41.8491 -87.6709

S Archer Avenue Chicago, IL 60608

306111338 41.8491 -87.6709 129 /listing/306111338-150265607/s-archer-avenue-chicago-il-60608 False 0 700000.0 101 11262624 True
  • $700,000
  • 50X125 lot
  • Est payment $3757.75/mo

Property & Neighborhood Info

Courtesy Of Keller Williams Preferred Realty

Commercial in Chicago

Amazing opportunity for developer or investor in prime McKinley Park location! Partially rehabbed brick & frame corner mixed use building with 5 apartments, approximately 1100 sf storefront with 12-foot ceilings that used to be a bar, 2.5 car brick/block garage & additional side lot. Rear building has been completely remodeled with newer siding & two 2 Bed/1 Bath units with central air, new white kitchens featuring quartz countertops & SS appliances, new laminate flooring & newly remodeled bathrooms. 2nd floor rear unit has access to large roof deck. Both rear units are currently rented with signed leases. Front building contains storefront with two separate bathrooms and a 2 bed/1 bath apartment on the 1st floor. 2nd floor has two 1 Bed/1 Bath apartments. Entire front building is vacant & needs rehab. Neither seller nor broker represent the legality of the 2nd floor front unit. The 2nd floor was divided into two units by a prior owner. 2020 property taxes were $0 due to homeowner, senior and disabled veteran's exemptions. 2020 taxes before exemptions were $8,129. Correct address is 3327-29 S Archer (Front building) and 1857 W 33rd Place (Rear building). Great location with easy access to downtown, I-55, Archer bus stop, CTA Orange line, Target, Starbucks, shopping & restaurants!

Courtesy Of Keller Williams Preferred Realty
  1. 50X125 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1892
  • County: Cook
  • Taxes: $8,129.00
  • Tax Year: 2020
  • Units: 6
  • MLS Number:11262624

Additional Features

  • Approx Age:
    • Older
  • Number Of Units:
    • 5
  • Roof:
    • Fiberglass
    • Reflective Coating
    • Rubber
  • Utilities:
    • Sanitary Sewer
    • Sewer-Storm Available
    • Water to Site
  • Possible Use:
    • Commercial
    • Multi-Family
    • Office and Research
    • Other
    • Retail
  • Gross Income:
    • 35040
  • Monthly Income:
    • 2920
  • Net Operating Income:
    • 0
  • Seller Terms:
    • Cash
  • Board Code:
    • 8
  • Building Area Total:
    • 7644
  • Document Count:
    • 0
  • Electric Exp:
    • 0
  • Fuel Exp:
    • 0
  • Gross Scheduled Income:
    • 34050
  • Insurance Exp:
    • 0
  • Lot Size Square Feet:
    • 6250
  • Number Of Dishwashers:
    • 0
  • Number Of Dryers:
    • 1
  • Number Of Ranges:
    • 2
  • Number Of Refrigerators:
    • 2
  • Number Of Stores:
    • 1
  • Number of Tenants:
    • 2
  • Number Of Washers:
    • 1
  • Operating Expense:
    • 8129
  • Other Exp:
    • 0
  • Parcel Number:
    • 17312200170000
  • Parking Total:
    • 2
  • Possession:
    • Closing
    • Tenant's Rights
  • SQFT Retail:
    • 1100
  • Total Actual Rent:
    • 0
  • Trash Expense:
    • 0
  • Water Sewer Expense:
    • 0
  • Lot Size Dim:
    • 50X125
Neighborhood info courtesy of Homes.com © 2021

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Michael J Frank
Michael J Frank
GRI, Broker
939 West North Avenue Suite 750 Chicago IL 60642
Let us help you!
41.8491 -87.6709

S Archer Avenue Chicago, IL 60608

306111338 41.8491 -87.6709 129 /listing/306111338-150265607/s-archer-avenue-chicago-il-60608 False 0 700000.0 101 11262624 True
  • $700,000
  • 50X125 lot
  • Est payment $3757.75/mo