Address
5213 - 5215 S Archer Avenue, Chicago, IL
Price
$ 1,295,000
Property Attributes
- MLS#12018172
- TypeContingent
- CountyCOOK
- CityChicago
- AreaCHI - Archer Heights
- NeighborhoodArcher Heights
- Zip60632
- StyleCommercial
- Year Built1972
- Taxes$ 14263
- Price$ 1,295,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage7200
- Lot Size6,250 SqFt
Data Source:
Midwest Real Estate Data (MRED)
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.
| Price History | |
|---|---|
| 4/1/2024 | Listed $1,295,000 |
General Features
| Cooling | Window Unit(s) |
|---|---|
| Utilities | Electric to Site,Gas to Site,Sanitary Sewer,Water-Municipal |
| Possession | Closing |
| Zoning | COMMR |
| Construction Materials | Brick |
| Year Built | 1972 |
| Electric | Circuit Breakers |
| Tenant Pays | Electricity,Varies by Tenant |
| Stories | 3 |
| Property SubType | Apts/Ofc/Store,Apts/Ofc |
| Tax Year | 2022 |
| Current Use | Commercial |
| Gross Income | 10625 |
| County | Cook |
| Operating Expense | 24563 |
| Insurance Expense | 4000 |
| Property Type | Commercial Sale |
| Contingency | Financing |
| Possible Use | Office and Research,Multi-Family,Retail |
| Status | Contingent |
| Directions | Northeast or southwest on Archer to address. |
| City | Chicago |
| Total Units | 12 |
| MLS Area | CHI - Archer Heights |
| Lot Size Square Feet | 6250 |
| Street Name | Archer |
| Tax Annual Amount | 14263 |
| Trash Expense | 2000 |
| Water Sewer Expense | 3000 |
| Additional Parcels Y/N | Yes |
| Days on Market | 38 |
| Standard Status | Active Under Contract |
| Property Type | Mixed Use |
Interior Features
| Street Suffix | Avenue |
|---|
Exterior Features
| Foundation Details | Concrete Perimeter |
|---|---|
| Building Area Total | 7200 |
| 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 Contingent Average in 60632
Price
Taxes
Visits
Year Built
