3265 S Archer Ave
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3265 S Archer Ave
Block of Flats £1,138,237 Chicago, IL 60608
Investment Highlights
- 8,150 SF building with 8 units
- Multifamily investment opportunity | Low-rise/garden style for tenant appeal
- Built in 1881, adding historic charm and zoned C1-2 for versatile use
- 100% occupancy for immediate income
- Potential for Additional Retail Unit
- Prime location in Chicago
Executive Summary
This beautifully maintained and thoughtfully updated corner building in Chicago’s vibrant McKinley Park neighborhood offers a rare opportunity for investment or ownership. The property comprises two leased retail spaces and six updated apartments, including an expansive duplex loft that serves as an ideal owner’s unit. Sunlight fills each unit, enhancing the property’s welcoming ambiance and highlighting its high-quality finishes.
Situated on a spacious lot, the building includes a two-car garage with street access to Archer Avenue, presenting an opportunity for conversion to additional retail space or continued use for income-generating parking. A large driveway provides extra parking options, a valuable asset in this sought-after neighborhood.
Each apartment has been meticulously updated, with the owner’s unit standing out at approximately 3,000 square feet. This exclusive residence features three bathrooms, including a luxurious sauna, adding a unique touch of comfort and relaxation.
This property offers a versatile income-generating layout with strong potential for retail expansion, making it a premier investment in Chicago’s growing McKinley Park community.
Situated on a spacious lot, the building includes a two-car garage with street access to Archer Avenue, presenting an opportunity for conversion to additional retail space or continued use for income-generating parking. A large driveway provides extra parking options, a valuable asset in this sought-after neighborhood.
Each apartment has been meticulously updated, with the owner’s unit standing out at approximately 3,000 square feet. This exclusive residence features three bathrooms, including a luxurious sauna, adding a unique touch of comfort and relaxation.
This property offers a versatile income-generating layout with strong potential for retail expansion, making it a premier investment in Chicago’s growing McKinley Park community.
Property Facts
Price | £1,138,237 | Building Class | C |
Sale Type | Investment | Lot Size | 0.08 AC |
Property Type | Residential | Building Size | 8,150 SF |
Property Subtype | Apartment | Number of Floors | 3 |
Apartment Style | Low Rise | Year Built | 1888 |
Price | £1,138,237 |
Sale Type | Investment |
Property Type | Residential |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.08 AC |
Building Size | 8,150 SF |
Number of Floors | 3 |
Year Built | 1888 |
Unit Amenities
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Smoke Detector
Walk Score ®
Very Walkable (80)
PROPERTY TAXES
Parcel Number | 17-31-212-027-0000 | Improvements Assessment | £45,080 |
Land Assessment | £11,615 | Total Assessment | £56,695 |
PROPERTY TAXES
Parcel Number
17-31-212-027-0000
Land Assessment
£11,615
Improvements Assessment
£45,080
Total Assessment
£56,695
zoning
Zoning Code | C2-1, Chicago |
C2-1, Chicago |
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3265 S Archer Ave
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