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$450,000
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Property Description
Welcome to your new investment! This building is a long time money maker in the booming area of Bridgeport. This mixed use property has 2 apartments and a large commercial office space that can be used for almost anything. Thats 3 units that can produce income for under $500k 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 apartment features 2 bedrooms & 1 bathroom. 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
- Sold For: $450,000
- Taxes: $5,907 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12582595
- Added to Site: 104 day(s) ago
Interior
- Interior Features: Multi-Tenant
Location
- Area: CHI - Bridgeport
- County: Cook
- 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
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
- Assessment Year: 1883
- Tax Amount: $5,907.7
- Tax Year: 2023
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 17293220150000
Listed by 606 Brokers LLC
Sold by Kale Realty
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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 ATTOM Data Solutions 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
6/05/2026
Sold
$450,000
-5.26%
MLS
4/16/2026
Price Reduced
$475,000
-1.02%
MLS
4/10/2026
Price Reduced
$479,900
-1.05%
MLS
3/27/2026
Price Reduced
$485,000
-1.02%
MLS
3/03/2026
Listed
$490,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2963 S Archer Avenue, Chicago, IL 60608 (MLS# 12582595) is a Commercial property that was sold at $450,000 on June 05, 2026. 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.

