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Listing provided courtesy of Nowak RealtyMREDas Distributed by MLSGrid- MLS# 12689897MLS Provider

5740 S ARCHER AvenueChicago, IL 60638

Commercial · 4,200 Sq. ft.
$550,000 New

5740 S ARCHER Avenue Overview

Time on Site:
17 hours
Visits:
0

Excellent investment opportunity in Garfield ridge! Commercial storefront with full basement. 6 apartments and detached 2 car garage. Full size laundry with coin operated washer and dryer. All apartments have separate FGA and window units. Newer roof in 2024 with new skylights.

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5740 S ARCHER Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 4,200
  • Price/Sq.ft. $131

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 600
  • Fuel Expense: 800
  • Gross Income: 70080
  • Gross Scheduled Income: 70080
  • Insurance Expense: 2527
  • Trash Expense: 0
  • Water Sewer Expense: 3600

Building Information

  • Year Built: 1935

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Garfield Ridge

Rent/Lease Information

  • Tenant Pays: Electricity, Heat

Tax Information

  • Tax Annual Amount: $5,275.00
  • Tax Year: 2023

General Information

  • Parcel Number: 19093130260000
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: MULTI

Interior

Building Information

  • Office SqFt.: 850

Building Interior

  • Building Area Total: 4200

General Information

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 25X125
  • Lot Size Square Feet: 3150

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Membrane

General Information

  • Number Of Units Total: 7

5740 S ARCHER Avenue Neighborhood

Community

60638 (CHICAGO) Demographics

38
Median Age
5,137
Population Density (per sq. mile)
31%
College Educated
$68,041
Estimated Median Income
15,909
Estimated Total Home Owners
4,317
Estimated Total Renters
79% / 21%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5740 S ARCHER Avenue Monthly Cost

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Eric Nowik
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5740 S ARCHER Avenue Market Data

Based on the last 30 days in this zip code

$365,806
Average List Price
$252
Average Price per Square Foot
34
Properties Sold
52
Average Days on Market
119
Properties for Sale
Calculations provided by Reliance Network

5740 S ARCHER Avenue History

Date Event Value Agent
6/29/2026Source: MRED Added to Database
June 29, 2026