Listing provided courtesy of Sperry Van NessMREDas Distributed by MLSGrid- MLS# 12644699MLS Provider

3265 S Archer AvenueChicago, IL 60608

Commercial · 8,150 Sq. ft.
$1,550,000 Active

3265 S Archer Avenue Overview

Time on Site:
49 days
Visits:
0

This beautifully maintained and updated corner building consists of six apartments and two retail spaces. The retail units have recently been leased to a spa on a new 5 Year Lease with options. 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. All City of Chicago required updates have been completed including newly paved basement floor, Fire Rated Drywall on the basement ceiling, electrical & new porch. Located on a large lot with street frontage along Archer Avenue, and 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 for multiple cars, a valuable amenity and added income opportunity.

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3265 S Archer Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 8,150
  • Price/Sq.ft. $190

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 171900
  • Gross Scheduled Income: 174300
  • Insurance Expense: 0
  • Net Operating Income: 120624
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1879

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - McKinley Park

Tax Information

  • Tax Annual Amount: $16,985.89
  • Tax Year: 2024

General Information

  • Parcel Number: 17312120270000
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Information

  • Retail SqFt.: 2000

Building Interior

  • Building Area Total: 8150

General Information

  • Cooling: Central Air, Central Individual
  • Electric: Circuit Breakers, Separate Meters
  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 75X135
  • Lot Size Square Feet: 7352

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 8

3265 S Archer Avenue Neighborhood

Community

60608 (CHICAGO) Demographics

33
Median Age
12,268
Population Density (per sq. mile)
35%
College Educated
$57,183
Estimated Median Income
10,169
Estimated Total Home Owners
16,042
Estimated Total Renters
39% / 61%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3265 S Archer Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3265 S Archer Avenue Market Data

Based on the last 30 days in this zip code

$465,593
Average List Price
$352
Average Price per Square Foot
26
Properties Sold
74
Average Days on Market
85
Properties for Sale
Calculations provided by Reliance Network

3265 S Archer Avenue History

Date Event Value Agent
5/16/2026Source: MRED Status Change
Active
5/11/2026Source: MRED Added to Database
May 11, 2026