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$ 475,000
Est. payment /mo
Price Dropped by $4K
2963 S Archer AVE Chicago, IL 60608
2,640 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,640 sqft
Price per Sqft $179
MLS Listing ID 12582595
Year Built 1883
Annual Tax Amount $5,907
Tax Year 2023
Lot Dimensions 25 X 110
Property Sub-Type Mixed Use
Property Description
Welcome to your new investment! This building is a long time money maker in the booming area of Bridgeport. This mixed use property has 2 apartments and a large commercial office space that can be used for almost anything. Thats 3 units that can produce income for under $500k So much potential here with several updates already in hand, NEW Roof, NEW electrical, NEW flood control system, etc. You will have a large storefront/Offices/apartment on the main level, an active producing AIRBNB 2 bedroom unit in the garden level and a 2 bedroom apartment upstairs all in one! Located in a High traffic area. Good income producing mixed use property in Bridgeport. Owner has taken good care of the building. The open space on the ground level can be used as office space, Real Estate office, medical office, dental, pop up business, etc. Features a nice size conference room, private office, full kitchen & full bathroom. The 2nd floor is apartment features 2 bedrooms & 1 bathroom. The garden unit is an AIRBNB featuring 2 bedrooms / 1 full bathroom, large kitchen and living room. Great income and room to grow. There are 3 parking spots in the rear. Great location. Great building. Well maintained. Located near the highway & public transportation. New construction in the works all around. 5 minutes away from Pilsen! Instant equity!
Location
State IL
County Cook
Area Chi - Bridgeport
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Building
Dwelling Type Mixed Use
Structure Type Aluminum Siding
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Listed by Antonio Sarmiento of 606 Brokers LLC