FOR SALE: Garfield Ridge Public Library Building

6348 S Archer Ave, Chicago, IL

Market Price

Price

$155,000

NOI

7,725 sqft

Building Size

Overview
NOI
$155,000
Building Size
7,725 sqft
Lot Area
0.44 acres
Year Built
2004
Zoning
B3-1
Description

MB Real Estate is pleased to present the opportunity to purchase 6348 S Archer Ave in Chicago, Illinois. The property was built in 2004 specifically as the City of Chicago’s Garfield Ridge Public Library branch. The branch is widely used and embraced by the community and the City will likely continue to operate this branch for many years to come. 6348 S Archer is an excellent opportunity for both a long-term investor as well as an owner-user, who if desired, can terminate the lease with the City of Chicago upon 120-day notice.

• 7,725 Rentable Square Foot Building
• 19,125 sq. ft. (153’ x 125’) Site Size
• Built in 2004
• Leased to City of Chicago thru 12/31/2024
• Landlord Early Termination / Owner-User Potential
• B3-1 Zoning / 1.2 FAR
• 23rd Ward (Alderman Silvana Tabares)
• ASKING PRICE: Subject to Offer

Documents
Title
OM
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Location
Gallery