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Listed by Maria Castilloof RE/MAX Mi Casa
$649,000
Est. payment /mo
Price Dropped by $26K
4044-48 S ARCHER Avenue Chicago, IL 60632
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Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12586538
Year Built 1960
Annual Tax Amount $22,216
Tax Year 2024
Lot Dimensions PER SURVEY
Property Sub-Type Retail/Stores
Property Description
Outstanding investment opportunity in the heart of Brighton Park at the highly visible corner of Archer Ave and California Ave. This well-maintained brick commercial strip center features three retail storefronts, all fully leased with established long-term tenants, providing stable and consistent income from day one. Situated along one of the area's busiest commercial corridors, the property benefits from excellent street exposure and strong vehicle and pedestrian traffic, surrounded by established businesses and residential communities. In addition to the retail rental income, the property also generates additional revenue from a rooftop advertising sign, further enhancing its income potential. With three occupied units, steady cash flow, and a prime corner location, this property presents an excellent opportunity for investors seeking a reliable income-producing asset with future upside potential.
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
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