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    3557 S Archer Ave Chicago, IL 60609

    For Lease
    $1,300 /Mo ($0.92 SF/Yr)

    Affordable storefronts on busy Archer Avenue with excellent visibility.

    Property size:
    16,933 SF
    Lot size:
    16,933 SF

    Property Features for 3557 S Archer Ave

    General Information

    Size
    16,933 SF

    Source: Derek Gonsch Agent Derek Gonsch

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Archer Avenue Storefronts For Lease

    This property offers an affordable lease opportunity on busy Archer Avenue, featuring three storefronts with various layouts and in varying conditions. The storefronts are situated prominently on the main road, providing excellent visibility. This historic building also houses multiple businesses and residences on the second floor. The location is near a school, restricting the sale of liquor or tobacco, as well as tattoo parlors or other business types restricted by proximity to a school. Street parking is available. The landlord is willing to do some work inside of the units. One unit at 3557 S Archer Ave offers 850 SF for $1,300/month. Another unit at 3551 S Archer Ave offers 1000 SF for $1,950/month. From the intersection of S Archer Ave and Western Ave, head northeast approximately two blocks.
    Location Intelligence

    Current Use by Public Records

    Home Based T ... Commercial Printer The Glamorous Wig Hair Salon ericka kane inc Beauty Salon

    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.

    Similar Places Nearby

    AJ Fleur | Florist | Event Planner, Fasan Florist

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6791804
    Latitude
    41.8292084

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    FAQs

    What type of property is this?
    Storefront property - Affordable storefronts on busy Archer Avenue with excellent visibility.
    Where is this storefront property located?
    The property is located at 3557 S Archer Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $0.92 SF/Yr.
    What are key features of this property?
    This property features: - High visibility on busy Archer Ave; - Prominent location on main road; - Affordable lease opportunity
    (708) 267-9988
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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
    3557 S Archer Ave Chicago, IL 60609
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