Property profile

4177-4179 Archer Ave Chicago, IL 60632

OFF-MARKET
Warehouses
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses

Cap rate & NOI

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

Location

4177-4179 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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