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2904 S Archer AVE Chicago, IL 60608
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Key Details
Sold Price $595,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12086820
Sold Date 01/27/25
Year Built 1881
Annual Tax Amount $9,667
Tax Year 2022
Lot Dimensions 3984
Property Sub-Type Mixed Use
Property Description
Purchase the building as-is, conduct necessary repairs and renovations, and then rent out all units for steady rental income. With its vintage look and prominent location visible from I-55, it could attract tenants looking for a mix of charm and convenience. Retain the flower shop on the ground level and convert the upper floors (4 units over the shop) into modern, upscale apartments and a full unfinished basement. The building needs TLC and a new roof.
Location
State IL
County Cook
Area Chi - Bridgeport
Interior
Cooling None
Fireplace N
Building
Level or Stories 3
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Bought with Josephine Wang • Concentric Realty Inc.