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Joanne Gross
SOLD
$325,000
Date 03/23/2026

7318 W Archer Avenue
Summit, IL 60501

Multi-Family
Residential Income
4
Beds
2
Baths
N/A
Acre Lot
Courtesy: Compass
Home> Illinois> Summit> 60501
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.
12398404
Residential Income - Multi-Family, Other
4
2
1923
Cook
Vinyl Siding, Brick
Public Sewer
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Estimated Payment:

Principle & Interest
Taxes
Insurance
%
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Courtesy: Compass
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