5213 S Archer Avenue
Chicago, IL, 60632
$1,295,000
Beds
0 Baths
7,200 SqFt
0 Acres
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$1,295,000
5213 S Archer Avenue
Chicago, IL, 60632
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Amazing location and incredible visibility right on ARCHER AVE in an excellent business corridor. An opportunity doesn’t come by like this too often for an owner or investor. 12-UNIT BUILDING – Zoned B-3: General Commercial/ 2 storefronts on the first floor and (10 apartment units) residential on the second/third floor. In addition to commercial uses, a range of personal service establishments and business service uses, office uses, Retail establishments, General office or Government Offices, Business Services, Personal Service establishments, and more available uses are possible. The building features newer windows (less than 5 years old), a newer roof, and newer doors. THINK OUTSIDE OF THE BOX–ENDLESS OPPORTUNITIES! COME AND SEE! This is your chance! This mixed-use building is ready for a savvy investor to turn it into a real money maker! Please do not disturb tenants.

Property Details

Price:
$1,295,000
MLS #:
MRD12018174
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
5213 S Archer Avenue
Type:
Commercial
City:
Chicago
Listed Date:
Apr 1, 2024
State:
IL
Finished Sq Ft:
7,200
ZIP:
60632
Year Built:
1972

Schools

Interior

Cooling
Window Unit(s)

Exterior

Construction Materials
Brick

Financial

Buyer Agent Compensation
AS A PERCENTAGE OF THE NET SALE PRICE. THE NET SALE PRICE IS THE GROSS SALE PRICE MINUS AMOUNTS TO BNet Sale Price
Net Operating Income
$102,937
Tax Year
2022
Taxes
$14,263
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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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5213 S Archer Avenue
Chicago, IL