Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
0 Beds

$849,900

7450 W Archer Avenue, Summit IL, 60501

Price per sqftN/A
Built in1893
Property typeOther
Listed by Dominick Clarizio with @properties Christie's International Real Estate 847-295-0700

Overview

Active

Listed May 27, 2026

Updated Jun 3

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.

$5,654/mo

Est. mortgage payment based on a $849,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12654433

Interior Features

Bedrooms
0
Basement
No

Exterior Features

Lot Size
0.46 Acres

Other Property Details

Taxes
$7,450
Tax Frequency
Annually
MLS provider logo

Listed by Dominick Clarizio with @properties Christie's International Real Estate 847-295-0700

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Dominick Clarizio are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 6/3/2026. 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Properties displayed may be listed or sold by various participants in the MLS. Properties displayed may be listed or sold by various participants in the MLS.

©2026 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data is refreshed every 3 hours. Listing last updated 3:46 AM UTC on 6/3/2026. 

DMCA Notice

 

 

Powered by Luxury Presence