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5768 S Archer Avenue Chicago, IL 60638

$620,000
Active / MLS# 12789557 / Multi Unit - Multiple / Chicago
8 Beds
5 Baths

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!

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Estimated Payment

$ 2,440.17 per month $1,595.33 Principal & Interest $664.00 Property Tax $180.83 Homeowner's Insurance
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Property Details

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

Schools

School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

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Listing Office: RE/MAX 10

Listing Office Phone: 708-857-1500



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