Stand by
USDAProperties.com is running hot! 🔥 🔥 🔥...

 

 

 

$1,295,000   Price Analysis
USDAProperties Agent Contact Page  Agent Details  share icon     map icon  QR
5213 S Archer Ave
Chicago, IL 60632
Unknown bed 2 bath unknown SqFt ($0/SqFt)
6,250SqFt lot. Built 1972
Listed 2024-04-01
Ⓧ USDA Ineligible
due to price & location

near Chicago

Amazing location and incredible visibility right on ARCHER AVE in an excellent business corridor.

* No Longer For Sale *
Your browser will attempt to redirect you to the city level in a few seconds.

An opportunity doesn't come by like this to o often for an owner or investor. 12-UNIT BUILDING - Zoned B-3: General Commercial/ 2 storefronts on the first floor and (10 apartment units) residential on the second/third floor. In addtion 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 building features newer windows (less than 5 years old), a newer roof and newer doors. 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! Please do not disturb tenants.


Presented by Agnes Czaja at
RE MAX 10.
Listing Agent Photo

Property MLS #12018174 from MRED

Cooling Features: Window Unit(s)

Full Bathrooms: 2

Frontage Type: City Street

Lot Size Acres: 0.1434803
Lot Size Dimensions: 50X125
Lot Size Square Feet: 6250

Association: No
Calculated Total Monthly Association Fees: 0

Number of Units: 12
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 4
Total Rooms in Unit-2: 3

Tenant Pays: Electricity

Annual Tax Amount: 14263.00
Source Listing Status: Closed
County: Cook
Current Use: Multi-Family
Directions: Northeast or southwest on Archer to address.
Tax Year: 2022
Source Property Type: Multi-Family
Possible Use: Office and Research, Multi-Family, Retail
Parcel Number: 19103080030000
Zoning: COMMR
Property Subtype: Multi Family 5+
Source System Name: C2C

Sold 2024-05-17
$1,175,000
MRED
Listed 2024-04-01
$1,295,000
MRED
Listing removed 2024-03-29
$1,295,000
MRED
Listed 2023-12-27
$1,295,000
MRED

Net Operating Income: 102937

Electric: Circuit Breakers
Sanitary Sewer
Water-Municipal

Year Built: 1972
Construction Materials: Brick
Foundation Details: Concrete Perimeter
Property Age: 52
Levels or Stories: 3

Edwards Elementary School is a public elementary and middle school located approximately 0.6 miles away.
directions icon Map directions

Curie Metropolitan High School is a public high school located approximately 0.7 miles away.
directions icon Map directions

St Richard Elementary School is a private elementary and middle school located approximately 0.1 miles away.
directions icon Map directions

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.