Homes for sale - 7318 W Archer Avenue, Summit, IL 60501

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Brian O'Neill

brian@brianoneillrealty.com +1(773) 383-6186

Listed by Hisham Bedeir • Compass

$ 349,880

Est. payment | -/mo

4 Beds

Save

$ 349,880

Est. payment | -/mo

Save

4 Beds

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12398404

Bedrooms 4

Year Built 1923

Annual Tax Amount $8,256

Tax Year 2023

Lot Dimensions 29.9X125.5X29.9X125.6

Property Sub-Type Two to Four Units

Property Description

Well-maintained all-brick two-flat in a prime Summit location just off Archer Avenue, priced to move and full of upside. Zoned R-4 with B-2 overlay potential, this is a rare opportunity to own a flexible property in a high-demand pocket-ideal for investors or live-in owners. Each unit offers 2 bedrooms, 1 bathroom, a four-season front room, updated kitchens with stainless steel appliances and dishwashers, and separate private laundry. The building has been thoughtfully upgraded with copper plumbing, separate forced-air heating with central air, and tenants pay all utilities except water. The upper unit is leased through 2026, but the tenant is open to early move-out for an owner-occupant buyer. The lower unit is vacant and ready to go, perfect for immediate occupancy or rental. Off-street parking available through the Village of Summit with permit. Whether you're looking to generate immediate income, house hack, or convert to a hybrid commercial use-this one checks all the boxes. Property is being sold AS-IS. Bring your vision, and act quickly-opportunities like this don't last.

Location

State IL

County Cook

Community Sidewalks, Street Lights, Street Paved

Rooms

Basement None

Interior

Heating Natural Gas, Forced Air, Baseboard

Fireplace N

Exterior

Exterior Feature Lighting

Utilities Available Cable Available

View Y/N true

Building

Lot Description Corner Lot, Landscaped

Sewer Public Sewer

Water Lake Michigan

Structure Type Vinyl Siding,Brick

New Construction false

Schools

High Schools Argo Community High School

School District 104, 104, 217

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

GET MORE INFORMATION

Brian O'Neill

REALTOR® | Lic# 475.188292

brian@brianoneillrealty.com

+1(773) 383-6186

50 S Main St, Suite 200, Naperville, IL, Other

7318 W Archer Avenue Summit, IL 60501

Brian O'Neill

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

7318 W Archer Avenue

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