3
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$450,000
Est. payment /mo
4,800 SqFt
Active Under Contract
3115 S Archer Avenue Chicago, IL 60608
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UPDATED:
08/17/2024 08:33 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $93
MLS Listing ID 12039763
Year Built 1877
Annual Tax Amount $3,553
Tax Year 2021
Lot Dimensions 50.4X40X81.8X25
Property Description
3 parcels at the SW corner of Ashland Ave and Archer Ave. The MLS ID's for the other 2 properties are #12039726 and #12039782. These 3 properties can be purchased individually, or all together as a package at a discounted price. This is a high traffic location with 26,500 VPD on Ashland and 23,400 VPD on Archer. Directly east across Ashland Ave is a Mariano's Anchored Retail Shopping Center. Commercial neighbors of this property include JC Licht/Ace Hardware, H&R Block, Subway, Burger King, O'Reilly Auto Parts, White Castle, Dollar Tree, T Mobile, Popeyes, Sherwin Williams, GNC, Great Clips, and Mattress Firm. This is the middle building of 3 located on the SW corner of Ashland and Archer. This is a 2 story building with a full basement. Each floor is approximately 1600 s.f. The first floor is occupied by a long time bar and music venue named One City Tap. The second floor is split up into 7 bedrooms, with 2 bathrooms and one kitchen. This 2nd floor area is licensed as an SRO, and any sale must follow the rules and regulations governing the transfer of an SRO property (click on link in Broker's Private Remarks). 3115 S. Archer Ave is being offered for sale individually for $450,000. This property is not being offered for lease. This property is being sold "as-is, where-is".
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by David McLennan • Pearson Realty Group
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