5118 South Archer, Chicago IL 60632
- Units 3
- Total Beds 3
- Total Baths 2.1
- Taxes $3,702
- Payment Estimate View Mortgage Calculator
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Property Description
YOUR OPPORTUNITY TO OWN THIS MIXED-USE PROPERTY LOCATED IN THE HEART OF ARCHER HEIGHTS IS HERE! PRIME LOCATION! EASY ACCESS TO I-55 HIGHWAY, MIDWAY AIRPORT, ORANGE LINE AND CANNOT BEAT THE EASY ACCESS TO PUBLIC TRANSPORTATION - CTA IS RIGHT ACROSS THE STREET, ALL MAJOR STORES ARE ALSO NEARBY. THIS ALL BRICK BUILDING BRINGS SO MUCH INCOME POTENTIAL. THE OFFICE HAS GONE THROUGH A BEAUTIFUL FULL REMODEL IN 2022 WITH A HALF BATHROOM, PERSONAL OFFICE SPACE, 5 WORK STATIONS AND AN INVITING RECEPTION/WAITING AREA. FIRST LEVEL ALSO INCLUDES A BACK STUDIO WITH KITCHEN, FULL BATHROOM, SLEEP/TV AREA. CENTRAL AIR IS AVAILABLE IN OFFICE AND STUDIO APARTMENT. THE 2ND FLOOR APARTMENT HAS 3 GOOD SIZE BEDROOMS WITH CLOSET SPACE FOR EACH, FULL BATHROOM, KITCHEN, FORMAL DINING, LIVING ROOM IN OPEN CONCEPT, 2 LARGE ADDITIONAL CLOSETS AND PORCH AREA TO RELAX. ALL BEDROOMS HAVE NEW FLOORS AND STAINLESS STEEL APPLIANCES STAY (REFRIGERATOR AND OVEN-RANGE PURCHASED NEW IN 2021). THIS BRICK BEAUTY ALSO HAS A FULL UNFINISHED BASEMENT WITH WASHER/DRYER HOOK UP SET UP AND A 4 CAR GARAGE! LOTS OF POTENTIAL FOR YOUR NEW IDEAS. OPEN YOUR NEW BUSINESS IN THIS AMAZING WELL-SOUGHT OUT AREA. BRAND NEW NOISE REDUCTION AND HEAT/COLD PROOF WINDOWS PROFESSIONALLY INSTALLED IN 2ND UNIT APARTMENT (JULY 2022) AND BRAND NEW FURNACE PROFESSIONALLY INSTALLED (JAN 2023). CURRENTLY RENT 2ND UNIT M/M BASIS (UNDER MARKET VALUE FOR PRIME LOCATION), OFFICE, STUDIO IS ALSO RENTED , CHIMENEY CLEANED PROFESSIONALY JANUARY 2025. BASEMENT & GARAGE ARE CURRENTLY NOT RENTED. THIS MONEY MAKING MACHINE WILL BRING PRIDE IN OWNERSHIP. SCHEDULE YOUR APPOINTMENT TODAY BEFORE IT'S GONE! SOLD AS IS WILL PASS FHA.
Features & Information
Key Details
- List Price $419,000
- Property Taxes $3,702
- Price/ Sq. Ft. Unavailable
- Year Built 1916
- Parking Type Garage
- Status Active
Rooms
- Total Rooms 12
- Basement F
Exterior Features
-
Parking
- Parking Details Garage
- # of Cars: 4
- # of Garage Spaces: Garage Door Opener(s),Transmitter(s)
Building Information
- Number of Units 3
- Age of Building 100+ Years
- Exterior Construction Brick
- Heating & Cooling Radiators
-
Units
- Unit 1 Refrigerator
- Unit 2 Stove, Refrigerator
- Unit 3 Refrigerator
Location
- County Cook
- Township Lake
- Corporate Limits Chicago
- Directions to Property Ulaski To Archer/west To Property
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 3702
- Tax Year 2023
- Tax Exemptions Homeowner
- Parcel Identification Number 19102260190000
Utilities
- Sewer Sewer-Publ
Listed by Vanessa Villalva for Midwest Realty Executives LLC | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 2/23/2025 4:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Explore Archer Heights
A working-class neighborhood near Midway International Airport, Archer Heights has seen an increase in the number of manufacturing and transportation facilities within its borders over the years. The community has recently grown in popularity as Midway Airport has undergone major renovations, becoming a welcome alternative to busy O'Hare International Airport. The changes have prompted fresh interest in Archer Heights, and an influx of new residents is giving this family-oriented neighborhood a much more cosmopolitan feel. Corner delis and markets, a smattering of bars and restaurants, and a couple big box shopping outlets along 47th Street, Pulaski Road and Archer Avenue provide all the conveniences of city living. Still, backyard barbecues and neighborly chats over the fence are commonplace here, and are one of the reasons Archer Heights residents stick around for years.
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