Address
5211 S Archer Avenue, Chicago, IL
Price
$ 315,000
Property Attributes
  • MLS#11902988
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - Archer Heights
  • Zip60632
  • StyleCommercial
  • Year Built1923
  • Taxes$ 1152
  • Price$ 315,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.07174 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Great opportunity to own a vintage barber shop in the heart of Archer Heights. Possible beauty salon and rent out the apartment in back for possible income of $1300 monthly. The storefront has it's own bath and can be utilized as a Nail spa or ice cream/bakery shop which would do well on busy Archer Ave. Privacy fence around the perimeter of the property. Patio for grilling and spending summer nights relaxing. Being offered with a 2 car garage automatic garage opener and overhead patio garage door which are in high demand for leasing. Free street parking is available on Archer Avenue. The apartment offers 2 bedrooms, 1 full bath and a dining and living room combination. Enclosed porch being used as a 3rd bedroom. There are 2 washers and one dryer for the business or for the use of the apartment. The kitchen gas range, dishwasher, refrigerator and 3 air conditioning window units stay. The basement is semi finished with a shower stall with possible installation of a 2nd bath and lots of storage throughout. The home is built to last with 17" brick exterior walls. Many businesses on this street with high visibility for great return on investment. Being sold "As is". Make an appointment and invest in your future.

Price History
10/11/2023 Listed $325,000
11/27/2023 2% - $320,000
2/6/2024 2% - $315,000

General Features

Cooling Window Unit(s)
Utilities Water-Municipal
Possession Closing
Roof Rubber
Zoning RTAIL
Construction Materials Brick
Year Built 1923
Electric Fuses
Stories 1
Property SubType Apts/Ofc/Store,Apts/Ofc,Apts/Stores,Ofc/Store
Tax Year 2021
Current Use Commercial
County Cook
Insurance Expense 904
Property Type Commercial Sale
Possible Use Retail,Special Use
Status Active
Directions Archer Ave South to 5211
City Chicago
NumberOfUnitsTotal 2
MLS Area CHI - Archer Heights
Lot Size Square Feet 3125
Street Name Archer
Tax Annual Amount 1152.02
Additional Parcels Y/N No
Days on Market 209
Standard Status Active
Property Type Mixed Use
Total Actual Rent 1300

Interior Features

Flooring Other
Street Suffix Avenue

Exterior Features

Foundation Details Block,Concrete Perimeter
Lot Dimensions 25X125
Frontage Type City Street,Public Road
Exterior Aluminum Siding,Brick

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60632

Price
AVG $210K
$320K
Taxes
AVG $8,379
$1,152
Visits
AVG 141
137
Data Provided by Inside Real Estate®
Year Built
AVG 1948
1923
Walkscore
AVG 78
78
Data Provided by Walkscore® not using MLS data

Areas We Cover