2963 S Archer Ave

$499,900
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to your new investment! This building is a long time money maker in a booming area. 3 UNITS = Legally certified 2 apartments & 1 commercial large space. So much potential here with several updates already in hand, NEW Roof, NEW electrical, NEW flood control system, etc. You will have a large storefront/Offices/apartment on the main level, an active producing AIRBNB 2 bedroom unit in the garden level and a 2 bedroom apartment upstairs all in one! Located in a High traffic area. Good income...Welcome to your new investment! This building is a long time money maker in a booming area. 3 UNITS = Legally certified 2 apartments & 1 commercial large space. So much potential here with several updates already in hand, NEW Roof, NEW electrical, NEW flood control system, etc. You will have a large storefront/Offices/apartment on the main level, an active producing AIRBNB 2 bedroom unit in the garden level and a 2 bedroom apartment upstairs all in one! Located in a High traffic area. Good income producing mixed use property in Bridgeport. Owner has taken good care of the building. The open space on the ground level can be used as office space, Real Estate office, medical office, dental, pop up business, etc. Features a nice size conference room, private office, full kitchen & full bathroom. The 2nd floor is a legal 2 bedroom/1 bathroom apartment. The garden unit is an AIRBNB legal apartment featuring 2 bedrooms / 1 full bathroom, large kitchen and living room. Great income and room to grow. There are 3 parking spots in the rear. Great location. Great building. Well maintained. Located near the highway & public transportation. New construction in the works all around. 5 minutes away from Pilsen - Recently certified 2 apartments + Store/office front, Total 3 units
  1. Listed by Antonio Sarmiento • 606 Brokers LLC
    P: (773)-870-5101 antonio@606brokers.com

Property Details for 2963 South Archer Avenue

Area
CHI - Bridgeport
Township
South Chicago
Air Conditioning Type
Window Unit(s)
Zoning
MULTI
LISTING UPDATED: 11/24/2025 04:42 PM

Property Details for 2963 South Archer Avenue

StatusActive
MLS #12511116
Days on Market41
Taxes$5,908 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1883
Lot Size0.06 AC / 2,710 SF
CountyCook County

Location

Listing Courtesy of 606 Brokers LLC
Add your commute

Building Information for 2963 South Archer Avenue

Stories2Residences3Year Built1883Lot Size0.06 AC / 2,710 SF

Payment Calculator

$2,963 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,470

Property Taxes

$492

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2963 South Archer Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Chicago South,Chicago Southwest
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Estimated Tax/Sf: 0
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Electric: Circuit Breakers, Service - 0 to 100 Amps
  • Heat/Ventilation: Radiators
  • # Of Window/Ac: 1
  • Misc Inside: Multi-Tenant
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
Property/Lot Information
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 25 X 110
  • Lot Size Square Feet: 2710.0
  • Stories: 2
  • Construction: Aluminum Siding
  • Fire Protection: None
  • Roof Structure: Other
  • Foundation Details: Other
  • Building Area Total: 2640
  • # Of Offices: 1
  • Office SqFt: 1100
  • # Of Stores: 0
  • Property Sub Type: Mixed Use
Property and Assessments
  • Possible Use: Commercial, Office, Multi-Family, Retail
  • Buyer Financing: Conventional, Cash, Negotiable
  • Public Document Count: 0
  • Photos Count: 28
  • Estimated Cam/Sf: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Electric Expense: $135.00
  • Fuel Expense: $300.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $245.00
  • Electric Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 0
  • Water Expense Source: Actual
  • Other Expense: $.00
  • Trash Expense: $75.00
  • Water Sewer Expense: $75.00

Property History for 2963 South Archer Avenue

DateEvent & SourcePriceAppreciation
Nov 24, 2025

Cancelled

MRED #12523248

$499,900
Nov 24, 2025

Listed (Active)

MRED #12523248

$499,900
Nov 4, 2025

Listed (Active)

MRED #12511116

$499,900
Nov 4, 2025

Cancelled

MRED #12499679

$510,000
Oct 20, 2025

Cancelled

MRED #12451670

$520,000
Oct 20, 2025

Listed (Active)

MRED #12499679

$515,000
Sep 30, 2025

Price Change

MRED #12451670

$530,000
Sep 2, 2025

Price Change

MRED #12451670

$540,000
Aug 20, 2025

Cancelled

MRED #12440545

$569,000
Aug 20, 2025

Listed (Active)

MRED #12451670

$549,900
Aug 7, 2025

Cancelled

MRED #12403365

$585,000
Aug 7, 2025

Listed (Active)

MRED #12440545

$569,000
Jul 22, 2025

Price Change

MRED #12403365

$587,606
Jun 25, 2025

Listed (Active)

MRED #12403365

$599,000
Nov 25, 2024

Cancelled

MRED #12147978

$515,000
Aug 26, 2024

Cancelled

MRED #12075668

$510,000
Aug 26, 2024

Listed (Active)

MRED #12147978

$515,000
Aug 5, 2024

Price Change

MRED #12075668

$515,000
Jul 29, 2024

Price Change

MRED #12075668

$520,000
Jul 12, 2024

Price Change

MRED #12075668

$525,000
Jul 5, 2024

Price Change

MRED #12075668

$529,000
Jun 26, 2024

Price Change

MRED #12075668

$535,000
Jun 14, 2024

Price Change

MRED #12075668

$539,900
Jun 11, 2024

Price Change

MRED #12075668

$545,000
Jun 5, 2024

Cancelled

MRED #12042975

$569,000
Jun 5, 2024

Listed (Active)

