6105 Archer Rd Summit, IL 60501
- Residential income homes
- 2,411 SF
- 0.06 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 6105 Archer Rd
- Year built
- 1936
- Construction
- FRAME
- Lot size
- 0.06 lot acres
- Property size
- 2,411 SF
- Property type
- Residential income homes
- Property subtype
- Small apartment buildings
- APN
- 18-13-306-003
- APU
- 1813306003
Description
This exceptional mixed-use property at 6105 S Archer Road, Summit, IL presents a unique investment opportunity. The main building encompasses approximately 2,411 square feet and is currently configured as a fully operational bar and entertainment venue. All existing bar fixtures and equipment are included in the sale, providing a seamless transition for the new owner. This turnkey operation boasts 10 televisions, ample seating (tables, chairs, and bar stools), and is ready for immediate operation. The property's prime location near major expressways, shopping centers, and restaurants ensures high visibility and convenient access for patrons. Adding to the property's appeal is a 2-bedroom apartment located at the rear of the building, offering convenient living quarters for the owner or potential rental income. This combined commercial and residential space presents a rare opportunity to own and operate a thriving business while enjoying the convenience of on-site living. The property is offered at $294,000 and represents a compelling investment in a high-demand area. Serious inquiries are encouraged to schedule a viewing and explore this exciting prospect. The absence of a land acreage listing suggests the property is situated on a relatively small lot. This turnkey operation is ready for a new owner to step in and continue its success.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Summit
- County
- Cook
- State
- Illinois
- Longitude
- -87.8125
- Latitude
- 41.7804
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA