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    5032 S Archer Ave Chicago, IL 60632

    Sponsored
    For Sale
    Pending
    $499,900

    Residential Income - Chicago, IL

    Days on Market:
    56
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 5032 S Archer Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Den
    Bedrooms
    3
    APN
    19102300100000
    Parking
    4

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1929
    Architectural style
    Other

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

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

    Listing date Nov 11, 2025

    MLS# 12464569 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 Heights Mixed-Use Property

    This brick two-unit property, located in the Archer Heights neighborhood of Chicago, Illinois, presents a mixed-use opportunity. The modern second-floor unit features a living room, formal dining room, three bedrooms, and a den/office. An office area connects to a new rooftop patio that offers city views. The kitchen is equipped with new white cabinets, quartz countertops, and stainless steel appliances. Freshly polished hardwood flooring extends throughout the unit, including the bedrooms. In-unit laundry and central heating and air conditioning are included. The first-floor unit features a living area with a fireplace, exposed brick, and high ceilings. A large chef-style kitchen includes an island and Viking appliances and connects to the extended attached garage. The unfinished basement is accessible through the kitchen. The property includes a four-car garage with a 14x22 entrance door. New roofing was installed in 2025. The property is within walking distance of Curie High School, the Chicago Public Library, and shopping, and is near the Orange Line, the expressway, and Midway Airport.
    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
    -87.7253991
    Latitude
    41.8016516

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    FAQs

    What type of property is this?
    Mixed-use property - Two-unit property with storefront potential in Archer Heights neighborhood.
    Where is this mixed-use property located?
    The property is located at 5032 S Archer Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: - Modern, move-in ready second-floor unit with NEW KITCHEN featuring white cabinets, quartz countertops, and stainless steel appliances, plus in-unit laundry.; - Enjoy CITY VIEWS from the new rooftop patio, accessible from the second-floor den/office, ideal for entertaining.; - Rare 4-CAR GARAGE with oversized 14x22 entrance door, suitable for large vehicles.
    (773) 617-8429
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    5032 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
    5032 S Archer Ave Chicago, IL 60632
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