6071 S Archer Ave - Restaurant FOR SALE


Chicago, IL 60638
$1,850,000 USD
872-328-5271
6071 S Archer Ave, Chicago, IL for Sale
$1,850,000 USD
Restaurant - FOR SALE
1/21
null | Request Cap Rate

6071 S Archer Ave
Chicago, IL 60638


HIGHLIGHTS

  • Great for Spanish-owned restaurant with great access to bus line and 0.5 mile from Chicago Midway International Airport.
  • Over 108 feet of frontage along S Archer Avenue at the signalized intersection of Mayfield and Archer.
  • Great location next to Jewel Osco and among a mix of national and local restaurants like KFC, Danny's Pizza Place, Nicky's Hot Dogs, and others.
  • Close vicinity to AMITA Health Chicago and numerous religious facilities nearby.
  • 2,500 Square Foot Apartments on Second Floor - Can Easily Be Converted to Office Space

OVERVIEW

LAST CHANCE !!! BEFORE WILL TURN TO SOMETHING ELSE .Great for spenish speaking investors opportunity over: 13,000 SF building plus 1,000 SF basement storage room Bilding being used as a banquet hall and restaurant is open with valid liquor and food licenses redy for new owner to take over. Banquet hall can be easily divided into two different spaces. Building capacity of 400 people. Current tenant has been operating for over 38 years. Business potential over $1M a year with assistance available from the current owner. Second floor features additional 2,500 SF of apartments that can be renovated or converted to office space or two apartments. 34-38 parking spaces are available on site, too. Property and business value worth $2.5M: price reduce to $1.7M !!! or best offer by jan-03-2026 call 773-585-0202. Owner motivated by retirement!

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$142 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

CROSS STREETS

S Mayfield Ave

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

B3-1

APN/PARCEL ID

19-08-424-103-0000

ASK ABOUT THIS PROPERTY

Jozef CzerwienFlamingo CafeMore Info
872-328-5271

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Jozef CzerwienFlamingo CafeMore Info
872-328-5271

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