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2963 S Archer Avenue

Chicago, IL 60608
  • $515,000
  • STATUS: Active
  • ON SITE: 13 Days
  • MLS #: 12147978
UPDATED: 16 min ago
$515,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1883
County:
Area:

School Ratings & Info

Description

Great property with cash flow! **GOOD CAP RATE ** You have a large storefront, an active AIRBNB unit and an apartment upstairs all in one! Located in a High traffic area. Good income producing mixed use property in Bridgeport. Owner has taken good care of the building. You can do a lot here! The open space on the ground level can be used as office space, Real Estate office, medical office, dental, pop up business, etc. Features a nice size conference room, private office, full kitchen & full bathroom. The 2nd floor is a legal 2 bedroom/1 bathroom apartment, rented by long term tenant. The garden unit is an AIR BNB apartment that is a consistent money maker. Great income and room to grow. There are 3 parking spots in the rear. Great location. Great building. Well maintained. Located near the highway & public transportation. New construction in the works all around. Seller is highly motivated!

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2024-09-09T15:07:39.247 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2963 S Archer Avenue Chicago, IL 60608

  • Price: $515,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 16 min ago
  • MLS #: 12147978
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1883
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Great property with cash flow! **GOOD CAP RATE ** You have a large storefront, an active AIRBNB unit and an apartment upstairs all in one! Located in a High traffic area. Good income producing mixed use property in Bridgeport. Owner has taken good care of the building. You can do a lot here! The open space on the ground level can be used as office space, Real Estate office, medical office, dental, pop up business, etc. Features a nice size conference room, private office, full kitchen & full bathroom. The 2nd floor is a legal 2 bedroom/1 bathroom apartment, rented by long term tenant. The garden unit is an AIR BNB apartment that is a consistent money maker. Great income and room to grow. There are 3 parking spots in the rear. Great location. Great building. Well maintained. Located near the highway & public transportation. New construction in the works all around. Seller is highly motivated!
Exterior Features

Exterior Building Type Aluminum Siding Foundation Details Other Frontage Type City Street Outdoor Parking 1-5 Spaces Roof Structure Other

Interior Features

Cooling Window Unit(s) Heat Ventilation Radiators Miscellaneous Inside Multi-Tenant

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 2640 Built Before1978 YN Yes Current Use CommercialLegal Non Conforming Electric Circuit BreakersService - 0 to 100 Amps Fire Protection None Geographic Locale Chicago SouthChicago Southwest Gross Income 4350 Gross Scheduled Income 52200 Insurance Expense 245 Mls Actual Status Active Number Of Tenants 2 Possible Use CommercialMulti-FamilyRetail Property Sub Type Mixed Use Rental Price 18.75 Tax Annual Amount 5759.13 Tax Year 2022 Total Monthly Income 4350 Township South Chicago Type Mixed Use Zoning COMMR

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of 606 Brokers LLC: 773-417-7944.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2024-09-09T15:07:39.247 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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