Address
5601 S Archer Road, Summit, IL
Price
$ 1,200,000
Property Attributes
  • MLS#11983258
  • TypeBusiness Op
  • CountyCOOK
  • CitySummit
  • AreaSummit
  • Zip60501
  • StyleAuto Dealer,Auto Service
  • Taxes$ 8462
  • Price$ 1,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3700
  • Lot Size12,000 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Long time 34 Year owner looking to retire! Turn key welling established auto body shop! 1 acre property! Property features: Nice office & 2 bathrooms, new compressor, high end spray booth, and security system w/ high quality 4K cameras. Huge client list and many accounts! 1 acre of land located on busy Archer Rd, right off I55, min. to all expressways, & 10 min. to downtown Chicago! Ideal for any new development!! Too much to mention!! Call for details!! Highly confidential! Do not disturb employees!

Price History
2/20/2024 Listed $1,200,000

General Features

Cooling Central Air
Possession Closing
Zoning COMMR
Electric Service - 201 to 600 Amps
Tenant Pays Other
Stories 1
Tax Year 2022
Current Use Commercial,Development,Other
Business Type Auto Dealer,Auto Service,Other
County Cook
Operating Expense 999
Property Type Business Opportunity
Possible Use Commercial,Conditional Use,Condominium,Estate,Industrial,Legal Non Conforming,Liquor License,Non Conforming,Other,Office and Research,Development,Recreational,Residential,Multi-Family,Retail,Special
Status Active
Directions 1st Ave to Archer Rd or Harlem to Archer Rd to property.
City Summit
MLS Area Summit
Lot Size Square Feet 12000
Street Name Archer
Tax Annual Amount 8462
Additional Parcels Y/N Yes
Days on Market 23
Standard Status Active
Property Type Bus / Bus w/Real Est

Interior Features

Street Suffix Road

Exterior Features

Building Area Total 3700
Lot Dimensions 130X32
Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Business Op Average in 60501

Price
AVG $1.2M
$1.2M
Taxes
AVG $8,462
$8,462
Visits
AVG 44
43
Data Provided by Inside Real Estate®

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