$588,000
$600,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
3327 S Archer AVE Chicago, IL 60608
7,644 SqFt
Key Details
Sold Price $588,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 7,644 sqft
Price per Sqft $76
MLS Listing ID 11946757
Sold Date 12/13/23
Year Built 1892
Annual Tax Amount $9,788
Tax Year 2022
Lot Size 6,098 Sqft
Lot Dimensions 50X125
Property Sub-Type Multi Family 5+
Property Description
Amazing opportunity for developer or investor in prime McKinley Park location! Partially rehabbed brick & frame corner mixed use building with 5 apartments, approximately 1100 sf storefront with 12-foot ceilings that used to be a bar, 2.5 car brick/block garage & additional side lot. Rear building has been completely remodeled with newer siding & two 2 Bed/1 Bath units with central air, new white kitchens featuring quartz countertops & SS appliances, new laminate flooring & newly remodeled bathrooms. 2nd floor rear unit has access to large roof deck. Both rear units are currently rented with signed leases. Front building contains storefront with two separate 1/2 bathrooms and a 2 bed/1 bath apartment on the 1st floor. 2nd floor has two 1 Bed/1 Bath apartments. Entire front building is vacant & needs rehab. Neither seller nor broker represent the legality of the 2nd floor front unit. The 2nd floor was divided into two units by a prior owner. Correct address is 3327-29 S Archer (Front building) and 1857 W 33rd Place (Rear building). Great location with easy access to downtown, I-55, Archer bus stop, CTA Orange line, Target, Starbucks, shopping & restaurants!
Location
State IL
County Cook
Area Chi - Mckinley Park
Zoning COMMR
Rooms
Basement Unfinished, Exterior Entry
Interior
Cooling Central Air, Window Unit(s)
Fireplace N
Exterior
Utilities Available Sewer Connected, Water Available
Roof Type Fiberglass,Reflective Coating,Rubber
Building
Sewer Storm Sewer
Level or Stories 2
Structure Type Brick,Vinyl Siding
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Bought with Lona Reiling • EXIT Strategy Realty