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3115 S Archer Avenue,  Chicago IL, 60608

(Active)
$450,000
|
4,800 sqft
|
MLS# 12039763
Last Updated: 5/15/2024 6:09 PM
Description for 3115 S Archer Avenue Chicago, IL 60608
Pearson Realty Group been exclusively retained to sell 3 parcels at the SW corner of Ashland Ave and Archer Ave. The MLS ID's for the other 2 properties are #12039726 and #12039782. These 3 properties can be purchased individually, or all together as a package at a discounted price. This is a high traffic location with 26,500 VPD on Ashland and 23,400 VPD on Archer. Directly east across Ashland Ave is a Mariano's Anchored Retail Shopping Center. Commercial neighbors of this property include JC Licht/Ace Hardware, H&R Block, Subway, Burger King, O'Reilly Auto Parts, White Castle, Dollar Tree, T Mobile, Popeyes, Sherwin Williams, GNC, Great Clips, and Mattress Firm. This is the middle building of 3 located on the SW corner of Ashland and Archer. This is a 2 story building with a full basement. Each floor is approximately 1600 s.f. The first floor is occupied by a long time bar and music venue named One City Tap. The second floor is split up into 7 bedrooms, with 2 bathrooms and one kitchen. This 2nd floor area is licensed as an SRO, and any sale must follow the rules and regulations governing the transfer of an SRO property (click on link in Broker's Private Remarks). 3115 S. Archer Ave is being offered for sale individually for $450,000. This property is not being offered for lease.
Price
$450,000
Cook
4,800 (approx)
12039763
Active
Description
Pearson Realty Group been exclusively retained to sell 3 parcels at the SW corner of Ashland Ave and Archer Ave. The MLS ID's for the other 2 properties are #12039726 and #12039782. These 3 properties can be purchased individually, or all together as a package at a discounted price. This is a high traffic location with 26,500 VPD on Ashland and 23,400 VPD on Archer. Directly east across Ashland Ave is a Mariano's Anchored Retail Shopping Center. Commercial neighbors of this property include JC Licht/Ace Hardware, H&R Block, Subway, Burger King, O'Reilly Auto Parts, White Castle, Dollar Tree, T Mobile, Popeyes, Sherwin Williams, GNC, Great Clips, and Mattress Firm. This is the middle building of 3 located on the SW corner of Ashland and Archer. This is a 2 story building with a full basement. Each floor is approximately 1600 s.f. The first floor is occupied by a long time bar and music venue named One City Tap. The second floor is split up into 7 bedrooms, with 2 bathrooms and one kitchen. This 2nd floor area is licensed as an SRO, and any sale must follow the rules and regulations governing the transfer of an SRO property (click on link in Broker's Private Remarks). 3115 S. Archer Ave is being offered for sale individually for $450,000. This property is not being offered for lease.
Listing Information
Property Type: Mixed Use, Business Opportunities, 2 Story
0.05 Acres 4,800 (approx) 1877
2
8 Total
Neighborhood
Room Information
Interior Features
Central Air
Exterior / Lot Features
50.4X40X81.8X25
COMMR
Driving Directions
North or South on Ashland Ave to Archer Ave. Archer Ave is a diagonal street running SW to NE, so Archer Ave SW or NE to Ashland Ave. This property is the middle property at the SW corner of Ashland and Archer Aves.
Financial Considerations
17312060100000
$3,553
Listing Price History

Chicago Real Estate

Chicago is located in Illinois. Chicago, Illinois 60608 has a population of 2,781,445.

The median household income in Chicago, Illinois 60608 is $56,106. The median household income for the surrounding county is $68,916 compared to the national median of $66,222. The median age of people living in Chicago 60608 is 38 years.

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Courtesy: Pearson Realty Group
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/15/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.

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This content last refreshed on 5/15/2024 6:09 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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