4785 S Archer Avenue
Chicago, IL 60632

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Description

Great opportunity Mixed use property Zoned C2-1, Currently a long serving neighborhood bar with 3 apartments, 2 car brick garage, 2-3 car additional parking spaces in rear of property!! Each unit has individual central air and heat !! 2 units top floor are 3 bedroom units! First floor has 2 bedroom unit and fully equip Bar, with kitchen !!! All trade fixtures to stay!!! Turn key operation !! Corporation included in sale !! High traffic Area 26000 avg daily traffic count north !! fast appreciating area, New construction nearby, rehabbing in the area !! Public transportation on the corner, minutes to Orange line!! Property has 2 addresses 4785 and 4787 S Archer Ave !!!

Features

• Property Type: Commercial
• Sub Type: Mixed Use
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60632
• Year Built: 1901
• Sq.Ft.: 3,840 sq ft
• Stories: 2
• Units: 4 units
• Zoning: COMMR
• # Of Apts: 3
• # Of Dishwashers: 1
• # Of Dryers: 1
• # Of Ranges: 3
• # Of Refrigs: 3
• # Of Stores: 1
• # Of Tenants: 2
• # Of Washers: 1
• Approximate Age: Older
• Building Area Total: 3840
• Built Before 1978 (Y/N): Yes
• Cooling: Central Air
• Directions: Just south of Lawndale on Archer Ave Southside of the street
• Electric: Circuit Breakers
• Electric Expense Source: Owner Projection
• Fire Protection: Fire Extinguisher/s
• Fuel Expense Source: Owner Projection
• Geographic Locale: Chicago Southwest
• Gross Income: 2600
• Gross Rent Multiplier: 23.2
• Gross Scheduled Income: 31200
• Heat/Ventilation: Forced Air, Gas
• Indoor Parking: 1-5 Spaces
• Information: 24-Hr Notice Required
• Insurance Expense: 9200
• Insurance Expense Source: Owner Projection
• Location: Mixed Use Area, Public Transport Avail, In City Limits, High Traffic Area
• Lot Size Square Feet: 5849
• Main Type: Commercial Sale
• Misc Inside: Multi-Tenant, Laundry Room
• Other Expense Source: Owner Projection
• Outdoor Parking: 1-5 Spaces
• Property Sub Type: Mixed Use
• Tax Annual Amount: 8197.03
• Tax Year: 2024
• Tenant Pays: Air Conditioning, Electricity, Heat, Varies by Tenant
• Total Monthly Income: 2600
• Township: Lake
• Trash Expense Source: Owner Projection
• Water Expense Source: Owner Projection
• Water Sewer Expense: 400