Brick Triplex with Detached
New
For Sale
$620,000
5768 S Archer Ave, Chicago, IL 60638
Three-unit rental property with separate electric meters, basement coin laundry, and a detached garage.
Property SizeContact for details
Days on Market3
Property Features for 5768 S Archer Ave
General Information
Standard status
Active
Total Parking Spaces
2
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Neighborhood
Garfield Ridge
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 3BR/1.5BA, 1 x 2BR/1BA
Multifamily Units
3
Individually Metered Utilities
electricity
Additional Details
Tenant in Place
Yes
Amenities
coin-operated laundry
Building Details
Year Built
1977
Year Renovated
2022
Buildings
1
Construction
brick
Listing Agency:
The Agency X
Listed By:
Thomas Bezanes · License #471018395
(312) 622-2850
Source:
Highriseschicago
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 24 at 4:24PM
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 The Agency X
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Investment Insights
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This 1977 brick triplex in Chicago’s Garfield Ridge neighborhood has two upper apartments, each with 3 bedrooms and 1.5 bathrooms. The garden-level unit has 2 bedrooms, two separate entrances, a kitchen, living room, dining room, and a full bathroom. A detached 2-car garage and basement coin-operated laundry are also included. Each apartment has a separate electric meter; the first and second floors have separate gas meters, while the first-floor and garden units share gas service. The property is fully rented.
Updates include a remodeled second-floor apartment in 2021 and garden unit in 2022, a replacement boiler in 2025, a new sump pump in 2024, and two replacement water heaters in 2020. Basement window blocks were replaced in 2019, front windows on the first and second floors in 2015, and tuckpointing has recently been completed. The property is near major highways, public transportation, shopping, and restaurants.
Updates include a remodeled second-floor apartment in 2021 and garden unit in 2022, a replacement boiler in 2025, a new sump pump in 2024, and two replacement water heaters in 2020. Basement window blocks were replaced in 2019, front windows on the first and second floors in 2015, and tuckpointing has recently been completed. The property is near major highways, public transportation, shopping, and restaurants.
Key Highlights
- Brick 3‑unit property built in 1977; fully rented
- First- and second‑floor apartments each have 3 bedrooms and 1.5 bathrooms
- Garden unit has 2 bedrooms, two entrances, and a full bathroom
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Lease Details
3
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
540
Businesses Nearby
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Business Placement
Demographics for 60638, IL
56,928
Population
21,636
Households
2.6
Avg Household Size
39
Median Age
24%
College-Educated
84%
High-School Grad
11.1 sq mi
ZIP Area
5,129
Density / Sq Mi
$89,191
Median Household Income
$50,902
Median Earnings
$1,327
Median Rent
$283,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit rental property with separate electric meters, basement coin laundry, and a detached garage.
Where is this triplex located?
The property is located at 5768 S Archer Ave Chicago, IL.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: Brick 3‑unit property built in 1977; fully rented; First- and second‑floor apartments each have 3 bedrooms and 1.5 bathrooms; Garden unit has 2 bedrooms, two entrances, and a full bathroom
