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    5030 S Archer Ave Chicago, IL 60632

    Sponsored
    For Sale
    $629,000

    Residential Income - Chicago, IL

    Days on Market:
    117
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 5030 S Archer Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    APN
    19102300110000
    Parking
    2

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1928
    Architectural style
    Other

    Remax 10 (708) 857-1500 [email protected]

    Listing agent Alberto Avila (708) 857-1500 License #475134051

    Listing date Sep 11, 2025

    MLS# 12353096 Listing URL

    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

    Archer Avenue Mixed-Use Property

    Located on Archer Avenue, this turn-key mixed-use property offers visibility and is suitable for both owners and investors. The property is zoned B-3: General Commercial, featuring a storefront on the first floor and a residential space on the second floor. The zoning allows for a range of uses, including retail, personal service establishments, business services, general offices, and government offices. The property has been renovated with newer windows, electrical, and plumbing systems. The storefront and second-floor apartment feature hardwood flooring and neutral paint colors. The custom kitchen on the second floor includes quartz countertops and stainless steel appliances. Both floors have separate heat and utilities. The property also includes a full unfinished basement.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.725304
    Latitude
    41.801658

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    FAQs

    What type of property is this?
    Mixed-use property - Turn-key mixed-use property on Archer Avenue with commercial and residential spaces.
    Where is this mixed-use property located?
    The property is located at 5030 S Archer Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $629,000.
    What are key features of this property?
    This property features: - Prime location on Archer Avenue with high visibility, ideal for business.; - Turn-key mixed-use property: commercial storefront and residential apartment.; - Zoned B-3: General Commercial, allowing for diverse business and service options.
    (773) 617-8429
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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
    5030 S Archer Ave Chicago, IL 60632
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