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$568,000
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Property Description
Multiple Offers Received - Please submit Highest and Best offers by October 20th 3PM...Rare opportunity to own a fully occupied, all-brick mixed use 3-unit building in the highly desirable Garfield Ridge neighborhood of Chicago. This well-maintained property features two spacious residential units on the 1st and 2nd floors, each offering 3 bedrooms, 1.5 baths, hardwood flooring, granite countertops, and updated finishes throughout. The ground level includes a commercial space currently operating as a salon with a full bath and attached office/kitchen, providing excellent income potential. Additional highlights include a coin-operated laundry, a private backyard with great condition concrete patio and walkways, a detached 2-car garage, and plenty of storage or space for grilling. Recent updates include a new roof, gutters, and soffits (2021), sump pump (2024), hot water boilers (2015), newer water heaters, radiant heat added in the ground unit (2022), and upgraded vinyl windows throughout. With reliable tenants, timely rent payments, and a prime location across from Bank of America, next to the Chicago Public Library, and within the sought-after Byrne and Kennedy School Districts, this property offers strong long-term value. Convenient CTA access and nearby shopping and dining make this an investment you won't want to miss...Selling "as is". Showing's by appointment only - Contact Listing Agent - Robert Lisak with any questions/appointments... Owner on vacation until October 20th - will not make a decision until then for any offer's... Cash, FHA, VA, Commercial, or DSCR loan's acceptable - any buyer's must have preapproval to submit offers...
Full Property Details
Full Property Details for 6340 S Archer Ave
General
- Sold For: $568,000
- Taxes: $6,330 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12483647
- Added to Site: 105 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 6
Additional Information
- Equipment: Carbon Monoxide Detectors, Sump Pump, Multiple Water Heaters, Water Heater-Gas
- Other Features: Commuter Bus
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 3
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Off-Street, Alley Access, Oversized, Owned, Garage
Location
- Area: CHI - Garfield Ridge
- County: Cook
- Driving Directions: Building that is directly next to the Garfield Ridge Branch of the Chicago Public Library on Archer facing Bank Of America.
School Information
- School District: 299
- Midd School District: 299
- Elementary School: Byrne Elementary School
- High School: Kennedy High School
- Private School: Kennedy High School
Heating & Cooling
- Heating Type: Natural Gas, Radiant, Heat Pump
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Exterior Entry, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1977
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 4500
Financial Considerations
- Assessment Year: 1977
- Tax Amount: $6,330
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 19083250460000
Get Pre-Approved Today
Schools
Schools serving 6340 S Archer Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Byrne Elementary School 5329 South Oak Park Avenue, Chicago, IL 60638 | K-8 | 0.6 mi |
Kennedy High School 6325 West 56th Street, Chicago, IL 60638 | 9-12 | 0.2 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 6340 S Archer Ave
Date
Details
Price
Change
Source
11/19/2025
Sold
$568,000
-2.06%
MLS
10/02/2025
Listed
$579,950
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
6340 S Archer Avenue, Chicago, IL 60638 (MLS# 12483647) is a Multi-Family property that was sold at $568,000 on November 19, 2025. This property was listed by Robert Lisak from our La Grange Office.Want to learn more about 6340 S Archer Avenue? Do you have questions about finding other Multi-Family 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.


