5546 S Archer Avenue
Chicago, IL, 60638
$400,000
Beds
0 Baths
3,172 SqFt
0 Acres
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$400,000
5546 S Archer Avenue
Chicago, IL, 60638
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Exceptional Commercial property in a prime location on busy Archer Ave in Garfield Ridge with maximum exposure. Rarely available, the property offers 3264 sq. ft. commercial building with 3 separate store fronts on (48 x 125 sq. ft. lot with 14 to 18 space parking lot.. It is well situated on Archer Ave. with a high traffic count (32,000+VPD). Great visibility, big signage to street for added advertisement. Surrounded by thriving businesses. Zoned B3, which offers a multitude of uses. Property has been very well maintained, consisting of a kitchen, dining area with ample seating, walk-in-cooler, 4 restrooms, storage and, 3 separate furnaces / A/C units. HWT 2016. Just a few blocks from Cicero / Archer Intersection, easy access to I’55, 4 blocks to Midway airport. Strong area demographics. Numerous area national tenants including Aldi, Walgreens, Jewel-Osco, Portillo’s Beggar’s Pizza. Lots of potential to own and operate your business or collect rent for added income. Owner is willing to offer up to $16,000 roof repair credit. Property being sold “AS-IS”

Property Details

Price:
$400,000
MLS #:
MRD11940405
Status:
Active
Beds:
0
Baths:
0
Address:
5546 S Archer Avenue
Type:
Commercial
Subtype:
Neighborhood Storefront
City:
Chicago
Listed Date:
Dec 1, 2023
State:
IL
Finished Sq Ft:
3,172
ZIP:
60638
Year Built:
1940

Schools

Interior

Cooling
Central Air
Flooring
Tile

Exterior

Construction Materials
Brick
Roof
Membrane, Reflective Coating

Financial

Buyer Agent Compensation
AS A PERCENTAGE OF THE NET SALE PRICE. THE NET SALE PRICE IS THE GROSS SALE PRICE MINUS AMOUNTS TO BE CREDITED OR PAID TO THE BUYER, AS REFLECTED IN THE INITIAL SALES CONTRACT.Net Sale Price
Net Operating Income
$33,561
Tax Year
2021
Taxes
$10,424
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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5546 S Archer Avenue
Chicago, IL