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$579,950

Est. payment - /mo

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6 Beds

5 Baths

Open Sun 12PM-2PM

6340 S Archer AVE Chicago, IL 60638

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

Open House

Sun Oct 05, 12:00pm - 2:00pm

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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

Lot Dimensions 4,500

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

Rooms

Basement Finished, Exterior Entry, Full

Interior

Heating Natural Gas, Radiant, Heat Pump

Equipment CO Detectors, Sump Pump, Multiple Water Heaters, Water Heater-Gas

Fireplace N

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

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Listed by Robert Lisak of Coldwell Banker Realty

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106