Essex Realty Group, Inc. is pleased to announce the sale of 4224 West Armitage Avenue, an 8-unit mixed-use property located in Chicago’s fast growing and popular Hermosa neighborhood. The building was substantially renovated in 2007 and is comprised of 7 spacious 1 & 2 bedroom apartments, along with one ground level retail space, a bonus office space, and a garage. The large 1 & 2 bedroom apartments were all renovated in 2007 with new kitchens, bathrooms, individual furnaces, new flooring and feature separate living & dining rooms. During the 2007 renovation all buildings systems were updated including new plumbing, electric, heat, tuckpointing, windows & roof. The 1,200 SF corner retail space features amazing frontage along both Armitage and Tripp Avenues has been leased to an accounting office for approximately 20 years.
Neighborhood life in Hermosa is anchored by Hermosa Park on North Kilbourn Avenue near the northern edge of the community. Residents frequent the tennis courts, jogging paths, walking trails, and the park’s fieldhouse which hosts various recreational activities. The majority of Hermosa’s population reside along quiet, tree-lined streets that primarily consist of single-family homes. Hermosa’s housing market also extends to the busier main streets where vintage lofts and apartments are situated above commercial businesses.
The property is located on the northwest corner of Armitage Avenue and Tripp Avenue in the heart of Chicago’s Hermosa neighborhood. 4224 W Armitage is also conveniently located less than one mile from the Healy and Grand/Cicero Avenue Metra Rail Stations, the 606 Trail, and in close proximity to numerous bus stops.
- Full Renovation Completed in 2007
- Copper Plumbing, Updated Electric Service and Breaker Boxes
- Separate Furnace in Each Apartment
- Kitchens, Bath, Tuckpointing & Windows Completed in 2007
- Large 1 & 2 Bedroom Apartments with Separate Living & Dining Rooms
- Long Term Retail Tenant
- Bonus 700 SF First Floor Space Behind Commercial Space with Large Ceilings, Windows and Heat