2963 S Archer Avenue
Chicago, IL 60608

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Description

Welcome to your new investment! This building is a long time money maker in the booming area of Bridgeport. This mixed use property has 2 apartments and a large commercial office space that can be used for almost anything. So much potential here with several updates already in hand, NEW Roof, NEW electrical, NEW flood control system, etc. You will have a large storefront/Offices/apartment on the main level, an active producing AIRBNB 2 bedroom unit in the garden level and a 2 bedroom 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. 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. The garden unit is an AIRBNB featuring 2 bedrooms / 1 full bathroom, large kitchen and living room. 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. 5 minutes away from Pilsen! Instant equity! Certified mixed use 2 apartments with the City of Chicago.

Features

• Property Type: Commercial
• Sub Type: Mixed Use
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60608
• Year Built: 1883
• Sq.Ft.: 2,640 sq ft
• Stories: 2
• Units: 3 units
• Zoning: MULTI
• # Of Apts: 2
• # Of Offices: 1
• # Of Tenants: 1
• # Of Window/Ac: 1
• Approximate Age: Older
• Building Area Total: 2640
• Built Before 1978 (Y/N): Yes
• Construction Materials: Aluminum Siding
• Cooling: Window Unit(s)
• Directions: north/south on Ashland to Archer, north to property.
• Electric: Circuit Breakers, Service - 0 to 100 Amps
• Electric Expense: 135
• Electric Expense Source: Actual
• Fuel Expense: 300
• Fuel Expense Source: Actual
• Geographic Locale: Chicago South, Chicago Southwest
• Heat/Ventilation: Radiators
• Information: 24-Hr Notice Required
• Insurance Expense: 245
• Insurance Expense Source: Actual
• Lot Size Square Feet: 2710
• Main Type: Commercial Sale
• Misc Inside: Multi-Tenant
• Office SqFt: 1100
• Outdoor Parking: 1-5 Spaces
• Property Sub Type: Mixed Use
• Tax Annual Amount: 5907.7
• Tax Year: 2023
• Tenant Pays: Electricity
• Township: South Chicago
• Trash Expense: 75
• Trash Expense Source: Actual
• Water Expense Source: Actual
• Water Sewer Expense: 75