4425 South Archer Avenue

Chicago, IL 60632

$779,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

One of Brighton Park's finest mixed-use property with excellent income! Property is made up of 4 fully occupied retail storefronts and 6 residential apartment above all offering 1 bedroom and 1 bath. All units have individual forced air and hot water tanks. Tenants pay electric and gas. Building has new roof, new windows, new furnaces, a/c units. New tuckpointing and a rebuilt East wall. 10 parking spaces available along with ample street parking. All units have separate pins.One of Brighton Park's finest mixed-use property with excellent income! Property is made up of 4 fully occupied retail storefronts and 6 residential apartment above all offering 1 bedroom and 1 bath. All units have individual forced air and hot water tanks. Tenants pay electric and gas. Building has new roof, new windows, new furnaces, a/c units. New tuckpointing and a rebuilt East wall. 10 parking spaces available along with ample street parking. All units have separate pins.
  1. Listed by Ronald Ohr • Avenue 1 Realty Group

Property Details for 4425 South Archer Avenue

Area
CHI - Brighton Park
Zoning
COMMR

Location

Listing Courtesy of Avenue 1 Realty Group
Add your commute
LISTING UPDATED: 05/22/2024 03:00 AM

Property Details for 4425 South Archer Avenue

StatusActive
MLS #12055053
Days on Market24
Taxes$24,801 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1974
Lot Size0.14 AC / 6,225 SF
CountyCook County

Location

Listing Courtesy of Avenue 1 Realty Group
Add your commute

Building Information for 4425 South Archer Avenue

Stories-Residences10Year Built1974Lot Size0.14 AC / 6,225 SF

Payment Calculator

$6,318 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,251

Property Taxes

$2,067

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4425 South Archer Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
  • Open Parking Spaces: 10.0
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Chicago Southwest
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Central Air, Central Individual
  • Electric: Separate Meters
  • Heat/Ventilation: Forced Air,Gas
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 6
Utilities / Equipment
  • Utilities: Water-Municipal
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Lot Dimensions: 6225
  • Lot Size Square Feet: 6225.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Fire Protection: Fire Extinguisher/s,Hydrants On Site
  • Building Area Total: 10500
  • # Of Offices: 0
  • # Of Stores: 4
  • Property Sub Type: Mixed Use
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Commercial, Multi-Family, Retail
  • Buyer Financing: Conventional
  • Public Document Count: 0
  • Photos Count: 22
Miscellaneous
  • Location: Mixed Use Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 10
Income & Expenses
  • Electric Expense: $450.00
  • Fuel Expense: $.00
  • Gross Income: $108,000.00
  • Gross Scheduled Income: $108,000.00
  • Insurance Expense: $3,535.00
  • Electric Expense Source: Owner Projection
  • Known Encumbrances: None Known
  • Expense Year: 2022
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Owner Projection
  • Net Operating Income Year: 2022
  • Other Expense Source: Owner Projection
  • Trash Expense Source: Owner Projection
  • Total Monthly Income: 9000
  • Water Expense Source: Owner Projection
  • Net Operating Income: $56,424.00
  • Operating Expense: $37,484.00
  • Other Expense: $4,647.00
  • Trash Expense: $1,915.00
  • Water Sewer Expense: $2,500.00

Property History for 4425 South Archer Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4425 South Archer Avenue

Taxable ValueLand$2,217Additions$18,048Total$20,265
Tax Record2022$4,831 ($403 / month)
Home Facts
Total Finished SqFt2,700 SqFtAbove Grade Finished SqFt2,700 SqFtStories3Lot Size6,225 SqFtStyleCondominium OfficesYear Built1974CountyCOOKAPN19-02-413-031-1004

Schools near 4425 South Archer Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Columbia Explorers Elementary Academy
PublicPK to 8

Curie Metropolitan High School
Public9 to 12

Gunsaulus Elementary Scholastic Academy
PublicPK to 8

Pathways in Education Brighton Pa
Public9 to 12

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

4425 South Archer Avenue is a mixed use property for sale in Chicago, IL 60632. This property was listed for sale on May 15, 2024 by Avenue 1 Realty Group, it's currently listed at $779,000. This listing's school district is City Of Chicago School District 299. Nearby schools include Columbia Explorers Elementary Academy, Curie Metropolitan High School and Gunsaulus Elementary Scholastic Academy. 4425 South Archer Avenue is a 0-bed, 0-bath, mixed use property built in 1974.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Avenue 1 Realty Group

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. Based on information submitted to the MLS GRID as of 05/22/2024 03:00 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.