935 Armitage, LLC Acquires Mixed-Use Property In Lincoln Park Chicago For $6.6 Million
935 West Armitage Avenue & 937 West Armitage Avenue
$6,600,000
$677/SF
Building Size
9,745 SF
Asset Type
Mixed-use
Closing
Jun 18, 2026
About this deal
AI
A mixed-use property located at 935-937 West Armitage Avenue in Chicago, IL, was sold for $6,600,000. The asset comprises eight residential units along with a retail space currently leased to Wintrust Bank. This property features a total square footage of 9,745, which translates to a price per square foot of $677, with a price per unit of $825,000. The site is situated in a high-demand corridor and is set to undergo both interior and exterior upgrades.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $6,600,000
- Buyer: 935 Armitage, LLC
- Seller: 935 W. Armitage (Chicago), LLC
- Broker: Kyle Stengle - Marcus & Millichap
- Units: 8
- Square Footage: 9,745
- Price Per Square Foot: $677
- Price Per Unit: $825,000
Kyle Stengle represented the seller, 935 W. Armitage (Chicago), LLC, in this transaction conducted by Marcus & Millichap. The buyer, 935 Armitage, LLC, secured the property through this completed sale. The deal highlights the involvement of a professional brokerage in facilitating the transaction within a sought-after market segment.
On the Map
$6,600,000
$677/SF
Mixed-use
View full map
Chaptico Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Visit Kyle Stengle to view all their deals.
Browse Chaptico mixed use sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.40%
Cash-on-Cash
-0.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93