See Home Value
Summit 60501 Summit
7349 W Archer Avenue
$347,940*
Multifamily - Off Market

7349 W Archer Avenue

Summit, IL 60501
bedrooms
7 Beds
bathrooms
0 Bath
$315,000 - $383,000
Reference Base Price*
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Looking for a lucrative investment opportunity? Look no further! Presenting a fantastic income property in Summit, Illinois-a spacious two-flat plus basement that is sure to capture your attention and maximize your returns.  This property offers a unique layout with two separate units, each featuring spacious 3 bedrooms , 1 bathroom.  Both units spans across two floors, providing ample space for comfortable living, while the third unit, located in the basement, offers 1 bedroom and 1 bathroom.  Investing in this two-flat property presents multiple income streams, allowing you to rent out both units and generate substantial rental income. The layout provides flexibility, catering to a variety of tenants' needs and preferences. Bonus!! All 3 units are already tenants occupied!  In addition to the generous living space, this property also features a garage, providing convenience and added value. Tenants will appreciate the parking option, enhancing the overall appeal of this income-generating gem.  Located in Summit, Illinois, this property benefits from its strategic location. Summit offers easy access to major transportation routes, making it a desirable destination for commuters. It's also in close proximity to a range of amenities, including shopping centers, restaurants, parks, and entertainment options, ensuring that tenants will have everything they need within reach.  Investing in this two-flat property presents a compelling opportunity to diversify your investment portfolio and generate steady rental income. Take advantage of the strong rental market and the potential for long-term appreciation. Selling AS IS . Don't miss out on this investment gem! Contact me today to learn more and seize this lucrative opportunity in Summit, Illinois.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$690
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Aug 11, 2023 No longer available -
No longer available
Jul 9, 2023 In contract -
In contract
Jul 8, 2023 No longer available -
No longer available
Jul 1, 2023 In contract -
In contract
Jun 21, 2023 Listed $349,900
Listed

Property Highlights

Exterior Details

Exterior Information

Brick
Concrete


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
864 ft²
$393/ft²
$339,900 Jul 5, 2023
-
$352/mo
House
4 Beds
1.5 Baths
2,508 ft²
$154/ft²
$384,999 Jun 28, 2023
-
$275/mo
House
3 Beds
2 Baths
1,056 ft²
$385/ft²
$407,000 Jun 23, 2023
-
$261/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230621
06/21/2023
7 Bed
-
-
$349,900
bedrooms
7 Bed
bathrooms
-
-
-
-
Justyna Burliga
Boutique Home Realty

Building Info

7349 Archer Avenue 7349 Archer Avenue, Summit Argo, IL 60501
More about this Building
7349 Archer Avenue
Want to find out who owns 7349 Archer Avenue, Summit Argo, IL 60501? Get detailed property transactions here .

About Summit


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