5768 S Archer Avenue , Chicago, IL 60638

$620,000
  • 5768 S Archer Avenue , Chicago, IL 60638 Main Photo

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New to the Market New
BEDS8 BATHS5 full MLS#12789557
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

Property Description

ATTENTION INVESTORS! LEGAL BRICK 3-FLAT IN GARFIELD RIDGE! Excellent investment opportunity! Solid, well-maintained brick 3-flat in Chicago's desirable Garfield Ridge neighborhood. The first and second floors each feature 3 bedrooms and 1.5 bathrooms. The garden-level unit offers two separate entrances, 2 bedrooms, a kitchen, living room, dining room, and a full updated bathroom. The property features a detached 2-car garage, separate electric meters for each unit, and separate gas meters for the first and second floors. The first-floor and garden units share a gas meter. Coin-operated laundry in the basement provides an additional source of income. Numerous updates and improvements include a remodeled second-floor unit in 2021, a remodeled garden unit in 2022, a boiler replaced in 2025, a sump pump replaced in 2024, both water heaters replaced in 2020, basement window blocks replaced in 2019, front windows on the first and second floors replaced in 2015, and recently completed tuckpointing. This property is in excellent condition and has been exceptionally well cared for. Fully rented and generating income from day one, it is an excellent opportunity for investors seeking a solid, income-producing property. Conveniently located near major highways, public transportation, shopping, restaurants, and other neighborhood amenities. Don't miss this outstanding investment opportunity!

5768 S Archer Avenue | MLS# 12789557

This multi-family property located at 5768 S Archer Avenue , Chicago, IL 60638 is currently listed for sale with an asking price of $620,000. S Archer Avenue is located within the District 299 school district. Search Chicago real estate on www.gogambino.com today.

Upcoming Open Houses

Open House Friday October 23rd, 10:00am - 12:00pm

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Exterior Entry, Walk-Out Access
Garage: 2.5
Heating: Gas
Lot Size: 0.07 Acres
Roof Type: Asphalt
Taxes: $7,968
Year Built: 1977

Feature Descriptions

Exterior: Brick
Lot Dimensions: 25X125
Parcel#: 19093120390000
Parking: Yes, Garage Owned, Detached, Garage
Sewer: Public Sewer
Total Rooms: 15
Township: Lake
Water: Lake Michigan

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: RE/MAX 10
Agency Phone: 708-857-1500

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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Estimated Payment

$ 3,661.07 per month $2,816.23 Principal & Interest $664.00 Property Tax $180.83 Homeowner's Insurance

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