6656-6658 W Archer Avenue Active

Chicago,IL 60638

$ 499000

- Bed

- Bath

3200 SqFt


Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $155

MLS Listing ID 12058964

Year Built 1984

Annual Tax Amount $16,042

Tax Year 2022

Lot Dimensions 33.50X125

Property Description

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.

Location

State IL

County Cook

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

Utilities Available Electric to Site,Gas to Site,Sanitary Sewer,Water to Site

View Y/N true

Building

Foundation Concrete Perimeter

Structure Type Brick

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