6140 S Archer Avenue Chicago, IL ^$ 350,000

6140 S Archer Avenue

^$ 350,000

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6140 S Archer Avenue

Chicago, IL, 60638

^$ 350,000

Studio Baths0.0 Sq 1,450

Monthly Estimate*

^$ 2,445

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Studio

Commercial Property for sale in Chicago, IL

for $350,000. This 1,450 square foot building was built in 1950 on a lot size of 0.07174.

Garfield Ridge area, solid investment on this Commercial building located on the hart of Archer ave commercial strip.Currently divided in two store fronts, a Barber shop and Organic Juice shop. plenty of parking on the rear. Great space for an attorney/accountant/real estate office. Low taxes one pin number. Building is in great conditions, separated gas and electric, Central air Conditioner. Easy to show. Contact Listing Agent.

Commercial Active

Price

^$ 350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 7,799

Style

Commercial,Office

Lot Size

0.07174

Year Built

1950

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11912936

Features

General

Cooling Window Unit(s)

Possession Tenant's Rights

Roof Rubber

Zoning OFFIC

Construction Materials Brick

Year Built 1950

Electric Circuit Breakers Service - 101 to 200 Amps

Tenant Pays Electricity

Stories 1

Township Lake

Property SubType Other

Tax Year 2022

Current Use Commercial Office

Gross Income 28200

County Cook

Net Operating Income 17050

Operating Expense 11149

Insurance Expense 1850

Property Type Commercial Sale Retail/Stores

Status Active

Directions Take Archer to 6140 South Near Austin Ave.

City Chicago

Total Units 2

MLS Area CHI - Garfield Ridge

Lot Size Square Feet 3125

Street Name Archer

Tax Annual Amount 7799.49

Water Sewer Expense 1500

Additional Parcels Y/N N

Leasable Area 1475

Days on Market 183

Lease Type N/A

Standard Status Active

Interior

Flooring Tile

Street Suffix Avenue

Exterior

Foundation Details Concrete Perimeter

Building Area Total 1450

Lot Dimensions 25X125

Frontage Type City Street

Exterior Brick

* Excluded Features

List By

Re/Max Mi Casa

Broker

ubaldosellshomes@gmail.com

Affordability Calculator

$3,095

Per Month

Monthly Principal & Interest: $2,445
Monthly Property Taxes: $650
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$835,725

Percent of Sale Price 139%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/17/2024	$350,000	-2.78%	Price Down
10/23/2023	$360,000		Listed Price

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6140 S Archer Avenue, Chicago, IL, 60638 is a Commercial Property for sale at $350,000 with 1,450 sqft and a lot size of 0.07174. 6140 S Archer Avenue is a studio with 0.0 baths and was built in 1950. The property's zip code is 60638 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 5/1/2024.

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6140 S Archer Avenue

Commercial Property for sale in Chicago, IL

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