6656-6658 W Archer Avenue , Chicago, IL 60638
Chicago, IL 60638
Description
Attention investors! Great investment property to add to your portfolio. Commercial building located on a corner that has two store fronts that are both occupied with great tenants and businesses. Located on busy Archer Ave. with lots of traffic and business all around. 1st store front is 1400 square feet and is currently a tattoo shop and the 2nd store front is 1800 square feet and is currently Edible Arrangements. Building also comes with the largest signage on Archer Ave. There are 2 parking spaces behind the building and 12 slanted City parking spaces on side of building along with additional city parking on west side of street. Both tenants have 5-year leases and are currently in their 3rd year of lease. Tenants also have optional to renew for another 5-year lease when current leases expire. Each store front has separate utilities which tenants are responsible for. Owners are responsible for water bill, insurance and taxes. The building is for sale only not the businesses. Please do not approach or disturb the tenants.
Details
| MLS# | 12283211 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1984 |
| Days On Site | 9 |
| Listing Provided By | Chicagoland Brokers, Inc | Pamela Walsh |
Features
| SQ Feet | 3,200 |
|---|---|
| Story(s) | 1 |
| Units | 2 |
| Zoning | COMMR |
Market Activity 60638
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60638 |
| Area | CHI Garfield Ridge |
| Listing VS Median (in 60638) | |
Price: $495,000 low | high Med: $325,000 SqFt: 3,200 low | high Med: 1,676 $ / SqFt: $155 low | high Med: $225 On Site: 9 low | high Med: 301.000000 | |