Bridgeport/McKinley Park 8-Unit
$1,195,000
3265 S Archer Ave, Chicago, IL 60608
8,150 sqft
Building Size
0.1688 acres
Lot Area
Details:
Highlights:
- 8,150 SF building with 8 units
- Zoned C1-2 for versatile use
- Prime location in Chicago
- Multifamily investment opportunity
- Low-rise/garden style for tenant appeal
- Potential for Additional Retail/Apartment Unit
Description:
This beautifully maintained and thoughtfully updated corner building consists of six apartments and two retail spaces. The retail units have been intentionally left vacant, offering the new owner the opportunity to convert them into residential units, as permitted by the recently approved ordinance 17-13-1000 with Zoning Administrator approval. Five of the six apartments have been updated, including an expansive duplex loft ideal as an owner’s unit, featuring large windows, a high-end kitchen with Viking appliances, and a spa-like bathroom with a Jacuzzi tub and sauna. Abundant natural light enhances each unit, showcasing the property’s quality finishes and inviting atmosphere.
Located on a generous lot with street frontage along Archer Avenue, the building also includes a two-car garage with high ceilings—presenting potential for conversion into additional residential or retail space, or continued use as income-generating parking. A large driveway provides additional parking, a valuable amenity in this desirable neighborhood.
Major Price Reduction - Building to be sold with current violations in place. Discover the vibrant surroundings of this Chicago neighborhood, where the energy of the city meets the comforts of home. The area offers an array of amenities, from eclectic dining and entertainment options to lush green spaces and cultural attractions. Nearby, the iconic McKinley Park provides a peaceful retreat for relaxation and recreation, while the historic Bridgeport neighborhood is a source of rich cultural heritage. With convenient access to public transportation and major roadways, the location is ideal for those seeking a dynamic urban lifestyle within a dynamic and well-connected community.
Documents:
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3265_S_Archer___Sales_Offering.pdf |
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