6239-6255 Archer Ave, Chicago, IL 60638
This exceptional 1,500 square foot retail space is ideally situated on Archer Avenue in Chicago's Garfield Ridge neighborhood. The property boasts excellent visibility and ample parking, making it highly attractive to potential tenants. Currently, the entire space is available for lease, presenting a unique opportunity for a single tenant to establish a strong presence in a thriving commercial area. The building is a multi-tenant property with established co-tenants including Home Run Inn Pizza, Athletico, and Vaunt Fitness, ensuring a steady flow of foot traffic. Its strategic location offers convenient access to a diverse range of businesses and amenities. Nearby retailers include Jewel Osco, Wingstop, and Bank of America, further enhancing the area's appeal. The property's proximity to Midway International Airport (approximately one mile away) provides significant advantages for businesses catering to travelers or those seeking convenient access to transportation hubs. Located in Cook County, Illinois, with a 60638 zip code, this retail space offers a compelling combination of location, visibility, and established neighboring businesses, making it an ideal investment opportunity. The property is classified as retail commercial real estate with multiple tenancy options. The entire 1,500 square feet is currently vacant.
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.