Real Estate Agent Andrew (AJ) Kordash

Andrew (AJ) Kordash REALTOR®

(815) 519-1644
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7450 W Archer Avenue, Summit, IL 60501

$849,900
SAVE TOUR PROPERTY
  • 7450 W Archer Avenue, Summit, IL 60501 Main Photo

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New to the Market New
MLS#12654433
STATUSNew PROPERTY TYPECommercial - Business
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Property Description

Prime commercial land opportunity in the heart of Summit featuring a generous 100 x 200 ft parcel with B-1 neighborhood business / mixed-use commercial zoning. Excellent visibility and strong exposure with nearby IDOT reported traffic counts of approximately 17,500 to 24,500 vehicles per day, making this an outstanding location for a wide range of business and investment opportunities. Located within the Village's Enterprise Zone, offering potential special financing programs, tax incentives, and economic development benefits for qualifying projects. Buyers are encouraged to review the Village municipal code and permitted uses through Zoneomics Summit Code Index and the Village zoning resources for additional development possibilities. Ideal for retail, service businesses, mixed-use concepts, office, redevelopment, or long-term investment. Seller will also entertain land lease opportunities, creating additional flexibility for developers, investors, and business owners. Convenient location with strong traffic flow, established surrounding businesses, and easy access to major transportation corridors.

7450 W Archer Avenue | MLS# 12654433

This commercial property located at 7450 W Archer Avenue, Summit, IL 60501 is currently listed for sale with an asking price of $849,900. Search Summit real estate on aj.bhhscrosby.com today.

Property Features

Property Type: Commercial - Business
Cooling: None
Lot Size: 0.46 Acres
Taxes: $7,450
Year Built: 1893

Feature Descriptions

Current Use: Commercial
Electric: None
Fire Protection: None
HVAC: None
Lot Dimensions: 20000
Parcel#: 18124140200000
Potential Use: Commercial

Listed By / Shown By

Listed By

Agency Name: @properties Christie's International Real Estate
Agency Phone: 847-295-0700

Shown By

Agent Name: Andrew (AJ) Kordash
Agent Phone: (815) 519-1644
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate

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