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$ 795,000
Est. payment /mo
Price Dropped by $64K
6135 S Archer AVE Summit, IL 60501
8,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 8,000 sqft
Price per Sqft $99
MLS Listing ID 12649320
Year Built 2010
Annual Tax Amount $23,824
Tax Year 2024
Lot Dimensions 34 X 103
Property Sub-Type Mixed Use
Property Description
Exceptional mixed-use opportunity in the heart of Summit! Ever dreamed of owning a spa, sauna, private club, banquet venue, or upscale hospitality space? This one-of-a-kind property offers endless possibilities. The two-story building features two fully rented second-floor apartments occupied by long-term, reliable tenants, providing steady income. The expansive 2,800 sq. ft. main level is ideal for a spa, recreation center, cafe, restaurant, private event venue, or banquet hall. The lower level showcases luxurious, high-end sauna facilities built with no expense spared - a truly impressive space designed for relaxation and entertainment. This is a rare chance to acquire a highly visible property in a prime Summit location at a price below current construction costs. An outstanding investment and owner-user opportunity with tremendous potential.
Location
State IL
County Cook
Area Summit
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
Roof Type Membrane
Building
Dwelling Type Mixed Use
Structure Type Brick
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Listed by Jim Mantas of The Leading Realtors Corp.
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