7450 W Archer Avenue

$849,900
7450 W Archer Avenue, Summit, IL 60501
7450 W Archer Avenue

7450 W Archer Avenue

$849,900

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.
Dominick Clarizio
Dominick Clarizio Contact

Features & Amenities

Exterior

Air Conditioning None

Area & Lot

Status For Sale
LOT SIZE 0.46 Acres
MLS® ID 12654433
Type Other
Year Built 1893

Financial

SALES PRICE $849,900
REAL ESTATE TAXES $15,767/yr
Zoning COMMR
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Schedule a Showing

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Thank you for your interest in 7450 W Archer Avenue, Summit, IL 60501. We are reviewing your request and will be in touch shortly!

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