7450 W Archer Avenue — Summit, IL 60501
Active
Summit, IL 60501

7450 W Archer Avenue

$849,900
0 beds · 0 baths
Listed at $849,900 7 days on market $7,450/yr taxes
01About this home

Prime commercial land opportunity in the heart of Summit featuring a generous 100 x 200 ft parcel with B-1 neighborhood business / mixed-use commercial zoning. Excellent visibility and strong exposure with nearby IDOT reported traffic counts of approximately 17,500 to 24,500 vehicles per day, making this an outstanding location for a wide range of business and investment opportunities. Located within the Village's Enterprise Zone, offering potential special financing programs, tax incentives, and economic development benefits for qualifying projects. Buyers are encouraged to review the Village municipal code and permitted uses through Zoneomics Summit Code Index and the Village zoning resources for additional development possibilities. Ideal for retail, service businesses, mixed-use concepts, office, redevelopment, or long-term investment. Seller will also entertain land lease opportunities, creating additional flexibility for developers, investors, and business owners. Convenient location with strong traffic flow, established surrounding businesses, and easy access to major transportation corridors.

02Inside the home
03By the numbers
$849,900
List price
Square feet
Bedrooms
Bathrooms
1893
Year built
Lot size
Garage spaces
$7,450
Annual taxes
Mixed Use
Style
7
Days on market
04Features
Cooling
None
05Neighborhood
  • Burger King 0.3 mi
  • Portillo's 0.3 mi
  • Big 4 Chop Suey 0.4 mi
  • Subway 0.4 mi
  • Little Caesars 0.4 mi
  • Domino's 0.4 mi
  • Citgo 300 ft
  • Shell 0.4 mi
  • Aldi 0.4 mi
  • Jay's Mini Mart 0.5 mi
  • Speedway 0.5 mi
  • Thorntons 0.6 mi
  • Hanover Park 0.2 mi
  • Summit Park 0.5 mi
  • Stars & Stripes Park 0.7 mi
  • Valley Forge Park 0.7 mi
  • Legion Park 0.8 mi
  • McDonald's PlayPlace 0.9 mi
  • Dunkin' 0.4 mi
  • A Cup of Joe 0.8 mi
  • Dunkin' 0.9 mi
  • Dunkin' 1.2 mi
  • Dunkin' 1.3 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

May 27, 2026
Listed for saleThis listing
@properties Christie's International Real Estate
$849,900
Dec 30, 2024
Sold
Area Wide Realty · 36 days on market
$180,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

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08See it for yourself

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Listed by @properties Christie's International Real Estate · Dominick Clarizio
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12654433
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