5118 S Archer AVE new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60632
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12292062
Bedrooms 3
Year Built 1916
Annual Tax Amount $3,702
Tax Year 2023
Lot Dimensions 25X25
Property Sub-Type Two to Four Units
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.
Location
State IL
County Cook
Area Chi - Archer Heights
Rooms
Basement Full
Interior
Heating Radiator(s)
Fireplace N
Exterior
Parking Features Detached
Garage Spaces 4.0
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 299 ,299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany