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3327 S Archer Avenue, Chicago, IL 60608
$588,000
3327 S Archer Avenue, Chicago, IL 60608View this property at 3327 S Archer Avenue, Chicago, IL 60608
3327 S Archer AvenueChicagoIL60608
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Property Description
Amazing opportunity for developer or investor in prime McKinley Park location! Partially rehabbed brick & frame corner mixed use building with 5 apartments, approximately 1100 sf storefront with 12-foot ceilings that used to be a bar, 2.5 car brick/block garage & additional side lot. Rear building has been completely remodeled with newer siding & two 2 Bed/1 Bath units with central air, new white kitchens featuring quartz countertops & SS appliances, new laminate flooring & newly remodeled bathrooms. 2nd floor rear unit has access to large roof deck. Both rear units are currently rented with signed leases. Front building contains storefront with two separate 1/2 bathrooms and a 2 bed/1 bath apartment on the 1st floor. 2nd floor has two 1 Bed/1 Bath apartments. Entire front building is vacant & needs rehab. Neither seller nor broker represent the legality of the 2nd floor front unit. The 2nd floor was divided into two units by a prior owner. Correct address is 3327-29 S Archer (Front building) and 1857 W 33rd Place (Rear building). Great location with easy access to downtown, I-55, Archer bus stop, CTA Orange line, Target, Starbucks, shopping & restaurants!
Full Property Details
Full Property Details for 3327 S Archer Ave
General
- Sold For: $588,000
- Taxes: $9,788 (2022)
- Status: Closed
- Type: Commercial
- MLS ID: 11946757
- Added to Site: 155 day(s) ago
Additional Information
- Security/Safety: Smoke or Fire Protectors
Parking
- Total Spaces: 2
Location
- Area: CHI - McKinley Park
- County: Cook
- Driving Directions: Damen or Ashland to Archer to 33rd Pl
- Location Details: Corner, Mixed-Use Area, Public Transport Avail
Heating & Cooling
- Cooling Type: Central Air Conditioning, Window Unit(s)
- Heating Type: Forced Air, Gas, Hot Water, Wall Unit
Utilities
- Onsite: Sanitary Sewer, Storm Sewer Available, Water to Site
Structural Information
- Construction: Brick, Wood Frame
- Exterior Const.: Vinyl Siding, Brick
- Roof: Fiberglass, Reflective Coating, Rubber
- Stories/Levels: 2
- Square Feet: 7,644
- Current Bldg. Use: Multi-Family
- Year Built: 1892
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 2
- Units w/Range/Oven: 2
- # Dryers: 1
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,250
- Lot Dimensions: 50 x 125
- Frontage: City Street, Alley Access
- Potential Use: Commercial, Office and Research, Multi-Family, Retail, Other
- Zoning: COMMR
Financial Considerations
- Operating Expenses: $9,789
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 1892
- Tax Amount: $9,788.64
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Electricity, Heat
Disclosures and Reports
- Property ID: 17312200170000
Listed by Keller Williams Preferred Realty
Sold by EXIT Strategy Realty
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Schools
Schools serving 3327 S Archer Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
3525 S Honore St, Chicago, IL 60609 | PK-5 | 0.3 mi | |
3537 S Paulina St, Chicago, IL 60609 | 6-8 | 0.4 mi | |
4136 S California Ave, Chicago, IL 60632 | 9-12 | 1.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3327 S Archer Ave
Date
Details
Price
Change
Source
12/13/2023
Sold
$588,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3327 S Archer Avenue, Chicago, IL 60608 (MLS# 11946757) is a Commercial property that was sold at $588,000 on December 13, 2023. Want to learn more about 3327 S Archer Avenue? Do you have questions about finding other Commercial real estate for sale in McKinley Park? You can browse all McKinley Park real estate or contact a Coldwell Banker agent to request more information.