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Listing provided courtesy of RE/MAX Mi CasaMREDas Distributed by MLSGrid- MLS# 12586538MLS Provider

4044-48 S ARCHER AvenueChicago, IL 60632

Commercial
$619,000 Active

4044-48 S ARCHER Avenue Overview

Time on Site:
112 days
Visits:
7

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, all fully 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 three 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.

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4044-48 S ARCHER Avenue Facts & Features

  • Type Commercial

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Electric Expense: 0
  • Existing Lease Type: Net
  • Fuel Expense: 0
  • Gross Income: 64393
  • Gross Scheduled Income: 64393
  • Insurance Expense: 4115
  • Net Operating Income: 42847
  • Operating Expense: 21546
  • Trash Expense: 0
  • Water Sewer Expense: 2568

Building Information

  • Year Built: 1960

Business Information

  • Business Type: Retail
  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Brighton Park
  • Township: Lake

Tax Information

  • Tax Annual Amount: $22,216.63
  • Tax Year: 2024

General Information

  • Parcel Number: 19012040300000
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 0

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Leasable Area: 1400
  • Stories: 1

Unit Information

  • Unit SqFt.: 0

Exterior

Lot Information

  • Additional Parcels: Yes
  • Frontage Type: City Street
  • Lot Size Dimensions: PER SURVEY
  • Lot Size Square Feet: 0

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 3

4044-48 S ARCHER Avenue Neighborhood

Community

60632 (Chicago) Demographics

31
Median Age
11,593
Population Density (per sq. mile)
16%
College Educated
$46,937
Estimated Median Income
13,824
Estimated Total Home Owners
11,346
Estimated Total Renters
55% / 45%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4044-48 S ARCHER Avenue Monthly Cost

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$ %
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$
Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4044-48 S ARCHER Avenue Market Data

Based on the last 30 days in this zip code

$356,042
Average List Price
$254
Average Price per Square Foot
16
Properties Sold
60
Average Days on Market
48
Properties for Sale
Calculations provided by Reliance Network

4044-48 S ARCHER Avenue History

Date Event Value Agent
6/13/2026Source: MRED Status Change
Active
6/8/2026Source: MRED Price Reduction
$619,000 -4.6%
6/8/2026Source: MRED Status Change
Price Change
5/4/2026Source: MRED Status Change
Active
4/29/2026Source: MRED Price Reduction
$649,000 -3.9%
4/29/2026Source: MRED Status Change
Price Change
3/14/2026Source: MRED Status Change
Active
3/9/2026Source: MRED Added to Database
March 09, 2026