5546 South Archer AvenueChicago, IL 60638Price: $400,000

  • Price: $400,000
  • 180 Days on Market
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Federal 30-year interest rate: 6.94% last updated on May 23, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 3,172Square Feet
  • 1940Year Built

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Exceptional Commercial property in a prime location on busy Archer Ave in Garfield Ridge with maximum exposure. Rarely available, the property offers 3264 sq. ft. commercial building with 3 separate store fronts on (48 x 125 sq. ft. lot with 14 to 18 space parking lot.. It is well situated on Archer Ave. with a high traffic count (32,000+VPD). Great visibility, big signage to street for added advertisement. Surrounded by thriving businesses. Zoned B3, which offers a multitude of uses. Property has been very well maintained, consisting of a kitchen, dining area with ample seating, walk-in-cooler, 4 restrooms, storage and, 3 separate furnaces / A/C units. HWT 2016. Just a few blocks from Cicero / Archer Intersection, easy access to I'55, 4 blocks to Midway airport. Strong area demographics. Numerous area national tenants including Aldi, Walgreens, Jewel-Osco, Portillo's Beggar's Pizza. Lots of potential to own and operate your business or collect rent for added income. Owner is willing to offer up to $16,000 roof repair credit. Property being sold "AS-IS"

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Listed by Adam Barrera of EXIT Realty WE

Based on information submitted to MRED  as of May 29, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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