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Summit, IL Multifamily Properties for Sale

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Summit Legal Two-Unit Building
$409,000
0.11 Acres

Summit Legal Two-Unit Building

7346 W 57 Pl, Summit, IL 60501

Spacious Summit two-unit with expansion potential in high-demand rental area.

  • Legal 2‑unit building in a high‑demand rental area.
  • Strong rental income potential or owner‑occupant opportunity to build equity.
  • Spacious units with generously sized bedrooms and functional kitchens.
  • Full basement with laundry, storage, and expansion potential.
  • Detached 2‑car garage and wide, well‑kept backyard.
Updated: Dec 10, 2025
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Summit Two-Flat with B-2 Potential
$349,880

Summit Two-Flat with B-2 Potential

7318 W Archer Ave, Summit, IL 60501

Well-maintained two-flat in Summit, ideal for investors or owner-occupants.

  • Prime Summit location near Archer Avenue with R‑4 zoning and B‑2 overlay potential.
  • Two units, each with 2 bedrooms and 1 bathroom.
  • Updated kitchens with stainless steel appliances and dishwashers, plus private laundry in each unit.
  • Separate forced‑air heating with central air and copper plumbing.
  • Upper unit leased through 2026, tenant open to early move‑out; lower unit vacant for immediate occupancy.
Updated: Nov 3, 2025
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Based on your search, we've compiled 485 Potential Opportunities for your consideration. Besides 2 Active listings in Summit, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 479 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Garfield Ridge Brick Bungalow
$469,000
0.13 Acres

Garfield Ridge Brick Bungalow

Two-unit bungalow with finished basement and oversized lot.

5520 S New England Ave, Chicago, IL 60638
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Chicago Multifamily Property For Sale
$439,900

Chicago Multifamily Property For Sale

Well-maintained 2-unit property in Clearing neighborhood, Chicago.

6054 W 64Th St, Chicago, IL 60638
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Bridgeview Two-Unit Residential Property
$409,000

Bridgeview Two-Unit Residential Property

Well-maintained two-unit property with a full basement in Bridgeview.

7549 S Roberts Rd, Bridgeview, IL 60455
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Bridgeview Mixed-Use Building For Sale
$1,200,000
0.28 Acres

Bridgeview Mixed-Use Building For Sale

Well-maintained mixed-use building with commercial and residential units on Harlem.

7654 S Harlem Ave, Bridgeview, IL 60455
View details

Explore Off-Market Properties in Summit, IL

Consider similar Off-Market properties in Summit, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

7517 63rd Pl

7517 63rd Pl

APARTMENT HOUSE (UNDER 5 UNITS) • 1,827 SF
Value Estimation
$315,000
7517 63rd Pl, Summit, IL 60501-2635
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7234 Park Ave

7234 Park Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 2,976 SF
Value Estimation
$385,000
7234 Park Ave, Summit, IL 60501-1145
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7649 62nd St

7649 62nd St

APARTMENT HOUSE (UNDER 5 UNITS) • 1,935 SF
Value Estimation by Request
7649 62nd St, Summit, IL 60501-2357
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7646 62nd St

7646 62nd St

APARTMENT HOUSE (UNDER 5 UNITS) • 3,220 SF
Value Estimation
$290,000
7646 62nd St, Summit, IL 60501-1665
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7345 Archer Ave, Unit 2

7345 Archer Ave, Unit 2

APARTMENT HOUSE (UNDER 5 UNITS) • 2,431 SF
Value Estimation
$375,000
7345 Archer Ave, Summit, IL 60501-1286
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7501 58th St

7501 58th St

APARTMENT HOUSE (UNDER 5 UNITS) • 1,781 SF
Value Estimation
$175,000
7501 58th St, Summit, IL 60501-1303
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5328 73rd Ave

5328 73rd Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 2,221 SF
Value Estimation
$135,000
5328 73rd Ave, Summit, IL 60501-2131
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7626 Lincoln Ave

7626 Lincoln Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 4,032 SF
Value Estimation
$350,000
7626 Lincoln Ave, Summit, IL 60501-1194
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7335 61st Pl

7335 61st Pl

APARTMENT HOUSE (UNDER 5 UNITS) • 3,572 SF
Value Estimation
$335,000
7335 61st Pl, Summit, IL 60501-1621
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7624 64th St

7624 64th St

APARTMENT HOUSE (UNDER 5 UNITS) • 2,080 SF
Value Estimation by Request
7624 64th St, Summit, IL 60501-1949
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7527 Douglas Ave

7527 Douglas Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 4,014 SF
Value Estimation by Request
7527 Douglas Ave, Summit, IL 60501-1191
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7742 62nd St

7742 62nd St

APARTMENT HOUSE (UNDER 5 UNITS) • 2,652 SF
Value Estimation
$260,000
7742 62nd St, Summit, IL 60501-2337
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5424 74th Ave

5424 74th Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 2,695 SF
Value Estimation
$295,000
5424 74th Ave, Summit, IL 60501-1074
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7500 57th Pl

7500 57th Pl

APARTMENT HOUSE (UNDER 5 UNITS) • 2,388 SF
Value Estimation by Request
7500 57th Pl, Summit, IL 60501-1311
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7339 61st Pl

7339 61st Pl

APARTMENT HOUSE (UNDER 5 UNITS) • 2,404 SF
Value Estimation
$355,000
7339 61st Pl, Summit, IL 60501-1672
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7600 64th St

7600 64th St

APARTMENT HOUSE (UNDER 5 UNITS) • 2,300 SF
Value Estimation
$335,000
7600 64th St, Summit, IL 60501-1941
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7238 Park Ave

7238 Park Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 2,976 SF
Value Estimation by Request
7238 Park Ave, Summit, IL 60501-1143
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7213 Park Ave

7213 Park Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 2,976 SF
Value Estimation
$350,000
7213 Park Ave, Summit, IL 60501-1160
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7623 62nd Pl

7623 62nd Pl

APARTMENT HOUSE (UNDER 5 UNITS) • 1,820 SF
Value Estimation
$330,000
7623 62nd Pl, Summit, IL 60501-2343
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5737 Archer Rd

5737 Archer Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 2,390 SF
Value Estimation
$245,000
5737 Archer Rd, Summit, IL 60501-1347
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7520 62nd Pl

7520 62nd Pl

APARTMENT HOUSE (UNDER 5 UNITS) • 2,182 SF
Value Estimation
$315,000
7520 62nd Pl, Summit, IL 60501-2349
View details
7496 56th St

7496 56th St

APARTMENT HOUSE (UNDER 5 UNITS) • 2,112 SF
Value Estimation
$285,000
7496 56th St, Summit, IL 60501-1334
View details

Summit, IL Multifamily Properties Investment Opportunities Market Analysis

Explore 481 multifamily properties for sale in Summit, IL on our real estate platform. These investment opportunities span a total of 1,412,387 square feet of properties for sale, with an estimated market value of $107,439,000.

Prices for multifamily properties in Summit, IL start at $65,000, averaging $312,322, and reaching up to $660,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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