3265 South Archer Avenue

Chicago, IL 60608

$1,450,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This beautifully maintained and thoughtfully updated corner building in Chicago's vibrant McKinley Park neighborhood offers a rare opportunity for investment or ownership. The property comprises two leased retail spaces and six updated apartments, including an expansive duplex loft that serves as an ideal owner's unit. Sunlight fills each unit, enhancing the property's welcoming ambiance and highlighting its high-quality finishes. Situated on a spacious lot, the building includes a two-car garage...This beautifully maintained and thoughtfully updated corner building in Chicago's vibrant McKinley Park neighborhood offers a rare opportunity for investment or ownership. The property comprises two leased retail spaces and six updated apartments, including an expansive duplex loft that serves as an ideal owner's unit. Sunlight fills each unit, enhancing the property's welcoming ambiance and highlighting its high-quality finishes. Situated on a spacious lot, the building includes a two-car garage with street access to Archer Avenue, presenting an opportunity for conversion to additional retail space or continued use for income-generating parking. A large driveway provides extra parking options, a valuable asset in this sought-after neighborhood. Each apartment has been meticulously updated, with the owner's unit standing out at approximately 3,000 square feet. This exclusive residence features three bathrooms, including a luxurious sauna, adding a unique touch of comfort and relaxation. This property offers a versatile income-generating layout with strong potential for retail expansion, making it a premier investment in Chicago's growing McKinley Park community.
  1. Listed by Angelo Labriola • Sperry Van Ness

Property Details for 3265 South Archer Avenue

Area
CHI - McKinley Park
Zoning
COMMR
LISTING UPDATED: 11/23/2024 02:05 AM

Property Details for 3265 South Archer Avenue

StatusNew
MLS #12215769
Days on Market1
Taxes$15,239 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1879
Lot Size0.17 AC / 7,352 SF
CountyCook County

Building Information for 3265 South Archer Avenue

Stories3Residences8Year Built1879Lot Size0.17 AC / 7,352 SF

Property Information for 3265 South Archer Avenue

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Geographic Locale: Chicago South,Chicago West
  • Information: List Broker Must Accompany,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air, Central Individual
  • Electric: Circuit Breakers, Separate Meters
  • # Of Washers: 2
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas
  • Washer/Dryer Lsd: No
  • # Of Dryers: 2
  • # Of Dishwashers: 6
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 6
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 75X135
  • Lot Size Square Feet: 7352.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Fire Protection: Fire Extinguisher/s
  • Building Area Total: 8150
  • # Of Offices: 0
  • # Of Stores: 2
  • Property Sub Type: Apts/Ofc/Store, Apts/Ofc, Apts/Stores
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 13
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $156,000.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Total Monthly Income: 0
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 3265 South Archer Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3265 South Archer Avenue

Taxable ValueLand$14,796Additions$57,428Total$72,224
Tax Record2022$14,855 ($1,238 / month)
Home Facts
Baths5Total Finished SqFt12,774 SqFtAbove Grade Finished SqFt12,774 SqFtStories3Lot Size7,398 SqFtStyleStoresYear Built1879CountyCOOKAPN17-31-212-027

Schools near 3265 South Archer Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Greene N Elementary School
PublicPK to 5

Evergreen Academy Middle School
Public6 to 8

Thomas Kelly College Preparatory
Public9 to 12

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

3265 South Archer Avenue is a mixed use property for sale in Chicago, IL 60608. This property was listed for sale on November 22, 2024 by Sperry Van Ness, it's currently listed at $1,450,000. It has been on the market for a total of 1 days and was last sold on May 31, 2001. This listing's school district is Chicago Public Schools. Nearby schools include Greene N Elementary School, Evergreen Academy Middle School and Thomas Kelly College Preparatory. 3265 South Archer Avenue is a 0-bed, 0-bath, mixed use property built in 1879.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sperry Van Ness

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 11/23/2024 02:05 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.