7410 Archer Avenue $459,000


    7410 Archer Avenue Summit, IL 60501

    • 0 Beds
    • 0 Baths
    • Business
    • MLS# 10795381
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    Views: 10 Days On Site: 139

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    Property Details

    Description Tours

    Well maintained Mixed Use building located on highly traveled Archer Ave resulting in great visibility. Money making laundromat PLUS income from 2 apartments, and office spaces. One office is currently used by owner, additional income possible! Please see I guide for virtual tour. Many updates over the years such as roof, windows, apartment remodels, & mechanicals. Attached 2 1/2 car garage. 2 residential units rented, one of the office spaces is used by current owner, 2nd office space rented. Owner maintains and manages the laundry. Financials available upon receipt to qualified buyers.

    • General Features
      • Additional Parcels Y/N No
      • Annual Rent For Real Estate 41400
      • Area Summit
      • Business Type Dry Cleaner
      • County Or Parish Cook
      • Current Use Commercial,Office
      • Operating Expense 34218
      • Ownership Type Sole Proprietor
      • Possible Use Commercial,Office and Research
      • Tax Annual Amount 16457
      • Tax Year 2019
      • Tenant Pays Air Conditioning,Electricity
      • Zoning COMMR
    • Building Features
      • Building Area Total 5588
      • Construction Materials Brick
      • Cooling Central Air, Wall Sleeve
      • Stories 2
    • Property Features
      • Frontage Type City Street
      • Lot Size Dimensions 57X125
      • Lot Size Square Feet 7126
      • Parcel Number 18124150210000
      • Parking Total 11
      • Waterfront Y/N No



    60501 (Summit) Demographics

    30 Median Age
    2,478 Population Density (per sq. mile)
    18% College Educated
    $48,014 Estimated Median Income
    1,769 Estimated Total Home Owners
    1,580 Estimated Total Renters
    53% / 47% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    11,990 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $214,900 Median Sales Price
    7 Homes Sold
    6 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $459,000
        1/8/2021 12:17:53 AM Status Changed Source New Value: Active
        1/2/2021 11:47:53 AM Status Changed Source New Value: Price Change
        1/2/2021 11:47:53 AM Price Reduced Source New Value: $459,000 -2.13%
        9/8/2020 4:39:14 PM Status Changed Source New Value: Active
        9/7/2020 12:22:16 AM Status Changed Source New Value: Active
        9/1/2020 12:53:00 AM New in Database Source New Value: $469,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
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