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Three-Story Mixed-Use Medical Building
For Sale
$7,500,000

4192 S Archer Avenue, Chicago, IL 60632

Commercial Sale, Chicago, IL

Property Size58,000 SF
Lot Size0.89 Acres
Price / SF$129.31
Days on Market578

Property Features for 4192 S Archer Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions Damen Ave. to Archer Ave. south at Sacramento Ave. Kedzie Ave./Pulaski Ave. Archer ave. south to address.
Subdivision CHI - Brighton Park
Standard status Active
APN 19011180660000
Lot size 0.89 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 49000

Utilities

Cooling system Central Air

Building Details

Year built 1936
Floors in Building 3
Number of units 95
Building materials Brick, Concrete
Roof type Membrane
Listing Agency: Century 21 Circle · Coldwell Banker Real Estate
Listed By: Mark Ahmad · License #471007186
Added: Jan 21, 2025 Changed: Aug 20 Last Checked: Aug 22 at 11:06AM
MLS# 12268558

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Three-story mixed-use property built in 1936 with brick and concrete construction and a membrane roof. The building totals approximately 58,000 Sq. ft. and includes central air throughout. On the main level south portion, there is approximately 12,768 Sq. ft. of medical space leased to Saint Anthony Hospital (SAH), with first right to refuse if additional space is leased in the building.

The residential component consists of 78 residential rooms sized as two-bed units. There is also a dentist office with an entry door facing Sacramento Ave. The property is situated at the corner intersection of Archer Ave. and Sacramento Ave., within a dense residential area and along a retail corridor. Zoning is COMMR.

Key Highlights

  • Approximately 58,000 Sq. ft. three‑story mixed‑use building
  • Brick and concrete construction with membrane roof; built in 1936
  • Main‑level south medical space totals approximately 12,768 Sq. ft. leased to Saint Anthony Hospital (SAH)

Property Analytics

Current Use

eBlindstore General Contractor

Suggested Use

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

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

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,109
Businesses Nearby

Demographics for 60632, IL

92,237
Population
28,860
Households
3.2
Avg Household Size
33
Median Age
13%
College-Educated
69%
High-School Grad
7.4 sq mi
ZIP Area
12,464
Density / Sq Mi
$60,576
Median Household Income
$35,203
Median Earnings
$1,057
Median Rent
$240,600
Median Home Value

Market

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-story mixed-use building with central air, featuring hospital-anchored medical space and residential rooms.
Where is this mixed-use property located?
The property is located at 4192 S Archer Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: Approximately 58,000 Sq. ft. three‑story mixed‑use building; Brick and concrete construction with membrane roof; built in 1936; Main‑level south medical space totals approximately 12,768 Sq. ft. leased to Saint Anthony Hospital (SAH)
More about this property
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