4177-4179 Archer Ave Chicago, IL 60632
This exceptional Chicago commercial property presents a unique redevelopment opportunity. Comprising two buildings totaling approximately 30,250 square feet, this offering includes a separate 13,736 square foot parking lot with capacity for over 50 vehicles. The property is situated on Archer Avenue in the Brighton Park neighborhood, conveniently located near Midway International Airport. One building, a single-story masonry structure at 4177-4179 S. Archer Avenue, is currently configured as medical space. The second building, located at 4181-4193 S. Archer Avenue, is a two-story masonry structure with retail space on the ground floor and flexible space on the upper level. A separate 50+ car parking lot at 4210 S. Richmond Street is included. The property is offered for sale or lease as a whole, but the owner will consider selling the buildings individually with a portion of the parking lot. Two spaces are currently available, ranging from 6,250 to 24,000 square feet. This versatile property is ideal for investors seeking a significant redevelopment project in a prime southwest Chicago location. Contact us today to discuss pricing and explore the possibilities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.