NOT LISTED FOR SALE

6848 W Archer Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $66,000 - $67,107

0.07 Acres
$950,771 Price per Acre
3,049 Sq Ft Lot

Sale Details

Date Sold: December 16, 2024

Last sale price $64,000

Est. 4% increase in value since last sale

Current estimated payment $435 / mo

143 Days on Market

About This Lot

As of December 2024

MOTIVATED SELLER!!!!!!!Location, Location, Location! Great investment opportunity for a minimal investment to build your dream business on this prime piece of land in Garfield Ridge. Commercial Vacant lot, this is a Prime location on busy Archer Ave. High traffic count (32,000 + VPD) with great visibility surrounded by thriving businesses. Current zoning is B3-1, which offers a multitude of uses. gas, electric & water nearby. Parking in front and in rear. Easy access to public transportation & I'55. Just a few blocks from Harlem & Archer Intersection. Fantastic deal @ this Price! Drive by, walk the property today!

Last Agent to Sell the Property

Maureen McDevitt

Baird & Warner License #475181349 Listed on: 05/23/2024

Baird & Warner

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $916

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25 x 125
  • Property fronts an alley
  • Property is zoned COMMR

Parking

  • Off Alley Driveway

Utilities

  • Gas Available at Street

Community Details

Amenities

  • No Laundry Facilities

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$916

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Road Surface Type: Asphalt
  • General Information: Commuter Bus,Interstate Access
  • Actual Status: Closed
  • ResoPropertyType: Land
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Office and Research, Retail, Other
  • Basement Description: None
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street, Public Road, Alley Access
  • Waterfront: No

Garage/Parking

  • Driveway: Off Alley

Utilities

  • Laundry Features: None
  • Utilities: Electric Nearby, Gas Nearby, Sanitary Sewer, Water Nearby

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25 X 125
  • Zoning: COMMR
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 915.89
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Dec 6, 2024
Sold by
Bought by
Seller's Agent
Maureen McDevitt
Baird & Warner
Buyer's Agent
Non Member
NON MEMBER
List Price
$79,900
Sold Price
$64,000
Premium/Discount to List
-$15,900
-19.9%
Views
44
Current Estimated Value
$66,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,554
Avg. Annual Appreciation
2.63%

Purchase Details

Closed on
Sep 22, 2009
Sold by
Bought by

Purchase Details

Closed on
Mar 4, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
7.06%
Mortgage Type
Seller Take Back
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$64,000 Citywide Title
$50,000 Pntn
$310,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $255,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/16/2024 12/16/24 Sold $64,000 -1.4% --
10/14/2024 10/14/24 Pending -- -- --
08/21/2024 08/21/24 Price Changed $64,900 -7.2% --
07/26/2024 07/26/24 Price Changed $69,900 -12.5% --
05/23/2024 05/23/24 For Sale $79,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $940 $4,688 $4,688 --
2024 $940 $4,688 $4,688 --
2023 $916 $4,453 $4,453 --
2022 $916 $4,453 $4,453 $0
2021 $895 $4,453 $4,453 $0
2020 $992 $4,453 $4,453 $0
2019 $895 $4,453 $4,453 $0
2018 $880 $4,453 $4,453 $0
2017 $874 $4,062 $4,062 $0
2016 $814 $4,062 $4,062 $0
2015 $744 $4,062 $4,062 $0
2014 $754 $4,062 $4,062 $0
2013 $739 $4,062 $4,062 $0
Source: Public Records

Agents Affiliated with this Home

  • Maureen McDevitt

    Seller's Agent in 2024

    Maureen McDevitt

    Baird Warner

    (708) 491-4155

    17 in this area

    47 Total Sales

    Maureen McDevitt
    Section Image

  • N

    Buyer's Agent in 2024

    Non Member

    NON MEMBER

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12063903

Midwest Real Estate Data (MRED)

APN: 19-07-329-037-0000

Illinois Cook County Chicago 60638 Garfield Ridge

6848 W Archer, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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