3265 S Archer Avenue Chicago, IL $ 1,550,000
3265 S Archer Avenue
$ 1,550,000
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3265 S Archer Avenue

Chicago, IL, 60608
$ 1,550,000
Bedrooms-- Baths-- Sq 8,150

Monthly Estimate*

$ 9,544

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Commercial Property for sale in Chicago, IL

for $1,550,000. This 8,150 square foot building was built in 1879 on a lot size of 0.168779.

This beautifully maintained and updated corner building consists of six apartments and two retail spaces. The retail units have recently been leased to a spa on a new 5 Year Lease with options. Five of the six apartments have been updated, including an expansive duplex loft ideal as an owner's unit, featuring large windows, a high-end kitchen with Viking appliances, and a spa-like bathroom with a Jacuzzi tub and sauna. Abundant natural light enhances each unit, showcasing the property's quality finishes and inviting atmosphere. All City of Chicago required updates have been completed including newly paved basement floor, Fire Rated Drywall on the basement ceiling, electrical & new porch. Located on a large lot with street frontage along Archer Avenue, and the building also includes a two-car garage with high ceilings-presenting potential for conversion into additional residential or retail space, or continued use as income- generating parking. A large driveway provides additional parking for multiple cars, a valuable amenity and added income opportunity.

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Commercial Active

Price

$ 1,550,000

Property Type

Commercial

Taxes

$ 16,985

Style

Lot Size

0.168779

Year Built

1879

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12644699

Features
General
Cooling Central Air Central Individual
Zoning COMMR
Construction Materials Brick
Year Built 1879
Electric Circuit Breakers Separate Meters
Stories Count 3
Tax Year 2024
Gross Income 171900
County Cook
Net Operating Income 120624
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status New
Directions Archer Ave & Ashland Ave - South on Archer to Wood St property is located on the SouthEast Corner of Wood & Archer.
City Chicago
Number Of Units Total 8
MLS Area CHI - McKinley Park
Lot Size Square Feet 7352
Tax Annual Amount 16985.89
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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Exterior
Building Area Total 8150
Lot Dimensions 75X135
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* Excluded Features
List By
Sperry Van Ness

Broker

angelo.labriola@svn.com

Email

Affordability Calculator

$10,959
Per Month
87%
13%
0%
Monthly Principal & Interest
$9,544
Monthly Property Taxes
$1,415
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
5/11/2026$1,550,000 Listed Price

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3265 S Archer Avenue, Chicago, IL, 60608 is a Commercial Property for sale at $1,550,000 with 8,150 sqft and a lot size of 0.168779. 3265 S Archer Avenue was built in 1879. The property's zip code is 60608 which is in Chicago, IL