Essex Realty Group, Inc. is pleased to announce the sale of 2000 West Armitage Avenue, located in Chicago’s popular Bucktown neighborhood. The property is a vacant two-story building that sits on a large lot (32’ x 72’) on the northwest corner of Armitage Avenue and Damen Avenue, a heavily trafficked, signalized intersection with 32 ft of frontage on Armitage. Essex conducted an extensive marketing campaign resulting in more than 16 property tours and 4 offers. The property closed for more than $250,000 over the list price.
RICH HISTORY: Bucktown is one of the most prominent areas in Chicago, located north of the Loop and just west of the Chicago River and the Kennedy Expressway. Its proximity to the City’s central business district combined with convenient access to public transportation has led to substantial residential and retail growth, which have been the driving forces in transforming the neighborhood into one of the foremost places to live in Chicago. The neighborhood is filled with local restaurants, boutiques and small businesses making up the majority of tenants along retail corridors, with major national tenants consistently moving in each year.
PRIME LOCATION: The property is located on the northwest corner of Armitage Avenue and Damen Avenue in Chicago’s Bucktown neighborhood. 2000 W Armitage Ave sits in the heart of Bucktown, featuring a wide variety of boutiques, trendy restaurants & bars, and major retailers. The property is also conveniently located a half mile from the Clybourn Metra Station, less than a mile from the Western & Damen Blue Line CTA Stations, and in close proximity to numerous bus stops and Divvy bike stations.
- Sold More Than 25% Over Asking Price
- 16 Property Tours; 4 Offers
- 2,000 SF Floor Plates
- Located Less than a Mile from the Western & Damen Blue Line CTA Stations
- Average Daily Traffic Count is 21,000 Cars Along Armitage Ave and 22,100 Along Damen Ave