Chicago, IL 60608 2963 S Archer Avenue

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Presented By: 606 Brokers LLC
  • MLS# 12147978
  • 08/26/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 2,640

Home Details

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!
Presented By: 606 Brokers LLC

General for 2963 S Archer Avenue

Additional Parcels Y/NNo
CityChicago
CoolingWindow Unit(s)
CountyCook
Current UseCommercial, Legal Non Conforming
Days on Market7
Directionsnorth/south on Ashland to Archer, north to property.
ElectricCircuit Breakers, Service - 0 to 100 Amps
Electric Expense135
Fuel Expense300
Gross Income4350
Insurance Expense245
Lease TypeNet
Lot Size Square Feet2710
MLS AreaCHI - Bridgeport
NumberOfUnitsTotal3
PossessionNegotiable
Possible UseCommercial, Multi-Family, Retail
Property SubTypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount5759.13
Tax Year2022
TownshipSouth Chicago
Trash Expense75
Water Sewer Expense75
Year Built1883
ZoningCOMMR

Exterior for 2963 S Archer Avenue

Building Area Total2640
ExteriorAluminum Siding
Foundation DetailsOther
Frontage TypeCity Street
Lot Dimensions25 X 110

Additional Details

Price History

Worth Clark

Price $515,000
MLS#12147978
List Date 08/26/2024
Property Type Commercial
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