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$499,900
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Property Description
Welcome to your new investment! This building is a long time money maker in a booming area. 3 UNITS = Legally certified 2 apartments & 1 commercial large space. So much potential here with several updates already in hand, NEW Roof, NEW electrical, NEW flood control system, etc. You will have a large storefront/Offices/apartment on the main level, an active producing AIRBNB 2 bedroom unit in the garden level and a 2 bedroom apartment upstairs all in one! Located in a High traffic area. Good income producing mixed use property in Bridgeport. Owner has taken good care of the building. The open space on the ground level can be used as office space, Real Estate office, medical office, dental, pop up business, etc. Features a nice size conference room, private office, full kitchen & full bathroom. The 2nd floor is a legal 2 bedroom/1 bathroom apartment. The garden unit is an AIRBNB featuring 2 bedrooms / 1 full bathroom, large kitchen and living room. Great income and room to grow. There are 3 parking spots in the rear. Great location. Great building. Well maintained. Located near the highway & public transportation. New construction in the works all around. 5 minutes away from Pilsen! Instant equity!
Full Property Details
Full Property Details for 2963 S Archer Ave
General
- Price: $499,900
- Taxes: $5,907 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12538235
- Updated: 1/5/2026
- Added to Site: 18 day(s) ago
Interior
- Interior Features: Multi-Tenant
Location
- Area: CHI - Bridgeport
- County: Cook
- Township: South Chicago
- Driving Directions: north/south on Ashland to Archer, north to property.
- Location Details: Chicago South, Chicago Southwest
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Radiators
Utilities
- Trash: 75
Structural Information
- Construction: Aluminum Siding
- Exterior Const.: Aluminum Siding
- Foundation: Other
- Stories/Levels: 2
- Square Feet: 2,640
- Year Built: 1883
- Built Before 1978: Yes
Unit Information
- # Tenants: 1
Lot Features
- Lot Size (Sq. Ft.): 2,710
- Lot Dimensions: 25 x 110
- Frontage: City Street
- Potential Use: Commercial, Office, Multi-Family, Retail
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $245
- Assessment Year: 1883
- Tax Amount: $5,907.7
- Tax Year: 2023
- Tenant Pays: Electricity
- Pays Electric: 135
- Pays Trash: 75
Disclosures and Reports
- Property ID: 17293220150000
Listed by 606 Brokers LLC
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Schools
Schools serving 2963 S Archer Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Holden Elementary School, Chicago, IL 1104 West 31st Street, Chicago, IL 60608 | PK-8 | 0.3 mi |
Tilden Career Communty Academy High School 4747 South Union Avenue, Chicago, IL 60609 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2963 S Archer Ave
Date
Details
Price
Change
Source
12/30/2025
Listed
$499,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2963 S Archer Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,908
3%
$28,000
—
2022
$5,759
2%
$28,000
—
2021
$5,631
4%
$28,000
15%
2020
$5,437
24%
$24,407
-13%
2019
$4,396
-10%
$28,055
—
2018
$4,863
-3%
$28,055
5%
2017
$5,020
-1%
$26,693
-4%
2016
$5,088
17%
$27,900
—
2015
$4,356
15%
$27,900
21%
2014
$3,796
25%
$23,028
24%
2013
$3,029
-9%
$18,626
-19%
2012
$3,312
—
$23,029
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2963 S Archer Ave
2963 S Archer Avenue, Chicago, IL 60608 (MLS# 12538235) is a Commercial property. 2963 S Archer Avenue is currently listed for $499,900 and was received on December 30, 2025. Want to learn more about 2963 S Archer Avenue? Do you have questions about finding other Commercial real estate for sale in Bridgeport? You can browse all Bridgeport real estate or contact a Coldwell Banker agent to request more information.

