Last Updated: 12/2/2016 11:43 AM
Description for 3000 S Archer Avenue Chicago, IL 60608
Entire Mixed Use Building was Gut Rehabbed from top to bottom. Current use is a 3000 Square Foot Commercial Space and 4 condo ready Loft Units. Building total square footage is 8640 SQ FT plus a huge basement with a 7 foot ceiling. Each unit is approximately 1400 SQ FT with soaring 12 foot ceilings, 9 foot windows, exposed brick and timber. Hardwood floors throughout. In unit Laundry in each unit. Gross Income is over $110,000 with potential to increase rents. Perfect for a work live space/Artist Loft or keep as an investment. Building is perfect for condos! 3 outdoor parking spaces. Units have Gas forced heat and air. Great location walk to Orange Line or CTA. Just minutes from Chicago's Downtown/Lakefront/Museum Campus ect... Owners unit rent estimated at $2,000/month. Potential for additional income w/ signage on building.
Forced Air, Central
Exterior / Lot Features
3 Parking Spaces,
Corner, Public Transport, City Road
Archer Avenue a few blocks East of Ashland on North Side of Archer
Listing Price History
Chicago Real Estate
Chicago is located in Illinois. Chicago, Illinois 60608 has a population of 2,702,471.
The median household income in Chicago, Illinois 60608 is $47,408. The median household income for the surrounding county is $54,648 compared to the national median of $53,046. The median age of people living in Chicago 60608 is 33.1 years.
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