4881 S Archer Avenue Chicago, IL ^$ 350,000

4881 S Archer Avenue

^$ 350,000

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4881 S Archer Avenue

Chicago, IL, 60632

^$ 350,000

Studio Baths0.0 Sq 3,800

Monthly Estimate*

^$ 2,326

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4881 S Archer Avenue, Chicago, IL 60632 - Image 10

Studio

Commercial Property for sale in Chicago, IL

for $350,000. This 3,800 square foot building was built in 1957 on a lot size of 0.09.

GREAT OPPORTUNITY! 2 income producing STOREFRONTS in sought after area. Located in Archer Heights, off busy, high traffic Archer Avenue! Zoned C2-1. 15 Parking Spaces in the Rear of the building! Property currently rented as a gym. A MUST SEE!

Commercial Active

Price

^$ 350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,112

Style

Lot Size

0.09

Year Built

1957

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11998601

Features

General

Cooling Central Air

Possession Closing

Year Built 1957

Electric Circuit Breakers

Tenant Pays Air Conditioning Electricity Heat Insurance

Stories 1

Property SubType Other

Tax Year 2022

Gross Income 17400

County Cook

Net Operating Income 0

Operating Expense 0

Property Type Commercial Sale Office/Tech

Status Active

Directions Archer Avenue to storefront 4881 and 4883.

City Chicago

NumberOfUnitsTotal 2

MLS Area CHI - Archer Heights

Lot Size Square Feet 7595

Street Name Archer

Tax Annual Amount 5112.8

Additional Parcels Y/N Y

Leasable Area 0

Days on Market 67

Standard Status Active

Exterior

Building Area Total 3800

Lot Dimensions 50X125

Lot Size Acres 0.09

Interior

Street Suffix Avenue

* Excluded Features

List By

First Midwest Realty Llc

Broker

Richard.Harnik@teamelite.realestate;richard.harnik@teamelite.realestate

Affordability Calculator

$2,752

Per Month

Monthly Principal & Interest: $2,326
Monthly Property Taxes: $426
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$848,429

Percent of Sale Price 142%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/11/2024	$350,000		Listed Price

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4881 S Archer Avenue, Chicago, IL, 60632 is a Commercial Property for sale at $350,000 with 3,800 sqft and a lot size of 0.09. 4881 S Archer Avenue is a studio with 0.0 baths and was built in 1957. The property's zip code is 60632 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.

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Data is updated as of 6/9/2024.

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4881 S Archer Avenue

Commercial Property for sale in Chicago, IL

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