3265 S Archer AVE new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60608
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 8,150 sqft
Price per Sqft $177
MLS Listing ID 12215769
Year Built 1879
Annual Tax Amount $15,238
Tax Year 2023
Lot Dimensions 75X135
Property Description
This beautifully maintained and thoughtfully updated corner building in Chicago's vibrant McKinley Park neighborhood offers a rare opportunity for investment or ownership. The property comprises two leased retail spaces and six updated apartments, including an expansive duplex loft that serves as an ideal owner's unit. Sunlight fills each unit, enhancing the property's welcoming ambiance and highlighting its high-quality finishes. Situated on a spacious lot, the building includes a two-car garage with street access to Archer Avenue, presenting an opportunity for conversion to additional retail space or continued use for income-generating parking. A large driveway provides extra parking options, a valuable asset in this sought-after neighborhood. Each apartment has been meticulously updated, with the owner's unit standing out at approximately 3,000 square feet. This exclusive residence features three bathrooms, including a luxurious sauna, adding a unique touch of comfort and relaxation. This property offers a versatile income-generating layout with strong potential for retail expansion, making it a premier investment in Chicago's growing McKinley Park community.
Location
State IL
County Cook
Area Chi - Mckinley Park
Zoning COMMR
Interior
Cooling Central Air,Central Individual
Fireplace N
Building
Dwelling Type Mixed Use
Level or Stories 3
Structure Type Brick