6340 S Archer Avenue
Chicago, IL, 60638
$579,950
6 Beds
5 Baths
0 SqFt
0 Acres
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$579,950
6340 S Archer Avenue
Chicago, IL, 60638
MLS #MRD12483647 image #0
Rare opportunity to own a fully occupied, all-brick mixed use 3-unit building in the highly desirable Garfield Ridge neighborhood of Chicago. This well-maintained property features two spacious residential units on the 1st and 2nd floors, each offering 3 bedrooms, 1.5 baths, hardwood flooring, granite countertops, and updated finishes throughout. The ground level includes a commercial space currently operating as a salon with a full bath and attached office/kitchen, providing excellent income potential. Additional highlights include a coin-operated laundry, a private backyard with great condition concrete patio and walkways, a detached 2-car garage, and plenty of storage or space for grilling. Recent updates include a new roof, gutters, and soffits (2021), sump pump (2024), hot water boilers (2015), newer water heaters, radiant heat added in the ground unit (2022), and upgraded vinyl windows throughout. With reliable tenants, timely rent payments, and a prime location across from Bank of America, next to the Chicago Public Library, and within the sought-after Byrne and Kennedy School Districts, this property offers strong long-term value. Convenient CTA access and nearby shopping and dining make this an investment you won’t want to miss…Selling “as is”. Showing’s by appointment only – Contact Listing Agent… Commercial Financing Only or Cash to purchase. Mixed Use Building… FHA/VA or Traditional Financing not applicable.

Property Details

Price:
$579,950
MLS #:
MRD12483647
Status:
Active
Beds:
6
Baths:
5
Type:
Multi Family
Neighborhood:
chigarfieldridge
Listed Date:
Oct 2, 2025
Year Built:
1977
Chi – Garfield RidgeChigarfieldridgeByrne Elementary SchoolKennedy High School

Schools

School District:
299
Elementary School:
Byrne Elementary School
High School:
Kennedy High School

Interior

Heating
Natural Gas, Radiant, Heat Pump

Exterior

Community Features
Sidewalks, Street Lights
Construction Materials
Brick
Parking Features
Garage Door Opener, On Site, Garage Owned, Detached, Off Street, Alley Access, Oversized, Owned, Garage
Parking Spots
3
Roof
Asphalt

Financial

Tax Year
2023
Taxes
$6,330
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Oct 06, 2025
1,487
Multi Family Listed
80
Avg DOM
$501,238
Avg List Price

Community

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Property Summary

    6340 S Archer Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60638. It is listed for $579,950 To schedule a showing of MLS#mrd12483647 at 6340 S Archer Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
6340 S Archer Avenue
Chicago, IL