IL
Cook
Summit
60501
7450 W Archer Avenue
7450 W Archer Avenue, Summit, IL 60501
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Listing Type
Commercial/Industrial
Listing Status
Active
11
$849,900

Home Details for 7450 W Archer Avenue

Price
$849,900
Type
Commercial Sale
Year built
1893
County
Cook
Days on site
1
MLS Listing#
12654433
Property Description

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.

Property Features
  • Cooling Information
    • None
Listing Courtesy: @properties Christie's International Real Estate - 847-295-0700
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-05-28 13:43:15. 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: 2026-05-28 13:43:15
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505 S. La Grange Rd, La Grange, IL 60525
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