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7023 West Archer AvenueChicago, IL 60638Price: $290,000

  • Price: $290,000
  • Est. Mortgage of $/month
  • 74 Days on Market
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Federal 30-year interest rate: 6.09% last updated on Feb 12, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $290,000List Price
  • 1Bedrooms
  • 2Bathrooms
  • 1961Year Built
  • 1,400Square Feet

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Excellent Opportunity in Garfield Ridge on Archer Ave! This adaptable property-now zoned R-2-offers strong potential for investors, developers, or anyone looking to reimagine a well-located building. Positioned just two blocks east of Harlem Ave, it sits in a high-visibility area with convenient access to everyday amenities. The building includes a full basement for storage, two half baths, a rear storage room, and an additional room that already has a sink and refrigerator, giving you flexible options for future use. Key updates include a newer furnace, a 2-year-old water heater, and a roof replaced about 3 years ago. Parking is a major plus here, with 6-8 spaces available in the back-ideal for tenants or future plans. The location adds even more value: close to shopping, public transit, I-55, the Orange Line, and Midway Airport. If you're looking for a property with space, accessibility, and strong potential, this Garfield Ridge offering deserves your attention.

Property Details of 7023 West Archer Avenue

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Listed by Gregory Gromek of HomeSmart Realty Group

Based on information submitted to MRED  as of February 15, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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