5147 S Archer Avenue, Chicago, IL 60632 - Photo 1

1/1

$475,000

Sold
Closed
Commercial
5,040 Sq. Ft.
2 Parking Spaces

1/1

Property Description

Recently updated bar with a 3 bedroom apartment in prime Archer Heights neighborhood! The main bar area has great open space with wall hung LCD screens. The lounge area features a small stage and spacious dance floor. There is a private office overlooking the lounge area and you also have 2 rest rooms between the lounge area and bar area.The full kitchen features a range, hood and pizza oven with a walk in cooler. All trade fixtures will be included in the sale of this very spacious bar with a capacity of almost 300! The 3 bedrooms apartment at the rear of the bar has lots of potential and there is also a 2 car garage. There is ample parking on the side of the building and on Archer Ave. This mixed use building is ready for a savvy investor to turn it into a real money maker!

Full Property Details

Full Property Details for 5147 S Archer Ave

General

Sold For: $475,000
Taxes: $4,826 (2021)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 11717101
Added to Site: 1, 112 day(s) ago

Interior

Flooring: Varies

Additional Information

Security/Safety: Fire Extinguisher(s)

Parking

Total Spaces: 2

Location

Area: CHI - Archer Heights
County: Cook
Driving Directions: Northeast or southwest on Archer to address.
Location Details: Chicago Southwest, Corner

Heating & Cooling

Cooling Type: Central Air Conditioning
Heating Type: Forced Air, Gas

Utilities

Onsite: Electricity to Site, Gas to Site, Sanitary Sewer, Municipal Water

Structural Information

Construction: Brick
Exterior Const.: Brick
Foundation: Concrete Perimeter
Roof: Rubber
Sub-Flooring: Varies
Stories/Levels: 1
Square Feet: 5,040
Current Bldg. Use: Commercial
# of Stores: 1
Year Built: 1918
Built Before 1978: Yes

Unit Information

Units w/Refrigerators: 1
Units w/Range/Oven: 1

Lot Features

Lot Size (Sq. Ft.): 5,915
Lot Dimensions: 50 x 100 x 68.3 x 101.78
Frontage: City Street
Zoning: COMMR

Financial Considerations

Security Deposit: Fire Extinguisher/s
Assessment Year: 1918
Tax Amount: $4,826
Tax Year: 2021
Tenant Pays: Varies by Tenant

Disclosures and Reports

Property ID: 19104010010000

Listed by RE/MAX Loyalty
Sold by Dream Town Real Estate

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Schools

Schools serving 5147 S Archer Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Edwards Elementary School 4815 South Karlov Avenue, Chicago, IL 60632	PK-8	0.5 mi
Curie Metropolitan High School 4959 South Archer Avenue, Chicago, IL 60632	9-12	0.6 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 5147 S Archer Ave

Date

Details

Price

Change

Source

5/26/2023

Sold

$475,000

-9.52%

MLS

2/10/2023

Listed

$525,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5147 S Archer Avenue, Chicago, IL 60632 (MLS# 11717101) is a Commercial property that was sold at $475,000 on May 26, 2023. Want to learn more about 5147 S Archer Avenue? Do you have questions about finding other Commercial real estate for sale in Archer Heights? You can browse all Archer Heights real estate or contact a Coldwell Banker agent to request more information.

5147 S Archer Ave Chicago, IL 60632