2904 South Archer Avenue
$599,900
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Description
Purchase the building as-is, conduct necessary repairs and renovations, and then rent out all units for steady rental income. With its vintage look and prominent location visible from I-55, it could attract tenants looking for a mix of charm and convenience. Retain the flower shop on the ground level and convert the upper floors (4 units over the shop) into modern, upscale apartments and a full unfinished basement. The building needs TLC and a new roof.Purchase the building as-is, conduct necessary repairs and renovations, and then rent out all units for steady rental income. With its vintage look and prominent location visible from I-55, it could attract tenants looking for a mix of charm and convenience. Retain the flower shop on the ground level and convert the upper floors (4 units over the shop) into modern, upscale apartments and a full unfinished basement. The building needs TLC and a new roof.
- Listed by Rafael Ruiz • Ruiz Realty, Inc.
Property Details for 2904 South Archer Avenue
Area
CHI - Bridgeport
LISTING UPDATED: 08/17/2024 03:34 AM
Property Details for 2904 South Archer Avenue
Status | Active |
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MLS # | 12086820 |
Days on Market | 190 |
Taxes | $9,667 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale |
Year Built | 1881 |
Lot Size | 0.09 AC / 3,984 SF |
County | Cook County |
Building Information for 2904 South Archer Avenue
Stories3Residences5Year Built1881Lot Size0.09 AC / 3,984 SF
Property Information for 2904 South Archer Avenue
Property History for 2904 South Archer Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2904 South Archer Avenue
Taxable ValueLand$15,936Additions$64,064Total$80,000
Tax Record2022$16,455 ($1,371 / month)
Home Facts
Total Finished SqFt13,340 SqFtAbove Grade Finished SqFt13,340 SqFtStories3Lot Size3,984 SqFtStyleMulti-Family Res (5+ Units)Year Built2019CountyCOOKAPN17-29-311-028
Schools near 2904 South Archer Avenue
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Charter - | 9 to 12 | |||
Public - | K to 8 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Holden Elementary School PublicPK to 8 | ||
Ijla Charter High School Charter9 to 12 | ||
Sheridan Elementary Math & Science Academy PublicK to 8 | ||
Namaste Elementary Charter School CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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