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Vacant Corner Development Lot
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3250 S Archer Ave, Chicago, IL 60608

Vacant corner commercial lot with active month-to-month tenant income, adjacent to a new multi-building residential development.

Property SizeContact for details
Lot Size0.21 Acres
Days on Market121

Property Features for 3250 S Archer Ave

General Information

Standard status Active
Lot size 0.21 Acres
Property subtype Land

Additional Details

Highway Access Yes
Listing Agency: Century 21 Realty Associate
Listed By: Ivan Man · License #475145659
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 5:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Realty Associate

Investment Insights

Based on property information with market context.

This is a vacant corner commercial lot currently under a month-to-month tenant arrangement. The property is approximately 9,000 square feet and is located at the corner of Wood St and Archer Ave.

Adjacent to the lot is a new development building consisting of seven residential buildings. The first two buildings are scheduled to begin occupying in the summer of 2022, and the completed project is described as 184 residential units plus 15 office spaces.

The location offers easy access to Expressways I-55 to the north and I-90 to the east, supporting convenient regional connectivity for future development plans.

Key Highlights

  • Vacant corner commercial lot at the intersection of Wood St and Archer Ave
  • Lot size is approximately 9,000 SF
  • Includes month‑to‑month tenant income currently paid at $2,000 per month (M to M)

Property Analytics

Current Use

Archer Auto Services Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Skin Care Clinic Accounting Firm (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

833
Businesses Nearby

Demographics for 60608, IL

75,770
Population
32,617
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
12,221
Density / Sq Mi
$70,704
Median Household Income
$42,211
Median Earnings
$1,208
Median Rent
$341,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Vacant corner commercial lot with active month-to-month tenant income, adjacent to a new multi-building residential development.
Where is this commercial land located?
The property is located at 3250 S Archer Ave Chicago, IL.
What are key features of this property?
This property features: Vacant corner commercial lot at the intersection of Wood St and Archer Ave; Lot size is approximately 9,000 SF; Includes month‑to‑month tenant income currently paid at $2,000 per month (M to M)
(312) 428-9123 Call to check price and availability
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