For Sale
$649,000

5030 Archer AveChicago, IL 60632

Chicago Mixed-Use Building, High Visibility

Overview

Added:
Feb 3
Days on market:
62
This exceptional mixed-use property at 5030 S Archer Avenue in Chicago, Illinois presents a unique investment opportunity. The 2,850 square foot building boasts a prime location with incredible street visibility on Archer Avenue. The property is zoned B-3, allowing for a diverse range of commercial and residential uses. The ground floor offers a versatile commercial storefront, ideal for retail, office, or a variety of service businesses. The second floor comprises a completely renovated three-bedroom apartment, perfect for owner occupancy or rental income. Recent renovations include new windows, electrical, and plumbing systems, ensuring efficiency and low maintenance. Hardwood flooring graces both the commercial space and the apartment, complemented by fresh neutral paint throughout. The apartment features a custom kitchen with quartz countertops and stainless steel appliances. Separate utilities and heating systems for each floor provide independent control and cost management. A full, unfinished basement offers significant potential for expansion or additional storage. This turnkey property is ready for immediate occupancy and offers endless possibilities for a savvy investor seeking a high-return investment in a thriving Chicago location. The combination of commercial and residential space allows for multiple income streams, maximizing the potential for profitability. Don't miss this chance to acquire a truly remarkable mixed-use building in a highly desirable area.

Property Details for 5030 Archer Ave

Property type
Mixed-use properties
Square Feet
2,850 SF
Year Built
1928

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.80161
Longitude
-87.72528
5030 Archer Ave, Chicago, Illinois

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5030 Archer Ave
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