7450 W Archer Avenue, Summit, IL

$849,900

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About 7450 W Archer Avenue

Prime commercial land opportunity in the heart of Summit featuring a generous 100 x 200 ft parcel with B-1 neighborhood business / mixed-use commercial zoning. Excellent visibility and strong exposure with nearby IDOT reported traffic counts of approximately 17,500 to 24,500 vehicles per day, making this an outstanding location for a wide range of business and investment opportunities. Located within the Village's Enterprise Zone, offering potential special financing programs, tax incentives, and economic development benefits for qualifying projects. Buyers are encouraged to review the Village municipal code and permitted uses through Zoneomics Summit Code Index and the Village zoning resources for additional development possibilities. Ideal for retail, service businesses, mixed-use concepts, office, redevelopment, or long-term investment. Seller will also entertain land lease opportunities, creating additional flexibility for developers, investors, and business owners. Convenient location with strong traffic flow, established surrounding businesses, and easy access to major transportation corridors.

Features of 7450 W Archer Avenue

MLS® # 12654433
Price $849,900
Bathrooms 0.00
Year Built 1893
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 7450 W Archer Avenue
Area Summit
City Summit
County Cook
State IL
Zip Code 60501

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling None
Fireplace No
Has Basement No

Additional Information

Days on Market 7
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

Office@properties Christie's International Real Estate

Listing Map

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