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Neil Hackler

[email protected] +1(773) 677-3479

$ 349,880

Est. payment -/mo

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7318 W Archer AVE Summit, IL 60501

4 Beds

2 Baths

UPDATED:

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

Area Summit

Rooms

Basement None

Interior

Heating Natural Gas, Forced Air, Baseboard

Fireplace N

Exterior

Exterior Feature Lighting

Community Features Sidewalks, Street Lights, Street Paved

Utilities Available Cable Available

Building

Lot Description Corner Lot, Landscaped

Dwelling Type Two to Four Units

Building Description Vinyl Siding,Brick, No

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

Listed by Hisham Bedeir • Compass

Neil Hackler

Real Estate Advisor | License ID: 167138

+1(773) 677-3479

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