Jeremy Noel
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
Outstanding investment opportunity in the heart of Brighton Park at the highly visible corner of Archer Ave and California Ave. This well-maintained brick commercial strip center features three retail storefronts, 2 are leased with established long-term tenants, providing stable and consistent income from day one. Situated along one of the area's busiest commercial corridors, the property benefits from excellent street exposure and strong vehicle and pedestrian traffic, surrounded by established businesses and residential communities. In addition to the retail rental income, the property also generates additional revenue from a rooftop advertising sign, further enhancing its income potential. With two occupied units, steady cash flow, and a prime corner location, this property presents an excellent opportunity for investors seeking a reliable income-producing asset with future upside potential.
Property Highlights
Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1960
General Information
County: Cook
Listed By:
RE/MAX Mi Casa
773-767-1616
MRED MLS
MLS ID: 12698947
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4044-48 S Archer Avenue, Chicago, IL 60632.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $599,000 | $599,000 | $599,000 |
| Down Payment | $119,800 | $20,965 | $149,750 |
| Monthly Mortgage Amount | $2,951 | $3,621 | $3,701 |
| Taxes | $834 | $834 | $834 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $264 | $0 |
| Monthly Estimated Total | $3,960 | $4,894 | $4,710 |
Jeremy Noel
REALTOR®
Cell: (563) 543-7292
Licensed in IA
Dubuque Office
600 Star Brewery Drive
Suite 300
Dubuque, IA 52001
(563) 583-4550
Suite 300
Dubuque, IA 52001
(563) 583-4550
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