$515,000
2963 S Archer Avenue Chicago, IL 60608
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$515,000
Est. payment /mo
2,640 SqFt
UPDATED:
09/01/2024 05:07 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,640 sqft
Price per Sqft $195
MLS Listing ID 12147978
Year Built 1883
Annual Tax Amount $5,759
Tax Year 2022
Lot Dimensions 25 X 110
Property Description
Great property with cash flow! **GOOD CAP RATE ** You have a large storefront, an active AIRBNB unit and an apartment upstairs all in one! Located in a High traffic area. Good income producing mixed use property in Bridgeport. Owner has taken good care of the building. You can do a lot here! The open space on the ground level can be used as office space, Real Estate office, medical office, dental, pop up business, etc. Features a nice size conference room, private office, full kitchen & full bathroom. The 2nd floor is a legal 2 bedroom/1 bathroom apartment, rented by long term tenant. The garden unit is an AIR BNB apartment that is a consistent money maker. Great income and room to grow. There are 3 parking spots in the rear. Great location. Great building. Well maintained. Located near the highway & public transportation. New construction in the works all around. Seller is highly motivated!
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
View Y/N true
Building
Foundation Other
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Antonio Sarmiento • 606 Brokers LLC
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Greg Cirone
Managing Broker | License ID: 471003959
Managing Broker License ID: 471003959