4044-48 S ARCHER Avenue
Chicago, IL 60632

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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, all fully 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 three 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.

Features

• Property Type: Commercial
• Sub Type: Retail/Stores
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60632
• Year Built: 1960
• Stories: 1
• Units: 3 units
• Zoning: COMMR
• # Of Tenants: 3
• Additional Parcels: Yes
• Additional Parcels Description: 19012040290000
• Ceiling Height (Ft): 12
• Construction Materials: Brick
• Cooling: Central Air
• Directions: CORNER OF ARCHER AND CALIFORNIA
• Electric: Circuit Breakers
• Electric Expense Source: Actual
• Expense Year: 2025
• Fire Protection: Alarm On Site
• Fuel Expense Source: Actual
• Gross Income: 64393
• Gross Scheduled Income: 64393
• Heat/Ventilation: Forced Air
• Information: Show-Call Listing Office
• Insurance Expense: 4115
• Insurance Expense Source: Actual
• Leasable Area: 1400
• Location: Central Business District, Corner
• Main Type: Commercial Sale
• Min Avail Sq Ft (Rentable): 1000
• Operating Expense: 21546
• Property Offered: For Sale Only
• Roof Structure: Flat
• Tax Annual Amount: 22216.63
• Tax Year: 2024
• Total Annual Expense Source: Actual
• Total Monthly Income: 5366
• Township: Lake
• Trash Expense Source: Actual
• Unincorporated (Y/N): Yes
• Water Expense Source: Actual
• Water Sewer Expense: 2568