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 Features for 3250 S Archer Ave
General Information
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Investment Insights
Based on property information with market context.
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)
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Trade Area within ½ mile
Demographics for 60608, IL