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    3827 S Archer Ave Chicago, IL 60632

    Sponsored
    For Sale
    Pending
    $450,000

    COMMERCIAL - Chicago, IL

    Lot size:
    0.06 Acres
    Days on Market:
    10
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 3827 S Archer Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    APN
    16364260140000
    Lot size
    0.06 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1929
    Floors in Building
    2
    Number of units
    2

    RE/MAX MI CASA (773) 767-1616 [email protected]

    Listing agent Claudia Hernandez (773) 767-1616

    Listing date Dec 27, 2025

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building on Archer Street

    This mixed-use building is located in a high-traffic area on Archer Street. The all-brick building was formerly configured as two separate residential apartments with a commercial storefront on the first floor. The property has been converted into an oversized apartment occupying the entire second level. This residential unit offers the potential to reconfigure back into two separate apartments, suitable for an owner-occupant or an investor seeking rental income. The first floor features a commercial space with street visibility, ideal for a variety of businesses, such as retail, office, salon, or studio. The location benefits from constant foot and vehicle traffic. Additional features include a 4-car garage, private rooftop access with potential for a rooftop deck, and four separate furnaces, offering flexibility for future multi-unit setup or zone-controlled heating. The building is surrounded by shops, dining, and public transit, with easy access to downtown. This building is suitable for living, working, and investing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Embroidery By Lepe Embroidery Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6879216
    Latitude
    41.8237662

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    FAQs

    What type of property is this?
    Mixed-use property - Versatile mixed-use building in high-traffic Chicago location.
    Where is this mixed-use property located?
    The property is located at 3827 S Archer Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Prime location on high-traffic Archer Street, ideal for commercial or residential use.; - Versatile mixed-use building with potential for residential and commercial income.; - Spacious, oversized apartment with potential to reconfigure into two separate units.
    (773) 767-1616
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    3827 S Archer Ave Chicago, IL 60632
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    Chicago, IL 60632
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3827 S Archer Ave Chicago, IL 60632
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