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Listed by Frank Paganisof Coldwell Banker Real Estate Group
$ 274,900
Est. payment /mo
Price Dropped by $25K
6244 S Archer Road Summit, IL 60501
4,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $61
MLS Listing ID 12513835
Year Built 1919
Annual Tax Amount $34,412
Tax Year 2023
Lot Dimensions 120X180
Property Sub-Type Retail/Stores
Property Description
Well-located neighborhood retail/strip center opportunity along highly traveled Archer Avenue in Summit, Illinois. This single-story property consists of approximately 4,500 square feet across three individual retail units, each roughly 1,500 square feet, offering flexibility for investors or owner-users. Situated on a 120 x 180 lot, the building provides excellent street exposure and frontage on Archer Road, a key commercial corridor serving the surrounding residential and business communities. The property is zoned MX and was originally constructed in 1919, offering a classic retail footprint adaptable to a variety of uses. The building is currently configured for multiple tenants and features forced-air gas heat, window-unit air conditioning, circuit breaker electric, and on-site utilities. Total reported annual income is $22,800, with individual spaces available, making this an attractive value-add or repositioning opportunity. Ideally suited for retail, service, or neighborhood-oriented businesses seeking visibility and accessibility in a dense Cook County market.
Location
State IL
County Cook
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
View Y/N true
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