Bar Property with Enclosed Beer
For Sale
$865,000
5437 S Center Avenue, Summit, IL 60501
Business Opportunity, Summit, IL
Property SizeContact for details
Lot Size0.18 Acres
Days on Market51
Property Features for 5437 S Center Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Directions
Archer Ave West of Harlem to Center Ave North to 5437 building and parking lot on the east side of the street
Subdivision
Summit
Standard status
Active
APN
18124140140000
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
23670
Utilities
Cooling system
Central Air
Building Details
Floors in Building
2
Building materials
Brick
Listing Agency:
Signorello Realty, Inc.
(708) 289-9753
Listed By:
Nicholas Signorello
(877) 415-2220
Added: Jul 1
Changed: Aug 19
Last Checked: Aug 20 at 2:06PM
MLS# 12693453
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This brick bar and nightclub property includes an existing commercial kitchen with equipment, an enclosed beer garden, an outbuilding, and multiple storage containers. The second floor contains a two-bedroom apartment that may provide additional rental income. Central air serves the building, and the site is zoned COMMR on approximately 0.1791 acres.
The property is located at 5437 S Center Avenue in Summit, Illinois, approximately 1/4 block from Archer Ave. Interstate 55 is only minutes away, while SeatGeek Stadium is 2.7 miles from the property and Midway International Airport is 3.9 miles away. A bar has operated at this location for more than 40 years, with the current owner having established the existing business over the past 15 years.
The property is located at 5437 S Center Avenue in Summit, Illinois, approximately 1/4 block from Archer Ave. Interstate 55 is only minutes away, while SeatGeek Stadium is 2.7 miles from the property and Midway International Airport is 3.9 miles away. A bar has operated at this location for more than 40 years, with the current owner having established the existing business over the past 15 years.
Key Highlights
- Established bar and nightclub business with more than 40 years of bar use at the location
- 0.1791‑acre site at 5437 S Center Avenue, Summit, IL 60501
- Enclosed beer garden, outbuilding, and multiple storage containers
Property Analytics
Current Use
Lease Details
1
Residential units
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
512
Businesses Nearby
28k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 79%
Dining 18%
Home Improvements & Furnishings 3%
Dollar Tree
Shops & Services
15,162 visits/mo
0.4 miles
BP
Shops & Services
6,976 visits/mo
0.2 miles
El Famous Burrito
Dining
4,946 visits/mo
0.1 miles
C. C. Wagner & Company
Home Improvements & Furnishings
849 visits/mo
0.3 miles
Demographics for 60501, IL
11,746
Population
4,134
Households
2.8
Avg Household Size
34
Median Age
13%
College-Educated
69%
High-School Grad
4.4 sq mi
ZIP Area
2,670
Density / Sq Mi
$62,110
Median Household Income
$34,728
Median Earnings
$1,017
Median Rent
$227,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- The Shop On Archer, Inc. — 6253 S Archer Rd, Summit, IL 60501
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- The Pitch — 6303 S Archer Rd, Summit, IL 60501
- Fire Station Pub — 6336 S Harlem Ave, Summit, IL 60501
Frequently Asked Questions
What type of property is this?
Bar & Pub - Includes a commercial kitchen, enclosed beer garden, storage improvements, and a second-floor apartment.
Where is this bar & pub located?
The property is located at 5437 S Center Avenue Summit, IL.
What is the asking price?
The asking price for this property is $865,000.
What are key features of this property?
This property features: Established bar and nightclub business with more than 40 years of bar use at the location; 0.1791‑acre site at 5437 S Center Avenue, Summit, IL 60501; Enclosed beer garden, outbuilding, and multiple storage containers
