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3115 S Archer Avenue

Chicago, IL 60608
  • $450,000
  • STATUS: Active Under Contract
  • ON SITE: 221 Days
  • MLS #: 12039763
Under Contract
UPDATED: 73 min ago
$450,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1877
County:
Area:

School Ratings & Info

Description

3 parcels at the SW corner of Ashland Ave and Archer Ave. The MLS ID's for the other 2 properties are #12039726 and #12039782. These 3 properties can be purchased individually, or all together as a package at a discounted price. This is a high traffic location with 26,500 VPD on Ashland and 23,400 VPD on Archer. Directly east across Ashland Ave is a Mariano's Anchored Retail Shopping Center. Commercial neighbors of this property include JC Licht/Ace Hardware, H&R Block, Subway, Burger King, O'Reilly Auto Parts, White Castle, Dollar Tree, T Mobile, Popeyes, Sherwin Williams, GNC, Great Clips, and Mattress Firm. This is the middle building of 3 located on the SW corner of Ashland and Archer. This is a 2 story building with a full basement. Each floor is approximately 1600 s.f. The first floor is occupied by a long time bar and music venue named One City Tap. The second floor is split up into 7 bedrooms, with 2 bathrooms and one kitchen. This 2nd floor area is licensed as an SRO, and any sale must follow the rules and regulations governing the transfer of an SRO property (click on link in Broker's Private Remarks). 3115 S. Archer Ave is being offered for sale individually for $450,000. This property is not being offered for lease. This property is being sold "as-is, where-is".

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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 Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-04T13:06:50.97 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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3115 S Archer Avenue Chicago, IL 60608

  • Price: $450,000
  • Status: Active Under Contract
  • On Site: 221 Days
  • Updated: 73 min ago
  • MLS #: 12039763
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1877
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
3 parcels at the SW corner of Ashland Ave and Archer Ave. The MLS ID's for the other 2 properties are #12039726 and #12039782. These 3 properties can be purchased individually, or all together as a package at a discounted price. This is a high traffic location with 26,500 VPD on Ashland and 23,400 VPD on Archer. Directly east across Ashland Ave is a Mariano's Anchored Retail Shopping Center. Commercial neighbors of this property include JC Licht/Ace Hardware, H&R Block, Subway, Burger King, O'Reilly Auto Parts, White Castle, Dollar Tree, T Mobile, Popeyes, Sherwin Williams, GNC, Great Clips, and Mattress Firm. This is the middle building of 3 located on the SW corner of Ashland and Archer. This is a 2 story building with a full basement. Each floor is approximately 1600 s.f. The first floor is occupied by a long time bar and music venue named One City Tap. The second floor is split up into 7 bedrooms, with 2 bathrooms and one kitchen. This 2nd floor area is licensed as an SRO, and any sale must follow the rules and regulations governing the transfer of an SRO property (click on link in Broker's Private Remarks). 3115 S. Archer Ave is being offered for sale individually for $450,000. This property is not being offered for lease. This property is being sold "as-is, where-is".
Interior Features

Cooling Central Air Heat Ventilation Forced Air

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 4800 Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show No - has seller written direction Electric Circuit Breakers Fire Protection Fire Extinguisher/sSmoke or Fire Protectors Geographic Locale Chicago South Gross Income 72000 Gross Scheduled Income 72000 Insurance Expense 0 Mls Actual Status Contingent Number Of Tenants 8 Property Sub Type Apts/Stores Rental Price 0 Tax Annual Amount 3553 Tax Year 2021 Tenant Pays Air ConditioningElectricityHeatJanitorial Service Total Monthly Income 6000 Type Mixed Use Zoning COMMR

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Pearson Realty Group: 773-325-2800.


© 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 Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-04T13:06:50.97 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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