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4044-48 S Archer Avenue Chicago, IL 60632 Commercial - Retail Active

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Description

Outstanding investment opportunity in the heart of Brighton Park at the highly visible corner of Archer Ave and California Ave. This well-maintained brick commercial strip center features three retail storefronts, 2 are leased with established long-term tenants, providing stable and consistent income from day one. Situated along one of the area's busiest commercial corridors, the property benefits from excellent street exposure and strong vehicle and pedestrian traffic, surrounded by established businesses and residential communities. In addition to the retail rental income, the property also generates additional revenue from a rooftop advertising sign, further enhancing its income potential. With two occupied units, steady cash flow, and a prime corner location, this property presents an excellent opportunity for investors seeking a reliable income-producing asset with future upside potential.

Property Highlights

Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1960

General Information

County: Cook
Listed By:
RE/MAX Mi Casa 773-767-1616
MRED MLS
$599,000
Est. $3,960/mo
Active
MLS#12698947
STATUSActive PROPERTY TYPECommercial - Retail

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Ruhl&Ruhl Realtors
563.441.1776

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4044-48 S Archer Avenue, Chicago, IL 60632.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $599,000$599,000$599,000
Down Payment $119,800$20,965$149,750
Monthly Mortgage Amount $2,951$3,621$3,701
Taxes $834$834$834
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$264$0
Monthly Estimated Total $3,960$4,894$4,710

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