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    5772 Archer Ave Chicago, IL 60638-1643

    OFF-MARKET Retail space Google Maps
    1,800 SF 0.1 ac lot Built 1951
    Entity Owned Free & Clear
    Estimated value (blended)
    $425k
    Range $383k – $468k (±10%)
    Property ID US28-2207465

    Property summary

    AI-generated overview

    This exceptional investment opportunity presents a fully operational, two-story restaurant and bar located at 5772 S Archer Avenue in Chicago's Garfield Ridge neighborhood (zip code 60638). Built in 1998, this 5,500 square foot establishment boasts a proven track record of success, having operated for 28 years. The property features a spacious layout with seating for 150 patrons downstairs and an additional 60 upstairs. A fully equipped kitchen ensures seamless operations, complemented by existing amenities including a DJ booth, arcade games, and slot machines, making it a truly turnkey operation. The high-traffic location on Archer Avenue offers excellent visibility and strong potential for continued growth. The asking price is $1,000,000, representing a compelling 14% cap rate. This single-tenancy property is ideal for experienced operators seeking a thriving business or investors looking for a strong return on investment in a vibrant and established community. A virtual tour is available.

    Property profile

    Verified
    Property type Retail space
    Use group STORE, RETAIL OUTLET
    Year built 1951
    Total area 1,800 SF
    Lot 0.1 ac (4,506 SF)
    APN 19-09-312-028
    UPID US28-2207465

    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
    • Restaurant
    1 occupant on record

    Value estimations

    Realmo proprietary · 4 methods
    AI Approach AI
    $435k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $425k

    Owner & transaction history

    since 2026
    3 recorded transactions
    2026
    $725,000
    2010
    Price N/A
    1969
    Price N/A

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • Value Estimation
      $805,000
      13,400 SF
      5414 Archer Ave
      STORE, RETAIL OUTLET
      5414 Archer Ave, Chicago, IL 60638-3002
      View Details
    • Value Estimation by Request
      6170 Archer Ave
      STORE, RETAIL OUTLET
      6170 Archer Ave, Chicago, IL 60638
      View Details
    • Value Estimation
      $395,000
      4,000 SF
      6231 33rd W 63rd St
      STORE, RETAIL OUTLET
      6231 33rd W 63rd St, Chicago, IL 60638
      View Details
    • Value Estimation
      $385,000
      4,000 SF
      7002 Archer Ave
      STORE, RETAIL OUTLET
      7002 Archer Ave, Chicago, IL 60638-2202
      View Details
    • Value Estimation
      $950,000
      18,400 SF
      5919 Archer Ave
      STORE, RETAIL OUTLET
      5919 Archer Ave, Chicago, IL 60638-2802
      View Details
    • Value Estimation
      $2,745,000
      29,100 SF
      7013 62nd St
      STORE, RETAIL OUTLET
      7013 62nd St, Chicago, IL 60638
      View Details

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      Storefront Space with Flexible Layout
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    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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