6135 South Archer Avenue, Chicago, IL 60638
Mixed-use property with income-generating apartments and potential for various businesses.
- Added:
- Apr 3, 2026
- Days on Market:
- 97
- Last Refresh:
- Jul 5 at 12:05 pm
Property Features for 6135 South Archer Avenue
General Information
- Standard status
- Active
- Size
- 3,555 SF
Building Details
- Year Built
- 2010
Listing office The Leading Realtors Corp. (847) 942-7793
Listing date Apr 3, 2026
Source Compass
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 Leading Realtors Corp.
HighLights
- Prime Summit location with high visibility.
- Expansive 2,800 sq. ft. main level suitable for various businesses.
- Luxurious, high‑end sauna facilities in the lower level.
- Two fully rented second‑floor apartments provide steady income.
- Mixed‑use property offering endless possibilities.
- Priced below current construction costs.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.9k | $26.40 |
| − Vacancy | −$5.6k | −$1.58 |
| EGI | $88.2k | $24.82 |
| − OpEx | −$22.1k | −$6.20 |
| NOI | $66.2k | $18.61 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.7712513
- Latitude
- 41.7940536
