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32033300
32033303

4900 S Archer Ave, Chicago, IL 60632 For Sale

EG
IL 475157134
Jameson Sotheby's Intl Realty
Listed by Jameson Sotheby's Intl Realty
$3,600,000
80 days on market
Updated 2 days ago

Archer Medical Arts Building

Details
Property Type Retail, Multifamily (+1)
Sub Type Storefront, Medical Office (+1)
Square Footage 10,701
Units 5
Beds 7
Tenancy Single
Lease Type Modified
Class C
Year Built 1959
Stories 2
Lot Size (SqFt) 24,547
Zoning C2-3
Parking Spaces 33 spaces
Parking per 1,000 SqFt 3.08
Investment Type Core+
Ground Lease No

4900 S Archer Ave, Chicago, IL 60632

Marketing description

Rare Mixed-Use Property Available in the Archer Heights Neighborhood of Chicago. The 10,701 SF building consists of 3 medical office suites and 1 retail unit on the first floor, which totals 5,251 SF plus an additional 1,550 SF garage. The 2nd floor is a huge 3,900 SF residential apartment with 7 beds/3 baths plus an additional 900 SF rooftop deck. There is an additional 2,365 SF basement available for storage. The property has a land site footprint of 24,547 SF which includes a private fenced parking lot striped for 33 parking spaces. Great opportunity for an owner-operator as the existing C2-3 zoning allows for many uses. Tremendous location with high pedestrian traffic across the street from Curie H.S. and high vehicle traffic at the traffic signalized corner of Archer Avenue (25,200 VPD) and 49th Street, just east of Pulaski Road (26,200 VPD). There are several national retailers in the immediate area, including but not limited to Target, Jewel-Osco, Aldi, Pete's Market, Cermak Produce, Walgreens, McDonald's, Chase Bank, PNC and many others. Great public transportation available and within walking distance of the CTA Pulaski Orange Line Station.

Archer Heights Mixed-Use on the hard corner of Archer Avenue & 49th Street


Investment highlights

  • 10,701 SF building with 5 units
  • 24,547 SF land site
  • Private parking lot striped for 33 vehicles
  • Ideal for medical, office, or retail use
  • Zoned C2-3 for versatile commercial opportunities
  • 3 Medical Office Suites & 1 Retail Unit on 1st Floor
  • Huge 3,850 SF 7 bed/3 bath apartment on 2nd floor
  • 900 SF rooftop deck for added appeal
  • Generous 2,365 SF basement for storage or expansion opportunities
  • Surrounded by National & Regional Retailers
  • Video Link: https://www.youtube.com/watch?si=UjLqE0FYSD_cKfRn&v=bfZI_06z4Ok&feature=youtu.be

Listing Contacts

EG
IL 475157134
Jameson Sotheby's Intl Realty
Listed by Jameson Sotheby's Intl Realty

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