7410 W Archer Avenue

Summit, IL
$ 459,000 Beds 0 Baths 0 Sq 5,588 Virtual Tour
Monthly Estimate* How much can I afford?

Be your own boss! Mixed use building and laundromat for sale. Located on highly traveled Archer Ave. Please see I guide for virtual tour. Many updates over the years such as roof, windows, apartment remodels, & mechanicals. Attached 2 1/2 car garage. 2 residential units rented, one of the office spaces is used by current owner, 2nd office space & garage rented. Owner maintains and manages the laundry. Great Income! Mixed use building resulting in low real estate taxes.

Commercial

  • Price
  • $ 459,000
  • Lot Size
  • Bedrooms
  • 0
  • Sqr Footage
  • 5,588
  • Full Bathrooms
  • 0
  • Year Built
  • 1916
  • Half Bathrooms
  • 0
  • City, Zip
  • Summit
  • Taxes
  • 16457
  • County
  • COOK
  • Style
  • Commercial,Office and Research
  • Area
  • Summit
  • MLS#
  • 11009903
  • Zip
  • 60501
Listing Provided by: HomeSmart Realty Group
Data Source: Midwest Real Estate Data LLC

Features

General

Construction Materials Brick
Cooling Central Air, Wall Sleeve
Current Use Commercial, Office
Electric Circuit Breakers
Fuel Expense 4425
Possible Use Commercial, Office and Research
Property Type Mixed Use
Property Type Commercial Sale
Standard Status Active
Stories 2
Tax Annual Amount 16457
Total Units 5
Township Lyons
Water Sewer Expense 4100
Zoning MULTI

Interior Features

Total Fireplaces 1

Exterior Features

Building Area Total 5588
Exterior Vinyl Siding, Brick
Foundation Details Concrete Perimeter
Frontage Type City Street
Lot Dimensions 57X125
Lot Size Square Feet 7126
Total Parking 11

Room Details

Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Loves Park, IL office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/4/2021 Listed $459,000

Property vs Zip Code Average in 60501

Price
AVG $330K
$460K
Taxes
AVG $20,581
$16,457
Visits
AVG 104
51
Year Built
AVG 1925
1916
Walkscore
AVG 77
77
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

7410 W Archer Avenue Summit, IL is a Single Family Home for sale at $459000 with 5588 sqft and a lot size of Acre(s). 7410 W Archer Avenue Summit has 0 bedrooms, 0 baths and was built in 1916. The property's zip code is 60501 which is in Summit, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.