5032 S Archer Avenue Chicago, IL $ 129,900
5032 S Archer Avenue
$ 129,900
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5032 S Archer Avenue

Chicago, IL, 60632
$ 129,900
Baths0.0 Sq 3,030

Monthly Estimate*

$ 907

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Studio

Commercial Property for sale in Chicago, IL

for $129,900. This 3,030 square foot building was built in 1926 on a lot size of 0.057392.

[SHORT-SALE] - Attention Investors - Large Space with Multiple Opportunities ......This is a GREAT Place for someone whom has a tremendous amount of VISION and CASH to put this place back in ORDER....Property in Need of MANY Repairs. Previous owner Started to work on the commercial space but was unable to finish. This space is inhabitable at this point for any type of business. Please bring your ideas to start-and-finish this project. There are other ISSUES that need to be addressed. The Roof is leaking in Multiple places in the building and either need to be COMPLETELY REPLACED or Repaired. In light of the number of places it is LEAKING....easiest to say a NEW FULL ROOF is needed. There are also structural areas for supporting floor Joyces that need to be looked at by a professional structural engineer. The foundation is CRACKED in Numerous places and looks like seepage problem persist in multiple areas. Please have a foundation specialist look at the multiple cracks throughout the building. Also Boiler and Water heaters have surpassed their life expectancy.....Great Opportunity for the RIGHT PERSON.....

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Commercial Contingent

Price

$ 129,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,432

Style

Special Use

Lot Size

0.057392

Year Built

1926

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11959652

Features
General
Cooling Window Unit(s)
Utilities Electric to Site Gas to Site Sanitary Sewer Water-Municipal Water to Site
Roof Membrane
Zoning COMMR
Construction Materials Brick
Year Built 1926
Electric Circuit Breakers
Tenant Pays Other Varies by Tenant
Stories 2
Township Lake
Property SubType Mixed Use
Tax Year 2022
Current Use Special Use
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Contingency Attorney/Inspection
Possible Use Commercial
Status Contingent
Directions Archer Ave West of Pulaski to Address
City Chicago
Total Units 2
MLS Area CHI - Archer Heights
Lot Size Square Feet 2500
Street Name Archer
Green Building Verification Type Other
Tax Annual Amount 2432.11
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 2
Lease Type N/A
Standard Status Active Under Contract
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Interior
Flooring Vinyl Wood
Total Fireplaces 0
Street Suffix Avenue
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 3030
Lot Dimensions 25X102
Frontage Type County Road
Exterior Brick
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* Excluded Features
List By
Homesmart Connect Llc

Broker

jrharristeam@gmail.com;jrharris@jrharristeam.com

Email

Affordability Calculator

$1,110
Per Month
82%
18%
0%
Monthly Principal & Interest
$907
Monthly Property Taxes
$203
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/10/2024$129,900 Listed Price

Map


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5032 S Archer Avenue, Chicago, IL, 60632 is a Commercial Property for sale at $129,900 with 3,030 sqft and a lot size of 0.057392. 5032 S Archer Avenue is a studio with 0.0 baths and was built in 1926. The property's zip code is 60632 which is in Chicago, IL