Chicago, IL 60638 6656-6658 W Archer Avenue

6656-6658 W Archer Avenue Chicago, IL - Image 16656-6658 W Archer Avenue Chicago, IL - Image 26656-6658 W Archer Avenue Chicago, IL - Image 3
0 more
6656-6658 W Archer Avenue Chicago, IL - Image 4
Presented By: Chicagoland Brokers, Inc
  • MLS# 12058964
  • 05/17/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 3,200

Home Details

Attention investors! Great investment property to add to your portfolio. Commercial building located on a corner that has two store fronts that are both occupied with great tenants and businesses. Located on busy Archer Ave. with lots of traffic and business all around. 1st store front is 1400 square feet and is currently a tattoo shop and the 2nd store front is 1800 square feet and is currently Edible Arrangements. Building also comes with the largest signage on Archer Ave. There are 2 parking spaces behind the building and 12 slanted City parking spaces on side of building along with additional city parking on west side of street. Both tenants have 5-year leases and are currently in their 3rd year of lease. Tenants also have optional to renew for another 5-year lease when current leases expire. Each store front has separate utilities which tenants are responsible for paying. Owners pay water bill, insurance and taxes. The building is for sale only not the businesses. Please do not approach or disturb the tenants.
Presented By: Chicagoland Brokers, Inc

Interior Features for 6656-6658 W Archer Avenue

Other Interior Features

Street SuffixAvenue

General for 6656-6658 W Archer Avenue

Additional Parcels Y/NYes
CityChicago
Construction MaterialsBrick
CoolingCentral Air
CountyCook
Current UseCommercial
Days on Market115
DirectionsArcher Ave. West or East to 6656-6658 W. Archer Ave.
ElectricCircuit Breakers, Separate Meters
Gross Income3770
Insurance Expense3191
Leasable Area
Lot Size Square Feet4186
MLS AreaCHI - Garfield Ridge
Net Operating Income25497
NumberOfUnitsTotal2
Operating Expense19743
PossessionTenant's Rights
Property SubTypeNeighborhood Storefront
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount16042
Tax Year2022
Tenant PaysAir Conditioning, Common Area Maintenance, Electricity, Heat
TownshipLake
UtilitiesElectric to Site, Gas to Site, Sanitary Sewer, Water to Site
Water Sewer Expense510
Year Built1984
ZoningCOMMR

Exterior for 6656-6658 W Archer Avenue

Building Area Total3200
ExteriorBrick
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street, Alley Access
Lot Dimensions33.50X125

Additional Details

Price History

Worth Clark

Price $499,000
MLS#12058964
List Date 05/17/2024
Property Type Commercial
Phone
Get pre-approved
Request Tour
Request Info
Visit My Website

Similar Properties to 6656-6658 W Archer Avenue