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3218 S Archer Ave Unit 201
Condo
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$348,000

$348/sqft

3218 S Archer Ave Unit 201, Chicago

71% below median
2 bd·2 ba·1,000 sqft
Built 2022McKinley Park

3218 S Archer Ave Unit 201, Chicago, IL

2 bd · 2 ba · 1,000 sqft Condo listed at $348,000, built in 2022 in the McKinley Park neighborhood.

About this home

Well-maintained, 3-year-new apartment offering 2 bedrooms and 1.5 bathrooms with wood laminate flooring throughout. The bright and spacious living room features abundant natural light and floor-to-ceiling windows. Open modern kitchen with stainless steel appliances and in-unit washer and dryer. Two generously sized bedrooms offer excellent natural light and walk-in closets. Custom storage shelving in the living room and laundry area enhances functionality and space efficiency. An indoor parking space inclueds. Excellent location with convenient access to public transportation, including Bus #62, walking distance to the Orange Line, and just a 5-minute drive to Chinatown and Downtown. Close to Mariano's, Walgreens, CVS, Dollar Tree, Jewel Osco, Cermak Supermarket, and other neighborhood amenities.

Property details

Price
$348,000
Bedrooms
2
Bathrooms
2
Interior
1,000 sqft
Price / sqft
$348
Year built
2022
Type
Condo
Days on market
130
Est. property tax
$7,238/yr · $603/mo · 2.08% IL avg
HOA
$301/mo

Estimated monthly payment

Down payment20% ($69,600)
Interest rate6.75%
Principal & Interest$1,806
Property Tax$319
Insurance$150
Total$2,275/mo

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Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 60608)

This neighborhood is primarily renter-occupied (40% owner-occupied). Median age is 34.1; 19% hold a bachelor's degree; median household income is $66,821.

Median income
$66,821
Median age
34.1
Owner-occupied
39.5%
Bachelor's degree
19.1%
Census median home value
$321,600

Source: US Census Bureau American Community Survey 5-year estimates.

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