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7123-7127 W Archer Ave
Chicago, IL 60638 Garfield Ridge

$665,000 USD

Storefront For Sale  •  4,186 SF

Property Details

• Property Type Storefront
• Total Building Size 4,186 SF
• Lot Size 0.15 AC
• Building Class C
• Year Built 1940
• Cap Rate 7.91 %
• Tenancy Single
• Zoning 50

48 Transit Score

84 Walk Score

Highlights

PRIME LOCATION WITH HIGH VISIBILITY: Strategically located on Archer Avenue (±30,900 VPD) and directly off of Harlem Avenue (±46,800).

NATIONAL LEADER IN DERMATOLOGY SERVICES: Pinnacle Dermatology is one of the largest and fastest-growing dermatology networks in the U.S.

LONG TENANT OPERATING HISTORY: The site has offered dermatology services since 1981, originally tenanted by Southwest Dermatology, P.C.

$70 BILLION INDUSTRY: The global dermatology market is expected to reach $70B by 2027, growing at a compound annual growth rate (CAGR) of 8-9%.

MEDICAL OFFICE INVESTMENT: Healthcare real estate remains a highly attractive investment due to its resilience in challenging economic climates.

Property Flyers

Pinnacle Dermatology - Chicago, IL - OM

Cap Rate:

7.91 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Pinnacle Dermatology

Amenities

• Signage

Public Transportation

Commuter Rail	Drive	Walk	Distance
Summit Station (Heritage Corridor Line - Northeast Illinois Regional Commuter Railroad (Metra))	2 min	15 min	0.8 mi
Harlem Avenue Station (Burlington Northern-Santa Fe Railway Line - Northeast Illinois Regional Commuter Railroad (Metra))	5 min	-	2.9 mi
Transit/Subway	Drive	Walk	Distance
Summit Station (Heritage Corridor Line - Northeast Illinois Regional Commuter Railroad (Metra))	2 min	15 min	0.8 mi
Airport	Drive	Walk	Distance
Chicago Midway International	5 min	-	2.5 mi
Chicago O'Hare International	33 min	-	18.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	5
Type:	Surface
Included in Rent:	Yes