7318 W Archer Avenue, Summit, IL 60501

20 Photos
 
$349,880
Active for Sale
 
Listing ID 11530631
Property Type Multi-Unit (2-4)
County Cook
Township Lyons
Neighborhood Summit
Total Tax $8,256
Tax ID 18124170220000
FEMA Flood Map fema.gov/portal
Year Built 1923
   
Virtual Tour
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.
Property Details
  • 4 Total Bedrooms
  • Built in 1923
  • Renovated 2024
Interior Features
  • 11 Rooms
  • Den/Office
  • Baseboard
  • Forced Air
  • Natural Gas Fuel
Exterior Features
  • Masonry - Brick Construction
  • Vinyl Siding
  • Municipal Sewer
  • Corner
Taxes and Fees
  • $8,256 Total Tax
  • Tax Year 2023
Listed By
Hisham Bedeir
Compass
Office: 630-974-6750
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