6340 South Archer Avenue, Chicago, IL

$579,950

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6

Beds

5

Baths

About 6340 South Archer Avenue

Multiple Offers Received - Please submit Highest and Best offers by October 20th 3PM...Rare opportunity to own a fully occupied, all-brick mixed use 3-unit building in the highly desirable Garfield Ridge neighborhood of Chicago. This well-maintained property features two spacious residential units on the 1st and 2nd floors, each offering 3 bedrooms, 1.5 baths, hardwood flooring, granite countertops, and updated finishes throughout. The ground level includes a commercial space currently operating as a salon with a full bath and attached office/kitchen, providing excellent income potential. Additional highlights include a coin-operated laundry, a private backyard with great condition concrete patio and walkways, a detached 2-car garage, and plenty of storage or space for grilling. Recent updates include a new roof, gutters, and soffits (2021), sump pump (2024), hot water boilers (2015), newer water heaters, radiant heat added in the ground unit (2022), and upgraded vinyl windows throughout. With reliable tenants, timely rent payments, and a prime location across from Bank of America, next to the Chicago Public Library, and within the sought-after Byrne and Kennedy School Districts, this property offers strong long-term value. Convenient CTA access and nearby shopping and dining make this an investment you won't want to miss...Selling "as is". Showing's by appointment only - Contact Listing Agent - Robert Lisak with any questions/appointments... Owner on vacation until October 20th - will not make a decision until then for any offer's... Cash, FHA, VA, Commercial, or DSCR loan's acceptable - any buyer's must have preapproval to submit offers...

Scheduled Open Houses

  • Sunday, Oct 19th, 12:00pm - 2:00pm

Features of 6340 South Archer Avenue

MLS® # 12483647
Price $579,950
Bedrooms 6
Bathrooms 5.00
Acres 0.00
Year Built 1977
Type Residential Income
Sub-Type Two to Four Units
Status Active

Community Information

Address 6340 South Archer Avenue
Area CHI - Garfield Ridge
City Chicago
County Cook
State IL
Zip Code 60638

Amenities

Parking Spaces 3
Parking Garage Door Opener, On Site, Garage Owned, Detached, Off Street, Alley Access, Oversized, Owned, Garage
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Radiant, Heat Pump
Fireplace No
Has Basement Yes
Basement Finished, Exterior Entry, Full

Exterior

Exterior Brick
Roof Asphalt
Foundation Concrete Perimeter

School Information

District 299
Elementary Byrne Elementary School
High Kennedy High School

Additional Information

Days on Market 15
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Realty
Contact Info708-352-4840

Listing Map

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