6848 Archer Ave Summit, IL 60501
- Land
Current Use by Public Records
- Land
Property Details for 6848 Archer Ave
- Property type
- Land
Description
This exceptional commercial land parcel, located at 6848 W Archer Ave in Summit, Illinois (zip code 60501), presents a compelling investment opportunity. The 3,125 square foot lot (25' x 125') boasts a prime location on busy Archer Avenue in the thriving Garfield Ridge neighborhood, enjoying high visibility and traffic counts exceeding 32,000 vehicles per day. Its strategic placement along a corridor of national retailers ensures consistent exposure. The property's B3-1 zoning allows for a wide range of commercial uses, maximizing its potential. Convenient access to public transportation and Interstate 55 further enhances its appeal. Utilities including gas, electric, and water are readily available. Ample parking is available both in front and behind the property. The lot is situated just blocks from the intersection of Harlem and Archer Avenues, offering exceptional accessibility. This property is priced at $64,900 and presents a fantastic opportunity for building a successful business. The Cook County Assessor's Parcel Number (APN) is 1907329037000.
Value Estimation
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Summit
- County
- Cook
- State
- Illinois
- Longitude
- -87.7934
- Latitude
- 41.7921
