Address
6850-2 W Archer Avenue, Chicago, IL
Price
$ 425,000
Property Attributes
  • MLS#11992479
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - Garfield Ridge
  • NeighborhoodGarfield Ridge
  • Zip60638
  • StyleCommercial
  • Year Built1966
  • Taxes$ 12900
  • Price$ 425,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5000
  • Lot Size6,250 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

The property is 2 storefronts 6850 and 6852 W. Archer. The building is taller than average Archer Ave Storefronts. The property is rented to a restaurant and is not included in the sale. The 12' stainless exhaust hood belongs to property. The Tenant is month to month for $3900/month. The roof is a complete tear off and 2 years old.

Price History
2/29/2024 Listed $425,000

General Features

Cooling Central Air,Central Individual
Utilities Cable Available
Possession Closing
Roof Rubber
Zoning COMMR
Construction Materials Brick,Concrete,Block
Year Built 1966
Electric Circuit Breakers,Service - 101 to 200 Amps
Tenant Pays Air Conditioning,Common Area Maintenance,Electricity,Heat,Janitorial Service,Operating Stops
Stories 1
Property SubType Neighborhood Storefront
Tax Year 2022
Current Use Commercial
Gross Income 44400
County Cook
Net Operating Income 29100
Operating Expense 15400
Property Type Commercial Sale
Status Active
Directions Take Archer East or West to 6850 and 6852 W Archer
City Chicago
Total Units 2
MLS Area CHI - Garfield Ridge
Lot Size Square Feet 6250
Street Name Archer
Tax Annual Amount 12900
Additional Parcels Y/N Yes
Days on Market 15
Standard Status Active
Property Type Retail/Stores

Interior Features

Flooring Concrete,Sealed
Street Suffix Avenue

Exterior Features

Foundation Details Concrete Perimeter
Building Area Total 5000
Lot Dimensions 50X125
Frontage Type City Street
Exterior 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 60638

Price
AVG $390K
$430K
Taxes
AVG $10,602
$12,900
Visits
AVG 139
51
Data Provided by Inside Real Estate®
Year Built
AVG 1948
1966

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