredible opportunity in one of Chicago's most sought-after neighborhoods!
New
$765,000
2714 W Armitage Ave, Chicago, IL 60647
8beds
--sqft
Est.:
Multi Family
Built in 1892
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Recessed lightingLarge backyardGas forced heatingGranite countersPrivate rear decksHardwood floorsWhite cabinets
- 4 days
- on Zillow |
- 438 |
- 36 |
Zillow last checked: 7 hours ago
Listing updated: May 08, 2025 at 11:17am
Listing courtesy of:
Reve' Kendall 312-836-4263,
Redfin Corporation
Source: MRED as distributed by MLS GRID,MLS#: 12350139

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Forced Air
Features
- Basement: Finished,Exterior Entry,Egress Window,Full
Property
Parking
- Total spaces: 2
- Parking features: On Site, Garage Owned, Detached, Garage
- Garage spaces: 2
Lot
- Size: 3,000 Square Feet
Details
- Parcel number: 13362280300000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1892
- Major remodel year: 2015
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $534,510
- Annual tax amount: $9,908
- Date on market: 5/8/2025
- Ownership: Fee Simple
- Loading
- Loading