2963 S Archer Avenue Active

Chicago,IL 60608

$ 515000

- Bed

- Bath

2640 SqFt


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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