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7318 W Archer Avenue, Summit, IL 60501

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Listing Type
Multi Family
Listing Status
active
20
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$349,880

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Home Details for 7318 W Archer Avenue
Price
$349,880
Type
Multi Family
Bedrooms
4
Total Bathrooms
2
Year Build
1923
County
Cook
Total Rooms
11
Basement
None
Tax
$8,256
MLS®️ Listing#
12398404
On exitrealty.com
138 days
Property Description
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.
Property Features
Listing Courtesy: Compass - 630-974-6750
mls_icon Based on information submitted to the MLS GRID as of 2025-11-09 00:31:40. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Last Updated: 2025-11-09 00:31:40
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EXIT REALTY REDEFINED
9200 S. Robert Road, Hickory Hills, IL 60457
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$349,880

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EXIT REALTY REDEFINED
9200 S. Robert Road, Hickory Hills, IL 60457
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