Chicago, IL 60608,2904 S Archer AVE
Chicago, IL 60608,2904 S Archer AVE
Chicago, IL 60608,2904 S Archer AVE
$595,000
Est. payment /mo
$599,900
0.8%
Est.Price: ?

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SOLD DATE : 01/27/2025

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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Midwest Real Estate Data (MRED) IDX
Listed by Rafael Ruiz • Ruiz Realty, Inc.
Bought with Josephine Wang • Concentric Realty Inc.

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