5740 S Archer Avenue, Chicago, IL 60638 - Photo 1

1/1

$540,000

Sold
Closed
Commercial
4,200 Sq. Ft.
Updated 9 days ago

1/1

Property Description

Excellent investment opportunity in Garfield ridge! Commercial storefront with full basement. 6 apartments and detached 2 car garage. Full size laundry with coin operated washer and dryer. All apartments have separate FGA and window units. Newer roof in 2024 with new skylights.

Full Property Details

Full Property Details for 5740 S Archer Ave

General

Sold For: $540,000
Taxes: $5,275 (2023)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12689897
Added to Site: 56 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: 7
# Dryers: 1

Lot Features

Lot Size (Sq. Ft.): 3,150
Lot Dimensions: 25 x 125
Frontage: City Street
Zoning: MULTI

Financial Considerations

Security Deposit: Carbon Monoxide Detector(s)
Assessment Year: 1935
Tax Amount: $5,275
Tax Year: 2023
Tenant Pays: Electricity, Heat

Disclosures and Reports

Property ID: 19093130260000

Listed and Sold 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

8/12/2026

Sold

$540,000

-1.82%

MLS

6/26/2026

Listed

$550,000

—

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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Just Listed

$259,900

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Multi-Family
Active
Updated 1 day ago

6
Total Beds

1601 S 51st Ct, Cicero, IL 60804 - Photo 1

Just Listed

$450,000

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Single Family
Active
Updated 11 hours ago

6
Beds
2
Total Baths
3,703
Sq. Ft.

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Just Listed

$999,000

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Multi-Family
Active
Updated 2 days ago

10
Total Beds

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Just Listed

$379,900

Open House

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Single Family
Active
Updated 1 day ago

4
Beds
1
Total Bath
1,200
Sq. Ft.

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Price Reduced

-$20,001 (-3.23%)

$599,999

5043 W 25th St Cicero, IL 60804

Commercial
Active
Updated 4 days ago

2806 S 48th Ct, Cicero, IL 60804 - Photo 1

Price Reduced

-$10,000 (-2.5%)

$389,900

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Multi-Family
Active
Updated 1 day ago

6
Total Beds

1636 S 50th Ct, Cicero, IL 60804 - Photo 1

Price Reduced

-$15,000 (-2.97%)

$490,000

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Commercial
Active
Updated 20 hours ago

3,686
Sq. Ft.

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Price Reduced

-$10,000 (-1.47%)

$669,900

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Commercial
Active
Updated 2 days ago

7,000
Sq. Ft.

5212 S Lorel Ave, Chicago, IL 60638 - Photo 1

Sold

$497,999

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Single Family
Closed

6
Beds
2
Total Baths
2,500
Sq. Ft.

5200 S Lotus Ave, Chicago, IL 60638 - Photo 1

Sold

$460,000

5200 S Lotus Ave Chicago, IL 60638

Single Family
Closed

4
Beds
2
Total Baths
1,000
Sq. Ft.

4752 S Lotus Ave, Chicago, IL 60638 - Photo 1

Sold

$530,000

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Multi-Family
Closed

6
Total Beds

5606 S Parkside Ave, Chicago, IL 60638 - Photo 1

Sold

$510,000

5606 S Parkside Ave Chicago, IL 60638

Single Family
Closed

5
Beds
3
Total Baths
2,500
Sq. Ft.

5740 S Archer Avenue, Chicago, IL 60638 (MLS# 12689897) is a Commercial property that was sold at $540,000 on August 12, 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.

5740 S Archer Ave Chicago, IL 60638