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    3327 Archer Avenue

    Chicago, IL 60608
    • $788,800
    • STATUS: Active
    • ON SITE: 32 days
    • MLS #: 10825226
    UPDATED: 47 min ago
    $788,800
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,644
      SQFT
    • $103
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1892
    County:

    School Ratings & Info

    Description

    Attention Investors, Developers & Rehabbers. Perfect opportunity to invest in a prime location! This corner mixed use 5 apartments plus storefront brick & frame property with an extra lot is in a up & coming sought after area known for it convenience to downtown, I 55 & choice of two Orange line stops. Original 12 foot ceilings. 8 Bedrooms, 7 Baths. 3 separate basements 1 with walk out. Storefront use to be a Bar that opened to outdoor deck and yard with private access to one of the basements. Owner began gutting bar for project but stopped. Now used as storage. Front building contains storefront with 2 BA on the main floor. Upstairs has two 1 BR 1 BA apartments. Middle building has one 2 BR 1 BA. Back building with newer siding has remodeled two 2 BR 2 BA units. 2nd floor has roof deck. All units have separate heat. The adjoining extra lot has a large newer 2 car cinder block & brick garage. Sold as is but with tons of potential and great possibilities! Located less than 5 min from I-55. Close to shopping, malls, restaurants, Charter Schools, Archer bus line at front door! Building is all owner occupied except for one unit. Family owned for 35 years. Neither seller or Broker make any representation as to the legality of the 2nd floor front. Apartment was split into 2 years before current ownership. RE taxes are $0 due to exemptions. 2019 second installment tax before exemptions = $3075. Address is 3327-29 S Archer and Back building address is 1857 W 33rd Place. Owner will entertain all reasonable offers.

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Touchstone Group. Based on information submitted to the MRED as of 2020-09-22T21:50:34.703 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    3327 Archer Avenue Chicago, IL 60608

    • Price: $788,800
    • Status: Active
    • Updated: 47 min ago
    • MLS #: 10825226
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    7,644
    SQFT
    $103
    $/SQFT
    1892
    Built
    Neighborhood:
    Chi - Mckinley Park
    County:
    Cook
    Area:
    Chi - Mckinley Park
    Property Description
    Attention Investors, Developers & Rehabbers. Perfect opportunity to invest in a prime location! This corner mixed use 5 apartments plus storefront brick & frame property with an extra lot is in a up & coming sought after area known for it convenience to downtown, I 55 & choice of two Orange line stops. Original 12 foot ceilings. 8 Bedrooms, 7 Baths. 3 separate basements 1 with walk out. Storefront use to be a Bar that opened to outdoor deck and yard with private access to one of the basements. Owner began gutting bar for project but stopped. Now used as storage. Front building contains storefront with 2 BA on the main floor. Upstairs has two 1 BR 1 BA apartments. Middle building has one 2 BR 1 BA. Back building with newer siding has remodeled two 2 BR 2 BA units. 2nd floor has roof deck. All units have separate heat. The adjoining extra lot has a large newer 2 car cinder block & brick garage. Sold as is but with tons of potential and great possibilities! Located less than 5 min from I-55. Close to shopping, malls, restaurants, Charter Schools, Archer bus line at front door! Building is all owner occupied except for one unit. Family owned for 35 years. Neither seller or Broker make any representation as to the legality of the 2nd floor front. Apartment was split into 2 years before current ownership. RE taxes are $0 due to exemptions. 2019 second installment tax before exemptions = $3075. Address is 3327-29 S Archer and Back building address is 1857 W 33rd Place. Owner will entertain all reasonable offers.
    Exterior Features

    Construction BrickWood Frame Location CornerPublic Transport Avail Lot Dimensions 50X125 Lot Sq Ft 6250 Number Of Parking Spaces 2 Roof Structure FlatPitched

    Interior Features

    Air Conditioning Central AirWindow Unit/S Fire Protection Smoke Or Fire Protectors Number Of Apts 5 Number Of Dishwashers 0 Number Of Dryers 1 Number Of Offices 0 Number Of Ranges 4 Number Of Refrigs 4 Number Of Stores 1 Number Of Stories 2 Number Of Washers 1

    Property Features

    Age Older Built Before1978 YN Yes Electrical Service Circuit Breakers Electricity Expense 0 Exterior Building Type Vinyl SidingBrick Fuel Expense 0 Geographic Locale Chicago South Gross Rental Income Amount 0 Heat Ventilation Forced AirGasWall Unit Insurance Expense 0 Lease Type N/A Number Of Tenants 6 Number Of Window Ac 4 Other Expenses 0 Owners Assoc YN No Possession ClosingTenant's Rights Rental Price 0 Tax Year 2019 Taxes 0 Tenant Pays Air ConditioningElectricHeat Total Annual Income 0 Total Monthly Income 0 Township South Chicago Unincorporated YN No Washer Dryer Lsd YN No Water Expense 1200 Zoning Type Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Home Sales Realty INC..


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Touchstone Group. Based on information submitted to the MRED as of 2020-09-22T21:50:34.703 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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    Touchstone Group
    2308 W North Avenue #C1
    Chicago IL, 60647