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5213 - 5215 S Archer Avenue

Chicago, IL 60632
  • $1,295,000
  • STATUS: Active Under Contract
  • ON SITE: 19 Days
  • MLS #: 12018172
Under Contract
$1,295,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1972
County:

School Ratings & Info

Description

Amazing location and incredible visibility right on ARCHER AVE in an excellent business corridor. An opportunity doesn't come by like this too often for an owner or investor. 12-UNIT BUILDING - Zoned B-3: General Commercial/ 2 storefronts on the first floor and (10 apartment units) residential on the second/third floor. In addition to commercial uses, a range of personal service establishments and business service uses, office uses, Retail establishments, General office or Government Offices, Business Services, Personal Service establishments, and more available uses are possible. The building features newer windows (less than 5 years old), a newer roof, and newer doors. THINK OUTSIDE OF THE BOX--ENDLESS OPPORTUNITIES! COME AND SEE! This is your chance! This mixed-use building is ready for a savvy investor to turn it into a real money maker! Please do not disturb tenants.

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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 2024-04-20T19:32:36.197 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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5213 - 5215 S Archer Avenue Chicago, IL 60632

  • Price: $1,295,000
  • Status: Active Under Contract
  • On Site: 19 Days
  • MLS #: 12018172
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1972
Built
Neighborhood:
Chi - Archer Heights
County:
Cook
Area:
Chi - Archer Heights
Property Description
Amazing location and incredible visibility right on ARCHER AVE in an excellent business corridor. An opportunity doesn't come by like this too often for an owner or investor. 12-UNIT BUILDING - Zoned B-3: General Commercial/ 2 storefronts on the first floor and (10 apartment units) residential on the second/third floor. In addition to commercial uses, a range of personal service establishments and business service uses, office uses, Retail establishments, General office or Government Offices, Business Services, Personal Service establishments, and more available uses are possible. The building features newer windows (less than 5 years old), a newer roof, and newer doors. THINK OUTSIDE OF THE BOX--ENDLESS OPPORTUNITIES! COME AND SEE! This is your chance! This mixed-use building is ready for a savvy investor to turn it into a real money maker! Please do not disturb tenants.
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type City Street Roof Structure Flat

Interior Features

Cooling Window Unit(s) Heat Ventilation Electric Number Of Dryers 2 Number Of Ranges 10 Number Of Washers 2

Property Features

Additional Parcels YN Yes Approximate Age 36-50 Years Building Area Total 7200 Built Before1978 YN Yes Contingency Financing Continue To Show No - has seller written direction Current Use Commercial Electric Circuit Breakers Fire Protection Fire Extinguisher/s Geographic Locale Chicago Southwest Gross Income 10625 Gross Scheduled Income 127500 Insurance Expense 4000 Location Mixed Use AreaHigh Traffic Area Mls Actual Status Contingent Operating Expense 24563 Ownership Types Individual Possible Use Office and ResearchMulti-FamilyRetail Rental Price 0 Tax Annual Amount 14263 Tax Year 2022 Tenant Pays ElectricityVaries by Tenant Total Monthly Income 10625 Type Mixed Use Utilities Electric to SiteGas to SiteSanitary SewerWater-Municipal Zoning COMMR

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of RE/MAX 10: 708-857-1500.


© 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 2024-04-20T19:32:36.197 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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4112C Fieldstone Road
Champaign IL, 61822