6244-6250 S Archer Rd - Storefront FOR SALE


Summit Argo, IL 60501
$274,900 USD
708-217-5004
6244-6250 S Archer Rd, Summit Argo, IL for Sale
$274,900 USD
Storefront - FOR SALE
1/6
null | Request Cap Rate

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6244-6250 S Archer Rd
Summit Argo, IL 60501


HIGHLIGHTS

  • Located on Archer Avenue, a heavily traveled corridor in Summit, Illinois.
  • Approximately 4,500 square feet across three retail units on a 120 x 180 lot.
  • Features include forced air gas heat, window-unit air conditioning, and circuit breaker electric.
  • Adaptable layout suitable for retail, service, or neighborhood-oriented businesses.

OVERVIEW

This single-story retail center offers a compelling investment or owner-user opportunity in Summit, Illinois. Positioned along highly traveled Archer Avenue, the property spans approximately 4,500 square feet across three individual retail units, providing flexibility for multiple tenants or a single occupant. The structure sits on a 120 x 180 lot and benefits from strong street exposure and convenient access to major thoroughfares, including Archer Road. Originally constructed in 1919, the building retains its classic retail footprint while accommodating modern functionality. Current configurations include multiple tenant spaces, forced air gas heat, window-unit air conditioning, circuit breaker electric, and on-site utilities. With a reported annual income of $22,800 and individual spaces available for lease, this property presents an attractive value-add or repositioning opportunity. Its location within a dense Cook County market enhances its appeal for neighborhood-oriented businesses seeking visibility and accessibility.

FOR SALE DETAILS

PRICE

$274,900 USD

PRICE/SF

$61 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

MX

APN/PARCEL ID

18-13-311-016-0000

ASK ABOUT THIS PROPERTY

Frank Paganis, CCIMColdwell Banker Commercial Real Estate GroupMore Info
708-217-5004

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Frank Paganis, CCIMColdwell Banker Commercial Real Estate GroupMore Info
708-217-5004

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.