Recently Listed Open House 10/23 10am - 12pm
5768 S Archer Avenue
Chicago, IL, 60638 $ 620,000
Bedrooms8 Baths5.2 Monthly Estimate*
$ 4,282
for $620,000 with 8 bedrooms and 5 full baths, 2 half baths. This home was built in 1977 on a lot size of 0.07.
ATTENTION INVESTORS! LEGAL BRICK 3-FLAT IN GARFIELD RIDGE! Excellent investment opportunity! Solid, well-maintained brick 3-flat in Chicago's desirable Garfield Ridge neighborhood. The first and second floors each feature 3 bedrooms and 1.5 bathrooms. The garden-level unit offers two separate entrances, 2 bedrooms, a kitchen, living room, dining room, and a full updated bathroom. The property features a detached 2-car garage, separate electric meters for each unit, and separate gas meters for the first and second floors. The first-floor and garden units share a gas meter. Coin-operated laundry in the basement provides an additional source of income. Numerous updates and improvements include a remodeled second-floor unit in 2021, a remodeled garden unit in 2022, a boiler replaced in 2025, a sump pump replaced in 2024, both water heaters replaced in 2020, basement window blocks replaced in 2019, front windows on the first and second floors replaced in 2015, and recently completed tuckpointing. This property is in excellent condition and has been exceptionally well cared for. Fully rented and generating income from day one, it is an excellent opportunity for investors seeking a solid, income-producing property. Conveniently located near major highways, public transportation, shopping, restaurants, and other neighborhood amenities. Don't miss this outstanding investment opportunity!
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Open House
10/23/2026 10:00 AM - 12:00 PM
5768 S Archer Avenue Chicago, IL
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesExteriorModel 3 FLAT
Parking Features Yes Garage Owned Detached Garage
Water Source Lake Michigan
Total Parking 2.5
Foundation Details Concrete Perimeter
Lot Dimensions 25X125
Lot Size Acres 0.07
Waterfront Y/N N
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GeneralSewer Public Sewer
Heating Gas
Possession Closing
Roof Asphalt
Zoning MULTI
Garage Spaces 2.5
Construction Materials Brick
Year Built 1977
Township Lake
Tax Year 2025
Ownership Fee Simple
Community Features Curbs Sidewalks Street Lights
County Cook
Insurance Expense 1500
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 15
Status New
Directions Take Archer Ave to the Property
City Chicago
High School District 299
MLS Area CHI - Garfield Ridge
Tax Annual Amount 7968.58
Electric Expense 1101
Fuel Expense 2408
Water Sewer Expense 2233
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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InteriorBasement Finished Exterior Entry Walk-Out Access
Total Bedrooms 8
Total Baths 5
Bedrooms Possible 8
Full Baths Building 3
Half Baths Building 2
Total Number of Units 3
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* Excluded FeaturesList Bykrzemien2002@yahoo.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,282
- Monthly Property Taxes
- $664
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyMulti-family listings in Chicago, IL
Average List Price $645,467
Percent of Sale Price 4%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/21/2026 | $620,000 | | Listed Price |