FOR SALE BY OWNER
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3221 S Archer Ave, Chicago, IL 60608
3221 S Archer Ave, Chicago, IL 60608, Chicago, IL 60608
$370,000
$129/sq ft
6 Beds
4.0 Baths
2,868 Sq Ft
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About This Property
FSBO. Unique two 4-unit residential combine sale. Eight (8) total apartments, the tenants pay their own utilities. This listing at 3221 S. Archer Ave., Chicago, IL., Cook County PIN 17-31-212-011-0000 and adjacent separate listing, per Zillow, at 3219 S. Archer Ave., CC PIN 17-31-212-010-0000, similar size, dimension, and configuration except 3219 has a 2-car garage. The asking price for each property is $370,000 (rough 2868sf bldg., 6br/4ba, 3750sf lot). The combine asking price is $740,000 (rough 5736sf bldg.,12br/8ba, 7500sf lot). Please cross reference both listings when discussing the two properties. Please note the properties need some work, therefore, this is a straight conventional sale, in as-is condition, no contingencies, and no owner financing. The two properties sit on historic Archer Ave., just west of Ashland Ave., in McKinley Park, borders Bridgeport and Pilsen. The properties are relatively close to the Orange train line, the buses, the Interstate highways, the downtown loop, the lake, Chinatown, the Bears stadium, White Sox Park, a Shopping Center, and the Universities of Illinois, IIT and loop schools of Depaul and Roosevelt. The properties have a rough combine 4,000sf of ample yard space for an off street parking lot or a structure addition. There's also the potential, based on location, for mix-use conversion. This area has experienced positive ongoing new construction growth. If interested contact the owner Joe and please be able to provide proof of funding.
Property Type
Multi Family
Year Built
1886
Lot Size
3,750 sqft
Heating
Forced air
Cooling
None
Features & Amenities
Interior Features
- Brick
- Forced air
- Hardwood
- Laminate
- None
- On-street
- Range / Oven
- Refrigerator
- Shake / Shingle
- Stone
- Tile Flooring
- Unfinished
Property Owner
PO
Property Owner
Property Owner
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Mortgage Calculator
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Estimated Monthly Payment
$2,439
Payment Breakdown
Principal & Interest
$1,969
Property Tax
$370
Home Insurance
$100
HOA Fees
$0
Loan Amount
$296,000
Total Interest Paid
$412,946
Total Cost
$708,946