MRED #12075668

$549,900
May 29, 2024

Price Change

MRED #12042975

$574,900
May 21, 2024

Price Change

MRED #12042975

$579,000
May 15, 2024

Price Change

MRED #12042975

$584,900
May 7, 2024

Price Change

MRED #12042975

$589,990
Apr 30, 2024

Cancelled

MRED #12001186

$606,000
Apr 30, 2024

Listed (Active)

MRED #12042975

$599,900
Mar 11, 2024

Cancelled

MRED #11957052

$604,777
Mar 11, 2024

Listed (Active)

MRED #12001186

$606,000
Jan 6, 2024

Cancelled

MRED #11899986

$607,007
Jan 6, 2024

Listed (Active)

MRED #11957052

$607,000
Oct 24, 2023

Price Change

MRED #11899986

$615,000
Oct 16, 2023

Price Change

MRED #11899986

$624,000
Oct 3, 2023

Cancelled

MRED #11876459

$635,000
Oct 3, 2023

Listed (Active)

MRED #11899986

$630,000
Sep 21, 2023

Price Change

MRED #11876459

$639,000
Sep 5, 2023

Listed (Active)

MRED #11876459

$675,000
DateEvent & SourcePrice
11/24/2025

Cancelled

MRED #12523248

$499,900
11/24/2025

Listed (Active)

MRED #12523248

$499,900
11/04/2025

Listed (Active)

MRED #12511116

$499,900
11/04/2025

Cancelled

MRED #12499679

$510,000
10/20/2025

Cancelled

MRED #12451670

$520,000
10/20/2025

Listed (Active)

MRED #12499679

$515,000
09/30/2025

Price Change

MRED #12451670

$530,000
09/02/2025

Price Change

MRED #12451670

$540,000
08/20/2025

Cancelled

MRED #12440545

$569,000
08/20/2025

Listed (Active)

MRED #12451670

$549,900
08/07/2025

Cancelled

MRED #12403365

$585,000
08/07/2025

Listed (Active)

MRED #12440545

$569,000
07/22/2025

Price Change

MRED #12403365

$587,606
06/25/2025

Listed (Active)

MRED #12403365

$599,000
11/25/2024

Cancelled

MRED #12147978

$515,000
08/26/2024

Cancelled

MRED #12075668

$510,000
08/26/2024

Listed (Active)

MRED #12147978

$515,000
08/05/2024

Price Change

MRED #12075668

$515,000
07/29/2024

Price Change

MRED #12075668

$520,000
07/12/2024

Price Change

MRED #12075668

$525,000
07/05/2024

Price Change

MRED #12075668

$529,000
06/26/2024

Price Change

MRED #12075668

$535,000
06/14/2024

Price Change

MRED #12075668

$539,900
06/11/2024

Price Change

MRED #12075668

$545,000
06/05/2024

Cancelled

MRED #12042975

$569,000
06/05/2024

Listed (Active)

MRED #12075668

$549,900
05/29/2024

Price Change

MRED #12042975

$574,900
05/21/2024

Price Change

MRED #12042975

$579,000
05/15/2024

Price Change

MRED #12042975

$584,900
05/07/2024

Price Change

MRED #12042975

$589,990
04/30/2024

Cancelled

MRED #12001186

$606,000
04/30/2024

Listed (Active)

MRED #12042975

$599,900
03/11/2024

Cancelled

MRED #11957052

$604,777
03/11/2024

Listed (Active)

MRED #12001186

$606,000
01/06/2024

Cancelled

MRED #11899986

$607,007
01/06/2024

Listed (Active)

MRED #11957052

$607,000
10/24/2023

Price Change

MRED #11899986

$615,000
10/16/2023

Price Change

MRED #11899986

$624,000
10/03/2023

Cancelled

MRED #11876459

$635,000
10/03/2023

Listed (Active)

MRED #11899986

$630,000
09/21/2023

Price Change

MRED #11876459

$639,000
09/05/2023

Listed (Active)

MRED #11876459

$675,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2963 South Archer Avenue

Taxable ValueLand$10,840Additions$17,160Total$28,000
Tax Record2023$5,908 ($492 / month)
Home Facts
Baths3.5Total Finished SqFt2,640 SqFtAbove Grade Finished SqFt2,640 SqFtStories2Lot Size2,710 SqFtStyleMulti-Family Res (5+ Units)Year Built1886CountyCOOKAPN17-29-322-015

Schools near 2963 South Archer Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Charter - 9 to 12
Public - K to 8
Charter - K to 8
Rating
School
Distance
Holden Elementary School
PublicPK to 8

Ijla Charter High School
Charter9 to 12

Namaste Elementary Charter School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

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2963 South Archer Avenue is a mixed use property for sale in Chicago, IL 60608. This property was listed for sale on November 4, 2025 by 606 Brokers LLC, it's currently listed at $499,900. This listing's school district is Chicago Public Schools. Nearby schools include Holden Elementary School, Ijla Charter High School and Sheridan Elementary Math & Science Academy. 2963 South Archer Avenue is a 0-bed, 0-bath, mixed use property built in 1883.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of 606 Brokers LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/24/2025 04:42 PM. 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.