2963 South Archer Avenue
$515,000
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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....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!
- Listed by Antonio Sarmiento • 606 Brokers LLC
Property Details for 2963 South Archer Avenue
Area
CHI - Bridgeport
TownshipSouth Chicago
ZoningCOMMR
LISTING UPDATED: 09/01/2024 12:07 AM
Property Details for 2963 South Archer Avenue
Status | Active |
---|---|
MLS # | 12147978 |
Days on Market | 107 |
Taxes | $5,759 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale |
Year Built | 1883 |
Lot Size | 0.06 AC / 2,710 SF |
County | Cook County |
Building Information for 2963 South Archer Avenue
Stories2Residences3Year Built1883Lot Size0.06 AC / 2,710 SF
Property Information for 2963 South Archer Avenue
Property History for 2963 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 2963 South Archer Avenue
Taxable ValueLand$10,840Additions$17,160Total$28,000
Tax Record2022$5,759 ($480 / month)
Home Facts
Baths3.5Total Finished SqFt2,640 SqFtAbove Grade Finished SqFt2,640 SqFtStories2Lot Size2,710 SqFtStyleMulti-Family Res (5+ Units)Year Built1886CountyCOOKAPN17-29-322-015
Schools near 2963 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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