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$599,900 Just Listed
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Property Description
Garfield Ridge Mixed Use On Archer Ave. Commercial Storefront With Full Bsmnt 6 Apts With 2Car Garage .Full Size Laundry W/ Coin Op Washer & Dryer All Apts Have Seperate Fga and Window Units Newer Roof 2024 Complete Tear Off W/ 6 Inches Insulation New Skylites Do Not Call Text Or Email Only
Full Property Details
Full Property Details for 5740 S Archer Ave
General
- Price: $599,900
- Taxes: $5,275 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12622402
- Updated: 4/17/2026
- Added to Site: 1 day(s) ago
Additional Information
- Security/Safety: Carbon Monoxide Detector(s)
Location
- Area: CHI - Garfield Ridge
- County: Cook
- Driving Directions: CENTRAL AVE TO ARCHER EAST TO 5740 S ARCHER
- Location Details: Chicago Southwest, Mixed-Use Area, Public Transport Avail, Airport/Runway Nearby, In City Limits, High Traffic Area
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Roof: Membrane
- Stories/Levels: 2
- Square Feet: 4,200
- Year Built: 1935
- Built Before 1978: Yes
Unit Information
- # Tenants: 8
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 3,150
- Lot Dimensions: 25 x 125
- Frontage: City Street
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $2,527
- Security Deposit: Carbon Monoxide Detector(s)
- Assessment Year: 1935
- Tax Amount: $5,275
- Tax Year: 2023
- Tenant Pays: Electricity, Heat
- Pays Electric: 600
Disclosures and Reports
- Property ID: 19093130260000
Listed by Nowak Realty
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Schools
Schools serving 5740 S Archer Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Twain Elementary School 5134 South Lotus Avenue, Chicago, IL 60638 | PK-8 | 0.2 mi |
Kennedy High School 6325 West 56th Street, Chicago, IL 60638 | 9-12 | 1.3 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 5740 S Archer Ave
Date
Details
Price
Change
Source
4/17/2026
Listed
$599,900
152.48%
MLS
1/03/2018
Sold
$237,600
—
Public Record
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 5740 S Archer Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,275
3%
$25,000
—
2022
$5,142
2%
$25,000
—
2021
$5,027
10%
$25,000
22%
2020
$4,550
-5%
$20,423
-14%
2019
$4,771
2%
$23,748
—
2018
$4,691
-25%
$23,748
-18%
2017
$6,269
7%
$29,120
—
2016
$5,832
9%
$29,120
—
2015
$5,336
16%
$29,120
18%
2014
$4,591
2%
$24,745
—
2013
$4,501
1%
$24,745
—
2012
$4,440
—
$24,745
—
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 5740 S Archer Ave
5740 S Archer Avenue, Chicago, IL 60638 (MLS# 12622402) is a Commercial property. 5740 S Archer Avenue is currently listed for $599,900 and was received on April 17, 2026. Want to learn more about 5740 S Archer Avenue? Do you have questions about finding other Commercial real estate for sale in Garfield Ridge? You can browse all Garfield Ridge real estate or contact a Coldwell Banker agent to request more information.

