Summit IL Commercial for Sale

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Type:
Other
Sq.Ft.:
5,994
Status:
Active
Beds:
n/a
Year built:
1893
Baths:
MLS#:
12204181

ADDITIONAL INFORMATION

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.

Type:
Mixed Use
Sq.Ft.:
2,411
Status:
Active
Beds:
n/a
Year built:
1936
Baths:
MLS#:
12196538

ADDITIONAL INFORMATION

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!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1961
Baths:
MLS#:
12004870

ADDITIONAL INFORMATION

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!

Type:
Other
Sq.Ft.:
4,550
Status:
Active
Beds:
n/a
Year built:
1970
Baths:
MLS#:
11613246

ADDITIONAL INFORMATION

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.

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Summit Real Estate

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.

Summit Weather

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.

Summit Real Estate Market Conditions

  • Median sales price

    $176,000
    14.1% change since last quarter
  • # Active listings

    22
    30-day change

Summit Schools and Demographics

Education near Summit, IL

Metric City County
High School Graduates 63.83 87.97
College Degree - 2 year 5.76 6.73
College Degree - 4 year 11.77 40.75
Graduate Degree 2.34 12.01
Expenditures per Student 21,907 21,907
Students per Teacher 14 14

Elementary Schools near Summit, IL

School Grades Students P/T Ratio ZIP
Blair Early Childhood Center PK - 01 186 8.5 60638
Byrne Elementary School KG - 08 635 18.7 60638
Charles J SAHS Elementary School PK - 08 427 14.7 60638
Cossitt Avenue Elementary School PK - 06 594 15.4 60525
Costello School PK - 05 287 11.1 60534
DORE Elementary School PK - 08 669 19.2 60638
Frank A Brodnicki Elementary School KG - 06 695 14.5 60458
George T Wilkins Elementary School KG - 06 568 15.1 60458
Gladness V Player Early Childhood Center PK - 01 193 21.4 60458
Grimes Elementary School PK - 08 470 18.8 60638
HALE Elementary School PK - 08 942 20.8 60638
Hearst Elementary School PK - 08 318 16 60638
Highlands Elementary School PK - 05 527 12.6 60525
Hodgkins Elementary School PK - 06 203 9 60525
Ideal Elementary School PK - 06 364 12 60525
J W Robinson Junior Elementary School PK - 05 273 13.1 60534
Kinzie Elementary School PK - 08 667 16.3 60638
Ogden Avenue Elementary School PK - 06 610 16.4 60525
Otis P Graves Elementary School PK - 04 529 17.6 60501
Pleasantdale Elementary School PK - 04 466 14 60525
Seventh Avenue Elementary School PK - 06 211 10.4 60525
Spring Avenue Elementary School PK - 06 344 14.4 60525
Twain Elementary School PK - 08 1,193 21.2 60638
W W Walker Elementary School KG - 04 214 10.2 60501
Walsh Elementary School PK - 04 371 15.5 60501

Middle Schools near Summit, IL

School Grades Students P/T Ratio ZIP
Dr Donald Wharton Elementary School 05 - 05 188 23.5 60501
Geo T Wilkins Junior High School 07 - 08 591 12.6 60458
Heritage Middle School 06 - 08 560 21.5 60501
Highlands Middle School 06 - 08 311 13 60525
Washington Middle School 06 - 08 792 13.7 60534
Wm F Gurrie Middle School 07 - 08 318 12.4 60525

High Schools near Summit, IL

School Grades Students P/T Ratio ZIP
ARGO Community High School 09 - 12 1,761 16.2 60501
Kennedy High School 09 - 12 1,542 15.8 60638
Lyons Township High School 09 - 12 3,961 15.7 60525

Demographics near Summit, IL

Metric City County
Neighborhood Type Suburban
Population 11,098 5,265,398
Population Density 5,237 5,572
Median Age 34.5 37.3
People per Household 3.2 2.5
Median Household Income 48,929 72,121
Average Income per Capita 21,469 41,706