4269 S Archer Ave, Chicago, IL 60632

Listing agent Brad Thompson License #IL 471013662

Listing office Millennium Properties R/E b***@mpirealestate.com Show Phone

Listing date Feb 8, 2021

Source Crexi

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Overview

A 6,000 square foot retail storefront is available for sale on Archer Avenue, near Kedzie Avenue. The building is currently leased to Cannella School of Hair Design, a cosmetology school with six locations throughout Chicagoland. The tenant is under the second renewal option of their lease until June 2022 and has a 10-year option through 2032, which they plan to execute early. The building generates $48,000 per year in rent. The property is in close proximity to public transportation, major roads, and I-55 Stevenson Expressway. Nearby businesses include local and national retailers such as Walgreens, Dunkin’, Jewel-Osco, and Pete’s Fresh Market, as well as several restaurants. Located in Brighton Park, a neighborhood on the southwest side of Chicago approximately 15 minutes from the Loop, the property is close to I-55, making it a desirable location for many businesses and residents. Brighton Park was named one of Redfin’s hottest neighborhoods for 2015.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

Similar Places Nearby

• Diamonds Flowers — 4004 S Archer Ave, Chicago, IL 60632
• Floreria Bella Rosa — 4108 S Archer Ave, Chicago, IL 60632
• Tulips Flores & Mas — 3750 S Kedzie Ave, Chicago, IL 60632
• Anna's Gift & Flower Shop — 4382 S Archer Ave, Chicago, IL 60632

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 net leased retail storefront on Archer Avenue.

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: Long‑term tenant (Cannella School of Hair Design) with a history of renewals and a 10‑year option through 2032.; Net leased property generating $48,000/NN per year in rent.; Located on Archer Avenue near Kedzie Avenue, a high‑traffic retail area.