$570,755*
●
Commercial -
Off Market
7410 West Archer Avenue
Summit, IL 60501
Studio
0 Bath
$414,000 - $504,000
Reference Base Price*
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
Well maintained Mixed Use building located on highly traveled
Archer Ave resulting in great visibility for the Money making
laundromat! Please see I guide for virtual tour.
Many updates over the years such as roof, windows,
apartment remodels, & mechanicals. Attached 2 1/2 car garage.
2 residential units rented, one of the office spaces is used
by current owner, 2nd office space & garage rented. Owner
maintains and manages the laundry. Great Income! Financials will be
provided upon receipt of POF. Call with any questions! Mixed use
building results in lower real estate taxes.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$16,457
HOA Dues
-
Year Built
-
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2021 | Sold | $435,000 | |
| Sold | |||
| Mar 3, 2021 | No longer available | - | |
| No longer available | |||
| Jan 3, 2021 | Price Decreased |
$459,000
↓ $10K
(2.1%)
|
|
| Price Decreased | |||
| Nov 25, 2020 | Listed | $469,000 | |
| Listed | |||
Property Highlights
Fireplace
Air Conditioning
7410 West Archer Avenue
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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
Commercial
Loft
-
2,400 ft²
$229/ft²
$549,000
Feb 1, 2023
-
$1,489/mo
In Contract
House
3
Beds
2
Baths
1,200 ft²
$321/ft²
$385,000
Mar 31, 2024
-
$157/mo
Active
House
4
Beds
3
Baths
3,025 ft²
$174/ft²
$525,000
Apr 9, 2024
-
$562/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
09/01/2020
|
|
Loft
|
-
|
-
|
$469,000
Loft
-
|
-
-
|
-
|
-
|
Building Info
