5030 South Archer Avenue

Chicago, IL 60632

$750,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Amazing location and incredible visibility right on ARCHER Ave in this excellent business and residential turn-key property. An opportunity doesn't come by like this too often for an owner or investor. Conduct business and live in the same property or conduct business and lease the second floor three bedroom apartment, or lastly lease both commercial and residential compartments. Zoned B-3: General Commercial storefront on the first floor and residential on the second floor. In addition to commercial...Amazing location and incredible visibility right on ARCHER Ave in this excellent business and residential turn-key property. An opportunity doesn't come by like this too often for an owner or investor. Conduct business and live in the same property or conduct business and lease the second floor three bedroom apartment, or lastly lease both commercial and residential compartments. Zoned B-3: General Commercial storefront on the first floor and residential on the second floor. In addition to commercial uses, a range of personal service establishments and business service uses, office uses, Retail establishments, General office or Government Offices, Business Services, Personal Service establishments, and more available uses are possible. The property has been completelty renovated and features newer windows, newer electrical, and plumbing. Hardwood Flooring througout the store front and second floor apartment. Freshly painted with neutral colors. Custom Kitchen with quartz countertops and includes the stainless steel appliances on the second floor. Both floors have seprate heat & utilities. Full unfinished basement ready for your finishing touches. Think outside of the box--endless opportunities! Come and see! This is your chance! This mixed-use building is ready for a savvy investor to turn it into a real money maker!
  1. Listed by Alberto Avila • RE/MAX 10

Property Details for 5030 South Archer Avenue

Area
CHI - Archer Heights
Township
Lake
Zoning
COMMR
LISTING UPDATED: 11/02/2024 12:06 AM

Property Details for 5030 South Archer Avenue

StatusActive
MLS #12197709
Days on Market25
Taxes$4,412 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1928
Lot Size0.06 AC / 2,500 SF
CountyCook County

Virtual Tour

Building Information for 5030 South Archer Avenue

Stories2Residences2Year Built1928Lot Size0.06 AC / 2,500 SF

Property Information for 5030 South Archer Avenue

General Information
Location and General Information
  • Geographic Locale: Chicago Southwest
  • Information: None
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Flooring: Wood
  • Heat/Ventilation: Forced Air
  • Misc Inside: Basement
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
Property/Lot Information
  • Tenant Pays: Other
  • Built Before 1978: Yes
  • Approximate Age: New Rehab
  • Lot Dimensions: 25X100
  • Lot Size Square Feet: 2500.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Fire Protection: None
  • Foundation Details: Brick/Mortar
  • Building Area Total: 2850
  • # Of Offices: 0
  • # Of Ranges: 1
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
  • MRD_UNC: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 39
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.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 5030 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 5030 South Archer Avenue

Taxable ValueLand$2,500Additions$15,500Total$18,000
Tax Record2022$4,291 ($358 / month)
Home Facts
Baths4.5Total Finished SqFt2,850 SqFtAbove Grade Finished SqFt2,850 SqFtStories2Lot Size2,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1926CountyCOOKAPN19-10-230-011

Schools near 5030 South Archer Avenue

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

Curie Metropolitan High School
Public9 to 12

Acero Chtr Network - PFC Torress
CharterK to 8

Acero Chtr Netrk - Major Garcia
Charter9 to 12

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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5030 South Archer Avenue is a mixed use property for sale in Chicago, IL 60632. This property was listed for sale on October 27, 2024 by RE/MAX 10, it's currently listed at $750,000. It has been on the market for a total of 25 days and was last sold on July 30, 2021. This listing's school district is Chicago Public Schools. Nearby schools include Edwards Elementary School, Curie Metropolitan High School and Acero Chtr Network - PFC Torress. 5030 South Archer Avenue is a 0-bed, 0-bath, mixed use property built in 1928.

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 RE/MAX 10

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 11/02/2024 12:06 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.