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    3551-3561 S Archer Ave Chicago, IL 60609

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    For Lease
    $1,950 /Mo ($27 SF/Yr)

    Affordable storefront on busy Archer Ave with excellent visibility.

    Property size:
    850 SF
    Lot size:
    0.16 Acres

    Property Features for 3551-3561 S Archer Ave

    General Information

    Size
    850 SF
    Lot size
    0.16 Acres

    Source: SVN | Chicago Agent Derek Gonsch

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

    Overview

    Archer Avenue Storefront Retail Space

    This property offers an affordable lease opportunity on busy Archer Avenue, featuring storefronts with various layouts and in varying conditions. The storefronts are situated prominently on the main road, providing excellent visibility. The historic building also houses multiple businesses and residences on the second floor. Please note that due to the proximity of a school, the site cannot accommodate liquor or tobacco sales, tattoo parlors, or any other business type restricted by being near a school. Street parking is available. The landlord is willing to do some work inside of the units. The property offers 850 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    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

    Diamonds Flowers, Fasan Florist

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6791527
    Latitude
    41.829195

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    FAQs

    What type of property is this?
    Storefront property - Affordable storefront on busy Archer Ave with excellent visibility.
    Where is this storefront property located?
    The property is located at 3551-3561 S Archer Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: - Affordable lease opportunity.; - Excellent visibility on busy Archer Ave.; - Prominent location on the main road.
    (708) 267-9988
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    3551-3561 S Archer Ave Chicago, IL 60609
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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
    3551-3561 S Archer Ave Chicago, IL 60609
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