5772 S Archer Avenue Chicago, IL $ 759,900
5772 S Archer Avenue
$ 759,900
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5772 S Archer Avenue

Chicago, IL, 60638
$ 759,900
Bedrooms-- Baths-- Sq 5,500

Monthly Estimate*

$ 4,741

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Commercial Property for sale in Chicago, IL

for $759,900. This 5,500 square foot building was built in 1998 on a lot size of 0.105969.

Location, Location, Location!!! This established restaurant, bar, and nightclub on Archer Avenue in Garfield Ridge is a rare investment opportunity with a proven track record. Built and in business for 28 years, the venue offers seating for 150 people downstairs and 60 people upstairs. Known for it's elegant dining, great vibes, and ability to impress. This property is fully equipped with a DJ booth, fully operational kitchen, arcade games, and slot machines, making it a turnkey operation. All licensing able to be transferred with the sale include: Liquor, Food, Tobacco, and PPA (Public place of amusement). Located in a high-traffic area with strong visibility, this versatile space is ready to continue its legacy or evolve into something new. Ideal for seasoned operators or investors, this is a chance to own a thriving business in a vibrant neighborhood.

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Commercial Contingent

Price

$ 759,900

Property Type

Commercial

Taxes

$ 29,429

Style

Commercial

Lot Size

0.105969

Year Built

1998

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12410088

Features
General
Cooling Central Air
Utilities Electricity Available Natural Gas Available Sewer Connected Water Available
Possession Closing Negotiable
Zoning COMMR
Construction Materials Brick
Year Built 1998
Electric Three Phase
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Operating Stops Taxes Insurance Repairs Roof Scavenger Structure Tax Stops Sewer
Stories Count 2
Property Subtype Restaurant
Tax Year 2023
Current Use Commercial
Gross Income 24416
County Cook
Net Operating Income 144857
Property Type Commercial Sale Retail/Stores
Contingency Attorney/Inspection
Status Contingent
Directions Central Ave to Archer Ave East to 5772
City Chicago
MLS Area CHI - Garfield Ridge
Lot Size Square Feet 4616
Tax Annual Amount 29429
Additional Parcels Y/N N
Leasable Area 0
Standard Status Active Under Contract
Cap Rate 14
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Exterior
Water Source Municipal Water
Building Area Total 5500
Lot Dimensions 47X128X16X125
Frontage Type City Street
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* Excluded Features
List By
Keller Williams Preferred Rlty

Broker

maryderman@kw.com

Email

Affordability Calculator

$7,193
Per Month
66%
34%
0%
Monthly Principal & Interest
$4,741
Monthly Property Taxes
$2,452
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/3/2025$759,900 Listed Price

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5772 S Archer Avenue, Chicago, IL, 60638 is a Commercial Property for sale at $759,900 with 5,500 sqft and a lot size of 0.105969. 5772 S Archer Avenue was built in 1998. The property's zip code is 60638 which is in Chicago, IL