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    3004-3006 S Archer Ave Chicago, IL 60608

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    For Lease
    $20 SF/Yr ($5,000 /Mo)

    Divisible retail or office space in Bridgeport/Chinatown location.

    Property size:
    3,000 SF
    Lot size:
    0.17 Acres

    Property Features for 3004-3006 S Archer Ave

    General Information

    Size
    3,000 SF
    Lot size
    0.17 Acres
    Source: Moodyscre

    Listing Agent: Paul Tsakiris

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

    Overview

    Archer Avenue Retail/Office Space

    Located on Archer Avenue, this 3,000-square-foot space is suitable for retail or office use. The building is undergoing improvements, including the installation of floor-to-ceiling windows and aesthetic enhancements. A parking lot is available for the right tenant. The property is situated on a stop light corner in the Bridgeport/West Chinatown area.
    Location Intelligence

    Current Use by Public Records

    Office space

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6616499
    Latitude
    41.8401682

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    FAQs

    What type of property is this?
    Office space - Divisible retail or office space in Bridgeport/Chinatown location.
    Where is this office space located?
    The property is located at 3004-3006 S Archer Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on Archer Boulevard in Bridgeport/West Chinatown.; - Divisible 3,000sf space suitable for retail or office use.; - Adjacent parking lot available.
    (773) 355-4780
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    3004-3006 S Archer Ave Chicago, IL 60608
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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
    3004-3006 S Archer Ave Chicago, IL 60608
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