new - 1 day on rocket

501 W Armitage Ave Unit 1A, Chicago, IL, 60614

$425,000

Home List Price

$5,047*

Closing Credit

2 Bedrooms
1 Full Bath
1,093 SqFt
$389/SqFt
Condo

Location

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501 W Armitage Ave Unit 1A, Chicago$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
HeatingNatural Gas, Forced Air
CoolingCentral Air
MLS #12169332
StatusActive
(New)

About 501 W Armitage Ave Unit 1A

The last time this home was for sale, Nirvana, 2Pac, and Michael Jackson were selling out stadiums, and Michael Jordan had just won his first championship. At the intersection of Lincoln Park's historic charm and a bright future lies a residence so rare, your realtor is double-checking its origins. Was this once a butcher shop or a candy store that inspired these stunning 11-foot beamed ceilings? This street-level corner unit offers easy access with no stairs to climb and seamless transit options, including the Armitage 73 bus right outside your door and the Brown Line just to the west. Begin your mornings with a walk among some of Chicago's most impressive estates or take a quick trip to the lakefront. Step out and find yourself in the heart of a neighborhood full of chic boutiques, artisanal shops, and a culinary scene that hosting Armitage Ale House, Summer House Santa Monica, Cafe Ba-Ba-Reeba, Alinea, and many more. We'd list them all, but there simply isn't enough room! When it's time to relax, you can unwind at River Shannon, let a vintage breath at J9 Wine Bar, or enjoy a cocktail at Marquee Lounge. Step inside and, after marveling at the lofty 11" ceilings, notice the charming built-ins that maintain a neat and elegant feel over the classic parquet floors. The open kitchen features a butler's pantry, and a half flight of stairs leads to two generously sized bedrooms and a well-designed bathroom. Wondering about laundry? The building provides laundry facilities just steps away, but if you prefer an in-unit setup, the plumbing access below makes it easy to install without altering the flow of the home. Parking? No problem. Thanks to the surrounding multimillion-dollar homes with garages, street parking is abundant, making coming and going hassle-free. Plus, there's a storage unit so large it could easily double as a New York City apartment. As for the next time this comes on the market? Well, Walt Disney and the King of Pop might be thawed out by then, and A.I. will have solved all our problems. WalkScore 92 | TransitScore 79 | BikeScore 90 | 14-minute Lyft, 31-minute L ride, or a 22-minute cycle to The Loop | 2 Divvy stations within 0.3 mi or closer | 0.6 mi to the Brown/Purple Line CTA Armitage Stop | The 37/73 bus lines are within 0.2 mi or closer.

Property Details

Property Features

Property Information:

  • Stories: 3
  • Living Area: 1,093 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (312) 319-1168
  • Listing Agent: John Grafft

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: No
  • Interior: Hardwood Floors, Storage, Built-in Features, Beamed Ceilings, Pantry

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Patio

Virtual/3D Tour

  • Virtual Tour: 501 W Armitage Ave Unit 1A
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Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lincoln Park High School, Public District Grades 9-12
  • Lincoln Elementary School, Public District Grades KG-8

Other

Directions Information:

  • Directions: Southwest corner of Armitage and Cleveland

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $389/SqFt

HOA Fees:

  • Amount: $421
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

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Chicago, IL

City

Med. Sold Price

$358.8K

Med. Price/SqFt

$259

Avg. Days On Market

30

# of Sold Homes

1710

501 W Armitage Ave Unit 1A vs Chicago

1 DAY ON ROCKET

-29 Days

$425,000

+$66.1K More

$389/SqFt

+$130 More

KEY TAKEAWAY

This property is $66.1K more than the Median Sold Price and $130/SqFt more than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12169332

Listing Office:

  • Office Name: Compass
  • Office Phone: (312) 319-1168
  • Listing Agent: John Grafft

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/1/2024, 10:15:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1091551
8
/10

  • Lincoln Elementary School

  • 615 W Kemper Pl

  • 0.46 miles

  • Public District Grades KG-8

High School

school-card-donut-1091552
9
/10

  • Lincoln Park High School

  • 2001 N Orchard St

  • 0.22 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $162,784. Most Chicago, IL residents have annual incomes $200k+. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 W Armitage Ave Unit 1A

What is the listing price of this property?

The listing price of 501 W Armitage Ave Unit 1A property is $425,000.

What type of property is this?

The property 501 W Armitage Ave Unit 1A is a condo located in Chicago, Illinois, 60614.

Is this property for sale now?

Active Listing: 501 W Armitage Ave Unit 1A is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 501 W Armitage Ave Unit 1A are:
Lincoln Elementary School: GreatSchools Rating 8/10
Lincoln Park High School: GreatSchools Rating 9/10

How many bedrooms and bathrooms does this property have?

The property at 501 W Armitage Ave Unit 1A has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 501 W Armitage Ave Unit 1A is 1,093 SqFt (source: MLS/tax record).

Rocket Homes›Illinois›Cook County›Chicago›60614›501 W Armitage Ave Unit 1A

This home is located at 501 W Armitage Ave Unit 1A in Chicago, IL and zip code 60614 in the Old Town neighborhood. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $425,000.

While more than 575 listings in Chicago, IL in September 2024 were sold above asking price, there were more than 308 listings sold at asking price, and more than 826 were sold below. The number of listings in Chicago, IL increased by 12.6% between August 2024 and September 2024. While the average time on the market in September 2024 was 30 days, the median list price was $358,841.

From Rocket Homes Real Estate and based on county public records data.

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