4239 S Archer Avenue
Chicago, IL 60632

Tools & Resources:

Description

Excellent mixed-use investment property located on high-traffic Archer Avenue in Chicago's Archer Heights neighborhood. The building offers three ground-floor commercial units totaling approximately 5,400 sq ft, with two fully leased and one vacant 1,800 sq ft unit currently for rent at $3,500 per month. This setup provides both steady cash flow and immediate upside through new leasing or owner-occupancy.

Features

• Property Type: Commercial
• Sub Type: Retail/Stores
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60632
• Year Built: 1934
• Sq.Ft.: 5,200 sq ft
• Stories: 1
• Units: 3 units
• Zoning: COMMR
• # Of Tenants: 3
• Building Area Total: 5200
• Construction Materials: Brick
• Cooling: Central Air
• Directions: South Archer Ave. Between Whipple and Sacramento
• Electric: Circuit Breakers
• Extra Storage Spaces Available (Y/N): Yes
• Flooring: Varies
• Gross Income: 81600
• Gross Scheduled Income: 81600
• Heat/Ventilation: Forced Air
• Information: Short Notice OK
• Insurance Expense: 4935
• Insurance Expense Source: Actual
• Leasable Area: 5200
• Leasable Area Units: Square Feet
• Lot Size Square Feet: 6250
• Main Type: Commercial Sale
• Min Avail Sq Ft (Rentable): 5200
• Misc Inside: Private Restroom/s, Storage Inside
• Outdoor Parking: 1-5 Spaces
• Property Offered: For Sale Only
• Tax Annual Amount: 25555
• Tax Year: 2023
• Tenant Pays: Electricity, Heat, Sewer
• Total Monthly Income: 8050