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4854 West Armitage AvenueChicago, IL 60639Price: $799,000

  • Price: $799,000
  • 5 Days on Market
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Federal 30-year interest rate: 6.48% last updated on Jun 4, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $799,000List Price
  • 1930Year Built

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This secured, six-unit asset features individual tenant-paid utilities, separate furnaces and hot water tanks, an integrated camera security and master lock system, and on-site coin-operated laundry. Located at 4854 W Armitage Ave in Chicago's Belmont Cragin neighborhood, this circa-1930, three-story multifamily building spans approximately 5,676 square feet of interior space configured into high-demand two-bedroom, one-bathroom layouts. Investing in 4854 West Armitage Avenue provides a strategic entry into a resilient submarket where demand for mid-sized multifamily assets remains robust, offering a classic Chicago-style architecture play with immediate value-add upside. The highly walkable location boasts a Walk Score of 82, immediate proximity to the CTA #73 Armitage bus (connecting to the Western Blue Line), steps to the Armitage and Cicero stop, a rapid downtown commute via the nearby Healy Metra Station, and close proximity to the 38-acre Hanson Park complex to anchor long-term tenant retention.

Property Details of 4854 West Armitage Avenue

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Listed by Stephen Rachman of Marcus & Millichap Chicago Apartment Brokers

Based on information submitted to MRED  as of June 6, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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