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4222 S Archer Avenue
$388,000
Favorite
8,900
square ft

4222 S Archer Avenue

Chicago, Illinois 60632
Closed / MLS #10973757 / Retail Store / Brighton Park
Listing information updated 3/3/2021 at 3:43pm
10 CAP at 50% occupancy offers exceptional land bank, buy hold or creative mixed use redevelopment opportunity in the Heart of Brighton Park directly in the path of progress. 18,379 land site, with 6 single story retail stores and 18 parking spaces zoned B1-3. Value priced opportunity at $21.00 per square foot. Taxes have been contested with high probability of reduction. Prospective purchaser would be responsible for a prorated share of fee based on final determination. All leases are gross, low operating expenses. Survey, rent roll and P & L available. Do not disturb existing tenants. Sold AS IS

Full Features

Built:
1930
Parking Spaces:
18
Cooling System:
Central Air,Central Individual
Stories:
1
Current Use:
Commercial
Zoning:
MULTI
Rentable Square Feet:
2,000
Building Square Feet:
8,900
Current Net Income:
$34,238

Taxes & Assessments

Tax Amount:
$30,840
Tax Year:
N/A

Location

Zip Code:
60632
City:
Chicago
County:
Cook

Listing Office: North Clybourn Group, Inc.

Listing Office Phone: 773.252.0600

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 3/3/2021 at 3:43pm. 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.

Brighton Park, IL

Brighton Park’s destiny has always been closely tied to transportation. In the early days, horse-drawn streetcars and later electric railways attracted factories and their workers to the peaceful Southwest Side neighborhood. As the railways expanded, so did the neighborhood, which provided conveni...

CTA

CTA
Orange line at Kedzie
$297,449
Average Sale Price
72
Average Days On The Market
96%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 4222 S Archer Avenue, Chicago, IL 60632

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4222 S Archer Avenue is a retail store which sold for $388,000. This retail store has been listed on @properties since January 18th, 2021 and was built in 1930. The nearest transit stops include Kedzie CTA Orange line.

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