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Storefront Building with Full Basement
For Sale
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7023 W Archer Avenue, Chicago, IL 60638

Flexible interior includes storage, two half baths, and a rear room with sink and refrigerator.

Property SizeContact for details
Days on Market143

Property Features for 7023 W Archer Avenue

General Information

Standard status Active
Property subtype Retail
Zoning COMMR

Building Details

Year Built 1961
Listing Agency: HomeSmart Realty Group
Listed By: Gregory Gromek · License #475133303
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 31 at 11:36PM

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 HomeSmart Realty Group

Investment Insights

Based on property information with market context.

This storefront property, built in 1961, includes a full basement, rear storage room, and two half baths. An additional room is equipped with a sink and refrigerator, providing adaptable support space. Building updates include a newer furnace, a water heater that is 2 years old, and a roof replaced about 3 years ago.

The property is located at 7023 W Archer Avenue in Chicago, two blocks east of Harlem Avenue. The surrounding area provides access to shopping, public transit, I-55, the Orange Line, and Midway Airport. Rear parking accommodates 6-8 spaces, adding useful on-site capacity for the building.

Key Highlights

  • Full basement, rear storage room, and two half baths
  • Additional room includes a sink and refrigerator
  • Water heater is 2 years old

Property Analytics

Current Use

Halina's Pub Bar & Pub

Suggested Use

Top Pick Law Firm Electrical Service Garden Center (Bike/Boat/Book/etc) Store HVAC Service Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

759
Businesses Nearby
49k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 86% Shops & Services 14%
McDonald's Dining
40,535 visits/mo 0.4 miles
BP Shops & Services
6,810 visits/mo 0.4 miles
Pizza Hut Dining
1,948 visits/mo 0.5 miles

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

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Flexible interior includes storage, two half baths, and a rear room with sink and refrigerator.
Where is this storefront property located?
The property is located at 7023 W Archer Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Full basement, rear storage room, and two half baths; Additional room includes a sink and refrigerator; Water heater is 2 years old
(708) 692-7168 Call to check price and availability
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