Property profile

4900 Archer Ave Chicago, IL 60632

OFF-MARKET
Lifestyle centers
10,701 SF Built 1963
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Property summary

AI-generated overview

This 10,701 square foot Class C medical office building, constructed in 1963, offers a prime leasing opportunity in Chicago's Archer Heights neighborhood. Located at the highly visible corner of Archer Avenue (21,700 vehicles per day) and 49th Street, just east of Pulaski Road (31,100 vehicles per day), this multi-tenant property boasts excellent visibility and accessibility. Currently, 7,375 square feet of space is available, with a minimum divisible unit of 1,950 square feet and a maximum contiguous space of 5,425 square feet. The building is zoned C2-3 and features a convenient on-site parking lot with over 30 spaces, supplemented by ample street parking. Benefit from high pedestrian traffic due to its proximity to Curie High School and the CTA Pulaski Orange Line Station. This location is surrounded by numerous national and regional retailers, including Target, Jewel-Osco, Pete's Fresh Market, Aldi, Walgreens, Planet Fitness, Chase Bank, and Byline Bank, ensuring a strong customer base. The property's strategic location and ample space make it an ideal choice for medical practices or other businesses seeking high visibility and convenient access. Cook County location, zip code 60632.

Property profile

Verified
Property type Lifestyle centers
Year built 1963
Total area 10,701 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Medical Clinic
  • Physician
  • Physician
  • (Bike/Boat/Book/etc) Store

Location

4900 Archer Ave Chicago, IL 60632
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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