$347,940*
●
Multifamily -
Off Market
7349 W Archer Avenue
Summit, IL 60501
7 Beds
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
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
Active
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 |
---|---|---|---|---|---|---|---|---|
06/21/2023
|
|
7 Bed
|
-
|
-
|
$349,900
7 Bed
-
|
-
-
|
-
|
Justyna Burliga
Boutique Home Realty
|