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$ 425,000
$ 495,000 14.1%
Est. payment | /mo
3,200 SqFt
$ 425,000
$ 495,000 14.1%
Est. payment | /mo
3,200 SqFt
Key Details
Sold Price $425,000
Property Type Commercial
Sub Type Retail/Stores
Listing Status Sold
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $132
MLS Listing ID 12283211
Sold Date 04/16/25
Year Built 1984
Annual Tax Amount $16,042
Tax Year 2022
Lot Dimensions 33.50X125
Property Sub-Type Retail/Stores
Property 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. Selling "as is"! The building is for sale only not the businesses. Please do not approach or disturb the tenants.
Location
State IL
County Cook
Area Chi - Garfield Ridge
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
Utilities Available Natural Gas Available, Sewer Connected, Water Available
Building
Level or Stories 1
Structure Type Brick

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Listed by Pamela Walsh • Chicagoland Brokers, Inc
Bought with Pamela Walsh • Chicagoland Brokers, Inc
Bought with Pamela Walsh • Chicagoland Brokers, Inc
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Sarah Leonard
Broker | Owner