Investor Opportunity!!! Mixed Use Retail/Residential building on a corner lot of Archer Ave in Summit. Building features 3 Commercial Front units, 3 Residential units and 6 SRO units. Situated on almost half an acre with opportunity to develop. Building is vacant. Building is being sold in AS IS condition, no surveys nor disclosures, taxes prorated.
Don't miss this opportunity to own and operate your own drinking and gathering establishment in Summit. This mixed use building is offering 2,500sf of fully turn-key excitement. All items in this bar are included 10 TVs, tables, chairs and all bar stools. The rear of the property has a 2 bedroom apartment for your living space. This location is in a prime area, near expressways, stores and restaurants. This property won't last, so book your showing today!
HIGHLY VISIBLE HARLEM AVENUE MIXED USE. LONG-TIME OWNER CURRENTLY OCCUPIES THE PROPERTY. RUN YOUR BUSINESS AND LIVE IN THE SAME BUILDING OR BECOME THE LANDLORD OF THE BUILDING. 1ST FLOOR IS APPROXIMATELY 1500SF AND INCLUDES A KITCHEN AREA/FULL BATHROOM AND 2-CAR ATTACHED GARAGE. 1ST FLOOR HAS AC UNIT! REMODELED BATHROOM IN 2019. 2ND FLOOR APARTMENT HAS 3 BEDROOMS, 1 BATHROOM AND A ROUGH-IN FOR A 2ND BATHROOM. ROOF REPLACED IN 2016, BOILER 1994 AND HWT 2000. SOME WINDOWS REPLACED IN 2007. THE ATTACHED 2-CAR GARAGE ALSO INCLUDES A GARAGE HEATER. ADD'L BONUS ROOM ON 2ND FLOOR CAN BE FINISHED INTO A FAMILY ROOM/ETC!
Hard Corner Strip Center at 63rd and Harlem with 12 additional lots to expand center, add parking, build separate retail or office building or more. 4 retail spaces fully leased inside the retail building with long term leases and good rents. Large sign on corner for all tenants and amazing visibility. Access to both Harlem as well as 63rd. Street. Just down the street from Seat Geek Stadium and near everything Harlem has to offer. Highly dense and strong vehicle traffic. Call for Financials and additional information.
The median home value in Summit, IL is $176,000. This is lower than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Summit, IL is $176,000. Approximately 51.64% of Summit homes are owned, compared to 39.67% rented, while 8.69% are vacant. Summit real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Summit real estate agent to arrange a tour today!
Summit, Illinois has a population of 11,098. Summit is more family-centric than the surrounding county with 34.55% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Summit, Illinois is $48,929. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Summit is 34.5 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 19.6 degrees. The average rainfall is approximately 39.1 inches per year, with 31.9 inches of snow per year.