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    5030 S Archer Ave Chicago, IL 60632

    Sponsored
    For Sale
    $629,000

    COMMERCIAL - Chicago, IL

    Lot size:
    0.06 Acres
    Days on Market:
    68
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 5030 S Archer Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    19102300110000
    Lot size
    0.06 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1928
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Wood
    Building materials
    Brick

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

    Listing agent Alberto Avila (773) 617-8429

    Listing date Oct 30, 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

    Archer Avenue Mixed-Use Building

    Located on Archer Avenue, this mixed-use property offers visibility and includes a storefront and a three-bedroom apartment. Zoned B-3: General Commercial, the property allows for a range of uses, including retail, personal service establishments, business services, and general or government offices. The building has been renovated with newer windows, electrical, and plumbing systems. The storefront and second-floor apartment feature hardwood flooring and neutral paint. The custom kitchen in the apartment includes quartz countertops and stainless steel appliances. Both floors have separate heating and utilities. An unfinished basement offers potential for customization. The property is suitable for an owner-occupant or investor looking to lease both the commercial and residential spaces. The property is located in Chicago, IL.
    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
    -87.7253093
    Latitude
    41.8016654

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    FAQs

    What type of property is this?
    Mixed-use property - Renovated mixed-use property with storefront and residential unit.
    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 excellent visibility, ideal for business.; - Turn-key mixed-use property: commercial storefront and residential apartment.; - Flexible zoning (B-3) allows for diverse business and residential uses.
    (773) 617-8429
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    5030 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
    5030 S Archer Ave Chicago, IL 60632
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