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7318 W Archer Avenue, Summit, IL 60501
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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.
- Heating Information
- Natural Gas
- Forced Air
- Baseboard
- Parking
- Off Street
- Other
- Utilities
- Cable Available
- Basement
- None
Listing Courtesy: Compass - 630-974-6750
Last Updated: 2025-11-09 00:31:40
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$349,880
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EXIT REALTY REDEFINED
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