6340 S Archer AVE Open House Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60638
OPEN HOUSE
Sun Oct 05, 12:00pm - 2:00pm
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12483647
Bedrooms 6
Year Built 1977
Annual Tax Amount $6,330
Tax Year 2023
Property Sub-Type Two to Four Units
Property Description
Rare opportunity to own a fully occupied, all-brick mixed use 3-unit building in the highly desirable Garfield Ridge neighborhood of Chicago. This well-maintained property features two spacious residential units on the 1st and 2nd floors, each offering 3 bedrooms, 1.5 baths, hardwood flooring, granite countertops, and updated finishes throughout. The ground level includes a commercial space currently operating as a salon with a full bath and attached office/kitchen, providing excellent income potential. Additional highlights include a coin-operated laundry, a private backyard with great condition concrete patio and walkways, a detached 2-car garage, and plenty of storage or space for grilling. Recent updates include a new roof, gutters, and soffits (2021), sump pump (2024), hot water boilers (2015), newer water heaters, radiant heat added in the ground unit (2022), and upgraded vinyl windows throughout. With reliable tenants, timely rent payments, and a prime location across from Bank of America, next to the Chicago Public Library, and within the sought-after Byrne and Kennedy School Districts, this property offers strong long-term value. Convenient CTA access and nearby shopping and dining make this an investment you won't want to miss...Selling "as is". Showing's by appointment only - Contact Listing Agent... Commercial Financing Only or Cash to purchase. Mixed Use Building... FHA/VA or Traditional Financing not applicable.
Location
State IL
County Cook
Area Chi - Garfield Ridge
Interior
Heating Natural Gas,Radiant,Heat Pump
Equipment CO Detectors,Sump Pump,Multiple Water Heaters,Water Heater-Gas
Exterior
Garage Spaces 2.0
Community Features Sidewalks,Street Lights
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
Elementary Schools Byrne Elementary School
High Schools Kennedy High School
School District 299 ,299, 299
Others
Special Listing Condition List Broker Must Accompany