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    7410 W Archer Avenue

    Summit, IL 60501
    • $459,000
    • STATUS: Active
    • ON SITE: 64 days
    • MLS #: 11009903
    UPDATED: 62 min ago
    $459,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,588
      SQFT
    • $82
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1916
    County:
    Area:

    School Ratings & Info

    Description

    Be your own boss! Mixed use building and laundromat for sale. Located on highly traveled Archer Ave. 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 & garage rented. Owner maintains and manages the laundry. Great Income! Mixed use building resulting in low real estate taxes.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2021-05-08T10:51:15.777 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    7410 W Archer Avenue Summit, IL 60501

    • Price: $459,000
    • Status: Active
    • Updated: 62 min ago
    • MLS #: 11009903
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    5,588
    SQFT
    $82
    $/SQFT
    1916
    Built
    Neighborhood:
    Summit
    County:
    Cook
    Area:
    Summit
    Property Description
    Be your own boss! Mixed use building and laundromat for sale. Located on highly traveled Archer Ave. 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 & garage rented. Owner maintains and manages the laundry. Great Income! Mixed use building resulting in low real estate taxes.
    Exterior Features

    Construction Materials Brick Foundation Details Concrete Perimeter Frontage Type City Street Location Public Transport Avail Miscellaneous Outside Enclosed StairsStorms And Screens (As Exist) Outdoor Parking 6-12 Spaces Parking Total 11

    Interior Features

    Cooling Central AirWall Sleeve Electric Circuit Breakers Fire Protection Fire Extinguisher/S Fireplaces Total 1 Heat Ventilation Central Heat/Indiv ControlsForced AirGas Indoor Parking 1-5 Spaces Miscellaneous Inside Inside Corridor/SMulti-TenantOverhead Door/SPrivate Restroom/SPublic Restroom/S Number Of Apts 2 Number Of Dishwashers 2 Number Of Dryers 24 Number Of Offices 2 Number Of Ranges 2 Number Of Refrigs 2 Number Of Stores 1 Number Of Washers 24

    Property Features

    Additional Parcels YN No Built Before1978 YN Yes Current Use CommercialOffice Electric Expense 2399 Expense Year 2019 Exterior Building Type Vinyl SidingBrick Fuel Expense 4425 Geographic Locale South SuburbanSouthwest Suburban Gross Income 41400 Gross Scheduled Income 89433 Insurance Expense 4659 Known Encumbrances None Known Lot Size Dimensions 57X125 Net Operating Income Year 2019 Number Of Tenants 3 Other Expense 0 Possible Use CommercialOffice And Research Tax Annual Amount 16457 Tax Year 2019 Tenant Pays Air ConditioningElectricityVaries By Tenant Total Monthly Income 0 Trash Expense 2160 Unincorporated YN No Utilities Electric To SiteGas To SiteSanitary SewerWater-Municipal Washer Dryer Leased YN No Water Sewer Expense 4100 Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Homesmart Realty Group.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2021-05-08T10:51:15.777 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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