6842-44 W. Archer Ave. - 6842-44 W Archer Ave, Chicago, IL 60638
For Sale
For Sale
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Year Built
1960 (Renovated 2018)
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Overview
Great investment opportunity on Archer Ave in B1 district with low property taxes!
Prime exposure on this Garfield Ridge location at 6842-44 W. Archer Ave. Brick 2 storefront building with daily heavy car traffic and minutes away from Midway Airport . Ample street parking for clients and employee parking in back.Building has newer facade,A/C units, roof, windows and doors . 100% leased with an opportunity to start or expand your business in one of the storefronts. Tenant 1 is on MTM and a cell phone repair and video business. Tenant 1 can move on (or stay, your choice) and you can bring your own ideas for the space. Tenant 2 is a well established spa with grandafathered rights by the city as the only one if its kind in the area that has been in this location for 17 years with a strong clientele following. Great opportunity for professional law, CPA, real estate, medical or specialty storefront for yoga, dance,pet supply, musical instruction, convenience, fast food or other specialization.
Vacant lot next door is also available for lease or purchase separately if you wish to make a drive thru, out door seating area or parking. Bring your ideas! Positive income flow! Each unit is 2000 square feet. Tenants pay own utilities. 2017 Taxes are $12,831.69 and reflect a successul appeal. Call for your private showing today!Contact the listing broker directly for all showings.
For Lease
6842-44 W. Archer Ave
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Time on Market
almost 6 years
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Space ID
1662343
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Overview
Brick Building
Newer front facade, A/C units, roof, windows and doors
Tenant #1 can stay or make way for your new or growing business
Tenant #2 is an established spa business with strong client following
Ample Street Parking
Heavy Car Traffic on Archer Ave. 15K- 30K car count
Near Midway Airport (MDW)
Low Property taxes
Property Details
Great investment opportunity on Archer Ave in B1 district with low property taxes!
Prime exposure on this Garfield Ridge location at 6842-44 W. Archer Ave. Brick 2 storefront building with daily heavy car traffic and minutes away from Midway Airport . Ample street parking for clients and employee parking in back.
Building has newer facade,A/C units, roof, windows and doors . 100% leased with an opportunity to start or expand your business in one of the storefronts. Tenant 1 is on MTM and a cell phone repair and video business. Tenant 1 can move on (or stay, your choice) and you can bring your own ideas for the space. Tenant 2 is a well established spa with grandafathered rights by the city as the only one if its kind in the area that has been in this location for 17 years with a strong clientele following. Great opportunity for professional law, CPA, real estate, medical or specialty storefront for yoga, dance,pet supply, musical instruction, convenience, fast food or other specialization.
Vacant lot next door is also available for lease or purchase separately if you wish to make a drive thru, out door seating area or parking. Bring your ideas! Positive income flow! Each unit is 2000 square feet. Tenants pay own utilities. 2017 Taxes are $12,831.69 and reflect a successul appeal. Call for your private showing today!Contact the listing broker directly for all showings.
- Property TypeOffice/Retail Mixed
- Amenities
- A/C
- Internet
- Dog friendly
- Free Parking
- Reception
- Bikes allowed
- Ready to move in
- Onsite parking
- Airport access
- Submarket
- Year Built1960Renovated 2018
- Sale Price$386,000
- Total Building Size2,000RSF
- Number of Floors1
- Largest Contiguous4,000RSF
- Number of Buildings1
- Typical Floor4,000RSF
- Building ClassBusiness
- Parking Rate$0.00
- ZoningB1
- Will build to suitNo
- SewerYes
- Corner lotNo
- Property ID2022180
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