5788 S Archer Avenue, Chicago, IL 60638 | MLS #12614377 | Berkshire Hathaway HomeServices Chicago
 
Listing provided courtesy of RE/MAX 1st ServiceMREDas Distributed by MLSGrid- MLS# 12614377MLS Provider

5788 S Archer AvenueChicago, IL 60638

Commercial · 4,230 Sq. ft.
$699,900 Active

5788 S Archer Avenue Overview

Time on Site:
80 days
Visits:
2

Long time owners are selling this multi use building. Currently, the first floor is a former successful bar which occupies 2 store fronts and up stairs 4 apartments: 3 bedroom (owners unit vacant) 2-2 bedrooms and 1-1 bedroom plus 2 car garage. This two-story brick mixed-use property presents an outstanding opportunity for investors and owner-users seeking a strong presence in Chicago's vibrant Garfield Ridge community. A building like this doesn't come around too often. Incredible mixed use opportunity. This building has been very well maintained. Perfect location along Archer ave in Garfield Ridge high exposure with an approximate square footage of 4230. First floor has a long time established bar Rudy & Anna's that served the community for almost 50 years. The first floor is divided between the bar on one side and banquet room on the other and the rear has a kitchen area and storage. The 2nd floor has owners unit which is a large 3 bedroom unit on the west side of the building. The 2-2 bedroom and 1-1 bedroom units can be accessed on the other side of the building.

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5788 S Archer Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 4,230
  • Price/Sq.ft. $165

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Existing Lease Type: N/A
  • Fuel Expense: 0
  • Gross Income: 19200
  • Gross Scheduled Income: 19200
  • Insurance Expense: 0
  • Trash Expense: 1421
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1925

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Garfield Ridge
  • Township: Lake

Tax Information

  • Tax Annual Amount: $9,041.00
  • Tax Year: 2024

General Information

  • Parcel Number: 19093110420000
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: RTAIL

Interior

Building Information

  • Other SqFt.: 2100
  • Retail SqFt.: 2100

Building Interior

  • Building Area Total: 4230

General Information

  • Cooling: Window Unit(s)
  • Electric: Service - 101 to 200 Amps
  • Flooring: Vinyl
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 50 x 127
  • Lot Size Square Feet: 6250

Building Exterior/Construction

  • Construction Materials: Brick, Aluminum Siding

General Information

  • Number Of Units Total: 5

5788 S Archer Avenue Neighborhood

Community

60638 (CHICAGO) Demographics

38
Median Age
5,137
Population Density (per sq. mile)
31%
College Educated
$68,041
Estimated Median Income
15,909
Estimated Total Home Owners
4,317
Estimated Total Renters
79% / 21%
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.

5788 S Archer Avenue Monthly Cost

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* 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.

5788 S Archer Avenue Market Data

Based on the last 30 days in this zip code

$365,806
Average List Price
$252
Average Price per Square Foot
34
Properties Sold
52
Average Days on Market
119
Properties for Sale
Calculations provided by Reliance Network

5788 S Archer Avenue History

Date Event Value Agent
6/21/2026Source: MRED Status Change
Active
6/15/2026Source: MRED Price Reduction
$699,900 -6.7%
6/15/2026Source: MRED Status Change
Price Change
4/15/2026Source: MRED Status Change
Active
4/10/2026Source: MRED Added to Database
April 10, 2026