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
Listed By
Agency Name: Compass
Agency Phone: 773-466-7150
Shown By
Agent Name: Kevin Fisher
Agent Phone: (815) 494-9595
Agency Title: Gambino Realtors
Estimated Payment
$ 14,112.29 per month $10,220.20 Principal & Interest $3,235.83 Property Tax $656.25 Homeowner's InsuranceCONTACT ME
Kevin Fisher
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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 kfisher.gogambino.com today.