7123-7127 W Archer Ave - Storefront FOR SALE


Chicago, IL 60638- Garfield Ridge
$648,000 USD
818-510-3158
7123-7127 W Archer Ave, Chicago, IL for Sale
$648,000 USD
Storefront - FOR SALE
1/5
null | 8.11% Cap Rate

7123-7127 W Archer Ave
Chicago, IL 60638
Garfield Ridge


HIGHLIGHTS

  • Prime Location With High Visibility: Strategically located on Archer Ave (±30,900 VPD) and directly off of Harlem Ave (±46,800)
  • Long Tenant Operating History
  • Medical Office Investment
  • National Leader In Dermatology Services

OVERVIEW

This property offering at 7123-7127 W Archer Avenue & S Harlem Avenue represents a strategic investment or owner-user opportunity located at one of Chicago’s highly traversed intersections in the Garfield Ridge district. The site provides exceptional frontage and exposure along both Archer Avenue and Harlem Avenue, benefiting from substantial vehicular traffic and established neighborhood customer bases. The asset comprises storefront retail units ideal for service-oriented businesses, boutique retailers, or neighborhood dining concepts. Its configuration provides flexibility for multiple tenants and stable long-term income potential, while also remaining suitable for a single occupant seeking prominent brand visibility.

FOR SALE DETAILS

PRICE

$648,000 USD

PRICE/SF

$155 USD /SF

CAP RATE

8.11%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

CROSS STREETS

S Harlem Ave.

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

50

APN/PARCEL ID

19-18-101-001-0000

ASK ABOUT THIS PROPERTY

Remi BogdanovichMatthews Real Estate Investment ServicesMore Info
818-510-3158

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Remi BogdanovichMatthews Real Estate Investment ServicesMore Info
818-510-3158

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.