Lease to Own
7439 West Archer Avenue Summit, IL
$ 830,000
Property Attributes
  • MLS#10497082
  • TypeCommercial
  • CountyCOOK
  • CitySummit
  • AreaSummit
  • Zip60501
  • Style
  • Year Built2004
  • Taxes45266
  • Price$ 830,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage11861
  • Lot Size0.68 Acres
Listing Provided Courtesy Of:
RE/MAX Market
Property Description

Commercial office Building consist of a total of 11,861 sf and located on a 0.68 acre site. Improvements and upgrades completed in 1992 and consisted of approx. 7,682 of which approx. 30% of the space was office use. There is 978 sf used as storage and access from the interior of the building and two drive-in doors. The ground floor of this property is approx. 6,566 and the second floor is 5,295 sf. This building can be divided for two companies and has parking for over approx. 55 cars. Seller is willing to sell commercial building and approx 15 parking spaces for $569,000 which will not include 4 additional lots. Leasing for $12,000 is also an option. These additional parking spaces can be leased. Location is close to I-55, Harlem and Archer. Call LA to make an appointment for showings or more details.

Price History
8/26/2019 Listed $929,900
6/12/2020 11% - $830,000

General Features

# Of Tenants 2
Age 7-15 Years
Built Before 1978 No
County Cook
Financing Options Conventional, Lease/Purchase, Rent w/ Option, Land/Lease, Negotiable
Lease Type Gross
Location Central Business District
Property SubType OF, OT
Status Active
Status Date 2020-06-18T05:05:44
Tax Year 2018
Taxes 45266
Total Units 3
Virtual Tour Image360
Year Built 2004
Zoning COMMR

Interior Features

Air Conditioning Central Air
Fire Protection Other, None
Market Time 387
Photo Count 56
Total Stories 2

Exterior Features

Acreage .68
Building Area Total 11861
Drive-in Doors 2
Exterior Building Type Brick
Foundation Details Concrete
Frontage/Access City Street
Lot Dimensions 252 X 117
Lot Sq Ft 29632
Managing Broker (y/n) Yes
Number of Parking Spaces 55
Special Compensation Info. None

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60501

AVG $240K
AVG $25,307
AVG 47
Year Built
AVG 1970
AVG 72
Data Provided by Walkscore ® not using MLS data

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