4801-03 S Archer Avenue, Chicago IL 60632
Property Description
Welcome to a prime investment opportunity! This newer brick 12-unit apartment building boasts a smart mix of 10 spacious 2-bedroom units and 2 cozy 1-bedroom units, ensuring a steady cash flow. Situated in a desirable location, tenants enjoy modern living with balconies. Recent upgrades including a newer boiler and carpet ensure low maintenance costs. Whether you're a seasoned investor or a newcomer to real estate, this property promises excellent returns and long-term value. Act fast - opportunities like this don't last long!
Listed by Maria Castillo for RE/MAX MI CASA | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Features & Information
Key Details
- List Price $1,300,000
- Property Taxes 22,418
- Price/ Sq. Ft. Unavailable
- Year Built 1971
- Buyer's Agent Commission 1%
- Status Contingent
Building Information
- Age of Building 36-50 Years
- Exterior Construction Brick
- Foundation Concrete
- Heating & Cooling Central Bldg Heat
Location
- County Cook
- Directions to Property Archer 1 Blk West Of Lawndale
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Property Taxes
- Tax 22,418
- Parcel Identification Number 19111120080000
Explore Archer Heights
A working-class neighborhood near Midway International Airport, Archer Heights has seen an increase in the number of manufacturing and transportation facilities within its borders over the years. The community has recently grown in popularity as Midway Airport has undergone major renovations, becoming a welcome alternative to busy O'Hare International Airport. The changes have prompted fresh interest in Archer Heights, and an influx of new residents is giving this family-oriented neighborhood a much more cosmopolitan feel. Corner delis and markets, a smattering of bars and restaurants, and a couple big box shopping outlets along 47th Street, Pulaski Road and Archer Avenue provide all the conveniences of city living. Still, backyard barbecues and neighborly chats over the fence are commonplace here, and are one of the reasons Archer Heights residents stick around for years.
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