5805 S Archer Ave | Chicago, IL 60638
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- LoopNet Team
5805 S Archer Ave
Chicago, IL 60638
A OK Automotive · Retail Property For Sale
Investment Highlights
- 14,624-Sq.Ft. Auto Repair Center With 3.9 Years Remaining on a NNN Lease and 3% Annual Rental Increases | $120k in Recent Building Improvements
- Property Features 7 Bay Doors with Outdoor Storage Lot on +/-0.46 Acres
- Strongly Positioned Along Archer Avenue Seeing 20,000+ VPD | 0.3 Miles From Chicago Midway International Airport | 1 Mile From Interstate 55
- Established Business: Tenant Has Operated at This Location for Over 30 Years
- Tenant Pays $1,450/M Towards Taxes, Insurance, Management, CAM and Reconciles Difference at End of The Year
- Dense Demographics | 691,900+ Residents Within 5-Miles | Average Household Incomes in Excess of $88,100 within 1-Mile Radius | 11 Miles from Downtown
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
14,624 SF
Building Class
C
Year Built
1961
Tenancy
Single
Building Height
1 Story
Building FAR
0.73
Lot Size
0.46 AC
Zoning
M1-1
Parking
9 Spaces (0.62 Spaces per 1,000 SF Leased)
Frontage
49 FT on South Archer Avenue
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $82,956 | |
| Land Assessment | $24,299 | Total Assessment | $107,255 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$24,299
Improvements Assessment
$82,956
Total Assessment
$107,255
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