Chicago, IL 60608 3115 S Archer Avenue

3115 S Archer Avenue Chicago, IL - Image 13115 S Archer Avenue Chicago, IL - Image 2
Presented By: Pearson Realty Group
  • MLS# 12039763
  • 04/25/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 4,800

Home Details

3 parcels at the SW corner of Ashland Ave and Archer Ave. The MLS ID's for the other 2 properties are #12039726 and #12039782. These 3 properties can be purchased individually, or all together as a package at a discounted price. This is a high traffic location with 26,500 VPD on Ashland and 23,400 VPD on Archer. Directly east across Ashland Ave is a Mariano's Anchored Retail Shopping Center. Commercial neighbors of this property include JC Licht/Ace Hardware, H&R Block, Subway, Burger King, O'Reilly Auto Parts, White Castle, Dollar Tree, T Mobile, Popeyes, Sherwin Williams, GNC, Great Clips, and Mattress Firm. This is the middle building of 3 located on the SW corner of Ashland and Archer. This is a 2 story building with a full basement. Each floor is approximately 1600 s.f. The first floor is occupied by a long time bar and music venue named One City Tap. The second floor is split up into 7 bedrooms, with 2 bathrooms and one kitchen. This 2nd floor area is licensed as an SRO, and any sale must follow the rules and regulations governing the transfer of an SRO property (click on link in Broker's Private Remarks). 3115 S. Archer Ave is being offered for sale individually for $450,000. This property is not being offered for lease. This property is being sold "as-is, where-is".
Presented By: Pearson Realty Group

General for 3115 S Archer Avenue

Additional Parcels Y/NNo
CityChicago
ContingencyAttorney/Inspection
CoolingCentral Air
CountyCook
Days on Market23
DirectionsNorth or South on Ashland Ave to Archer Ave. Archer Ave is a diagonal street running SW to NE, so Archer Ave SW or NE to Ashland Ave. This property is the middle property at the SW corner of Ashland
ElectricCircuit Breakers
Electric Expense
Fuel Expense
Gross Income72000
Insurance Expense
Lot Size Square Feet2045
MLS AreaCHI - McKinley Park
NumberOfUnitsTotal8
Property SubTypeApts/Stores
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive Under Contract
StatusContingent
Stories2
Tax Annual Amount3553
Tax Year2021
Tenant PaysAir Conditioning, Electricity, Heat, Janitorial Service
Total Actual Rent0
Trash Expense0
Water Sewer Expense0
Year Built1877
ZoningCOMMR

Exterior for 3115 S Archer Avenue

Building Area Total4800
Lot Dimensions50.4X40X81.8X25

Additional Details

Price History

Worth Clark

Price $450,000
MLS#12039763
List Date 04/25/2024
Property Type Contingent
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