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    4269 S Archer Ave Chicago, IL 60632

    For Sale
    $450,000

    6,000 SF retail storefront with high-visibility location.

    Property size:
    6,000 SF
    Lot size:
    0.08 Acres

    Property Features for 4269 S Archer Ave

    General Information

    Size
    6,000 SF
    Lot size
    0.08 Acres

    Source: Millennium Properties Real Estate Agent Brad Thompson

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

    Overview

    Retail Storefront on Archer Avenue

    This is a 6,000 square foot retail storefront property. It is net leased to Cannella School of Hair Design and is currently in its third renewal lease, with an option until June 2023. The current annual rent is $48,000 net. The tenant is responsible for taxes, insurance, utility, and maintenance costs. The property benefits from high visibility on Archer Avenue near Kedzie Avenue, enhanced by a projecting sign. The location has a traffic count of 25,237 vehicles daily. Nearby businesses include Walgreens, Dunkin’, Jewel-Osco, and Pete’s Fresh Market. The zoning is B3-2.
    Insight Report Location Intelligence

    Current Use by Public Records

    Cannella School of Hair ... Beauty School ParkChicago #281604 Public Parking Space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Diamonds Flowers, Floreria Bella Rosa, Tulips Flores & Mas, Anna's Gift & Flower Shop

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7011452
    Latitude
    41.8156801

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    FAQs

    What type of property is this?
    Storefront property - 6,000 SF retail storefront with high-visibility location.
    Where is this storefront property located?
    The property is located at 4269 S Archer Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Net leased to Cannella School of Hair Design, providing stable income.; - Tenant covers all taxes, insurance, utility, and maintenance costs.; - Current annual net rent of $48,000.
    (312) 338-3000
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    4269 S Archer Ave 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
    4269 S Archer Ave Chicago, IL 60632
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