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4221 Archer Ave Chicago, IL 60632

OFF-MARKET Land Google Maps
0.35 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 0.35-acre commercial land parcel, located at 4221 S Archer Ave in Chicago, Illinois (zip code 60632), presents a compelling investment opportunity. Zoned C-3, the property allows for a variety of uses including retail, mixed-use developments, automotive businesses, or warehouse facilities. Boasting high visibility on Archer Avenue, this site benefits from significant daily traffic volume, estimated at 28,000 vehicles. Its strategic location between downtown Chicago and Midway Airport provides excellent accessibility and exposure to a large customer base. The property offers convenient access points on both Archer Avenue and Sacramento Avenue. Furthermore, its proximity to established, successful businesses in the Brighton Park neighborhood adds to its appeal. The asking price for this prime commercial land is $650,000. This is a rare opportunity to acquire a well-situated, versatile property in a thriving Chicago neighborhood. Don't miss out on this chance to build your business in a high-traffic area with excellent zoning flexibility.

Property profile

Verified
Property type Land
Lot 0.35 ac (15,246 SF)

Cap rate & NOI

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

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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