Summit, IL 60501,5535 S Archer RD
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Summit, IL 60501,5535 S Archer RD
Summit, IL 60501,5535 S Archer RD
Summit, IL 60501,5535 S Archer RD

$100,000

Est. payment /mo

$125,000

20.0%
Est.Price: ?

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5535 S Archer RD Summit, IL 60501

1,760 SqFt

SOLD DATE : 08/20/2025

Key Details

Sold Price $100,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 1,760 sqft

Price per Sqft $56

MLS Listing ID 12315747

Sold Date 08/20/25

Year Built 1908

Annual Tax Amount $6,467

Tax Year 2023

Lot Dimensions 25 X 125

Property Sub-Type Mixed Use

Property Description

Great opportunity! - Mixed use greystone situated on high traffic count (24,000 car per day) Archer Road, 1st Avenue location. 1,000 sq foot 1st floor commercial space with 2nd floor 1,000 sq ft, 2 bedroom apartment. Plenty of parking (6+) in rear. Perfect for an investor or owner occupied commercial tenant looking for the added income of a second floor apartment. Commercial space offers a lot of potential with many possibilities for office, retail or service occupants. 1st floor is currently vacant. Second floor occupied with month to month tenant. Property is in need of updating and rehab and is priced accordingly. Property is being sold AS-IS.

Location

State IL

County Cook

Area Summit

Zoning COMMR

Interior

Cooling None

Fireplace N

Building

Structure Type Block,Brick

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Midwest Real Estate Data (MRED) IDX
Listed by Joseph Slack • Slack Realty Group
Bought with Maria Ortiz • Kale Realty
agent

Elijah Reese

Designated Managing Broker | License ID: 471019825

+1(312) 848-2947

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