Property profile

3436 Archer Ave Chicago, IL 60608

OFF-MARKET
Specialty properties
7,032 SF Built 2007
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Property summary

AI-generated overview

This exceptional Class A property, built in 2007, offers a unique opportunity in the vibrant South Chicago submarket. Located at the high-traffic corner of Archer and Damen, this single-story building boasts 7,032 square feet of versatile space, ideal for creative office, traditional office, or medical uses. The property features five suites, with a minimum divisible space of 750 square feet and a maximum contiguous space of 750 square feet currently available. The building is situated in a thriving strip center anchored by established businesses including the renowned Huck Finn Restaurant, Cricket Wireless, and BMO Harris Bank, ensuring high visibility and foot traffic. Its convenient location offers easy access to public transportation, shopping, and amenities such as Cermak Produce and a nearby Target. The property also benefits from ample parking with 43 spaces and is zoned C2-2. The property taxes are $3.61 per square foot. This is an excellent opportunity to establish a presence in a dynamic and well-connected area. The building is conveniently located adjacent to the Access Community Health Network. Don't miss this chance to secure prime commercial space in a sought-after location.

Property profile

Verified
Property type Specialty properties
Year built 2007
Total area 7,032 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
  • Insurance Agency

Location

3436 Archer Ave Chicago, IL 60608
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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