2513-23 S Archer Ave
Chicago, IL 60608
$2,020,000
Price
Sq. Ft.
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Executive Summary

Excellent value-add opportunity with self-certified plans in place located at 2513-23 S Archer Ave. This 13-unit mixed-use building is centrally located at the border of the Bridgeport and Chinatown Neighborhoods of Chicago’s near south side. The 5 storefronts total 10,950 SF and are currently 82% occupied. The apartments are 50% occupied with the duplex units gutted, ready for rehab. Tenants pay their individual GFA heat and A/C, hot water and electric. The property benefits from close proximity to public transit with easy access to downtown. The Halsted Orange Line CTA Station is directly across the street and multiple bus lines service the stop on the same block.

 

Property Location

Chicago » 60608 » 2513-23 S Archer Ave

Property Details

Status Closed
Listing Type For Sale
Price $2,020,000

Broker Contact

Nate Gautsche

Nate Gautsche, CCIM

Mobile: (312) 925-2521

Office: (773) 327-9300

Email: NateG@crer.com

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Steven Rapoport, CCIM

Mobile: (847) 863-2707

Office: (773) 327-9300

Email: StevenR@crer.com

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