8442 Archer Avenue, Willow Springs, IL 60480 | 11248573 | Berkshire Hathaway HomeServices Chicago

8442 Archer Avenue $570,000


    8442 Archer Avenue Willow Springs, IL 60480

    • Commercial
    • MLS# 11248573
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    Views: 30 Days On Site: 478

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    Property Details

    Limited time. Huge price reduction for quick sale. Our story: It's time to retire and as a turnkey operation sell our life's work to a buyer with the vision and enthusiasm of successfully leveraging off of our past 79 years of business operations and highly unique decor, dining, banquet, entertainment and catering concepts. "BONNIES DINING & BANQUETS AND THE ILLINOIS BILLIARD CLUB" Who and what we are ... Collectively for over 79 years we are two separate entities uniquely designed under one roof. A public banquet facility and private billiard club that either of which (independently or collectively) host small to mid size dining and entertainment special events, banquets and parties to service up to 100 guests. Unique special events ranging from traditional family celebrations of life (Anniversaries, Graduations, Birthdays, Showers, Weddings, etc.) to corporate team building meetings, school, church, fund raisers and community events. ADDITIONAL INFO: The property consists of 2 addresses, 8442 Archer Ave and 8446 Archer Ave. Mixed use zoning. Slot machines/gaming on the property. The property also has 2 apartments with the building. Each Apartment is 2 bed 1 bath, and approx, 1000 square feet. This property is extremely unique, and a great buy. Low Taxes. Once in a lifetime opportunity!

    • General Features
      • Additional Parcels Y/N No
      • Area Willow Springs
      • County Or Parish Cook
      • Electric Expense 0
      • Fuel Expense 0
      • Gross Income 0
      • Gross Scheduled Income 0
      • Number Of Units Total 4
      • Operating Expense1 0
      • Tax Annual Amount 10977.7
      • Tax Year 2020
      • Year Built 1955
      • Zoning OTHER
    • Building Features
      • Building Area Total 6800
      • Cooling Central Air
      • Electric Circuit Breakers
      • Stories 2
    • Property Features
      • Lot Size Dimensions 63.8X174.9X63.8X174.9
      • Lot Size Square Feet 11170
      • Parcel Number 18333170360000
      • Parking Total 20



    60480 (Willow Springs) Demographics

    49 Median Age
    821 Population Density (per sq. mile)
    44% College Educated
    $95,651 Estimated Median Income
    1,702 Estimated Total Home Owners
    418 Estimated Total Renters
    80% / 20% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    5,009 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $307,450 Median Sales Price
    10 Homes Sold
    12 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: Multiple Listing Service New Value: $570,000
        2/3/2023 12:17:24 AM Status Changed Source: Multiple Listing Service New Value: Active
        1/28/2023 12:47:18 PM Status Changed Source: Multiple Listing Service New Value: Price Change
        1/28/2023 12:47:18 PM Price Reduced Source: Multiple Listing Service New Value: $570,000 -14.93%
        10/31/2022 12:17:55 AM Status Changed Source: Multiple Listing Service New Value: Active
        10/25/2022 10:47:21 AM Status Changed Source: Multiple Listing Service New Value: Price Change
        10/25/2022 10:47:21 AM Price Reduced Source: Multiple Listing Service New Value: $670,000 -16.04%
        10/17/2021 12:35:00 PM New in Database Source: Multiple Listing Service New Value: $798,000

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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.