5546-5550 S Archer Ave
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5546-5550 S Archer Ave
2 Properties Offered at $375,000 in Chicago, IL
Investment Highlights
- Situated on Archer Ave. with a high traffic count
- Easy access to I55
Executive Summary
Exceptional Commercial property in a prime location on busy Archer Ave in Garfield Ridge with maximum exposure. Rarely available, the property offers 3264 sq. ft. commercial building with 3 separate store fronts on (48 x 125 sq. ft. lot with 14 to 18 space parking lot.. It is well situated on Archer Ave. with a high traffic count (32,000+VPD). Great visibility, big signage to street for added advertisement. Surrounded by thriving businesses. Zoned B3, which offers a multitude of uses. Property has been very well maintained, consisting of a kitchen, dining area with ample seating, walk-in-cooler, 4 restrooms, storage and, 3 separate furnaces / A/C units. HWT 2016. Just a few blocks from Cicero / Archer Intersection, easy access to I'55, 4 blocks to Midway airport. Strong area demographics. Numerous area national tenants including Aldi, Walgreens, Jewel-Osco, Portillo's Beggar's Pizza. Lots of potential to own and operate your business or collect rent for added income. Owner is willing to offer up to $16,000 roof repair credit. Property being sold "AS-IS". Asking price is $500,000 with $100,000 in owner financing.
Property Facts
| Price | $375,000 | Status | Under Contract |
| Price / SF | $117.19 / SF | Number of Properties | 2 |
| Sale Conditions | Deferred Maintenance | Individually For Sale | 0 |
| Cap Rate | 10.27% | Total Building Size | 3,200 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.35 AC |
| Price | $375,000 |
| Price / SF | $117.19 / SF |
| Sale Conditions | Deferred Maintenance |
| Cap Rate | 10.27% |
| Sale Type | Investment or Owner User |
| Status | Under Contract |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 3,200 SF |
| Total Land Area | 0.35 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 5546 S Archer Ave, Chicago, IL 60638 | Office | 1,000 SF | 1940 | - |
| 5548-5550 S Archer Ave, Chicago, IL 60638 | Retail | 2,200 SF | 1940 | - |
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5546-5550 S Archer Ave
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