Courtesy: @properties Christie's International Real Estate
847-295-0700
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.
Courtesy: The Leading Realtors Corp.
630-455-9995
Almost 14,000 square feet of industrial space situated on a 39,744 square foot fully fenced and gated lot, offering excellent functionality and flexibility for a wide range of business operations. Currently operating as a body shop, this property presents a rare opportunity for an owner-user or investor seeking a well-positioned industrial asset with substantial outdoor space for parking, storage, fleet vehicles, or equipment. Conveniently located with easy access to major highways, the property provides strong logistical advantages for transportation, distribution, and day-to-day business operations. The versatile layout may accommodate a variety of uses including warehouse, manufacturing, distribution, service operations, contractor facilities, or other permitted industrial applications. Bring your vision and business ideas to life in a property that offers both space and potential. Buyers are encouraged to contact the Village of Summit directly to verify zoning requirements and determine whether their intended use is permitted. A valuable opportunity with flexibility, accessibility, and room for growth.
Courtesy: The Leading Realtors Corp.
630-455-9995
Exceptional mixed-use opportunity in the heart of Summit! Ever dreamed of owning a spa, sauna, private club, banquet venue, or upscale hospitality space? This one-of-a-kind property offers endless possibilities. The two-story building features two fully rented second-floor apartments occupied by long-term, reliable tenants, providing steady income. The expansive 2,800 sq. ft. main level is ideal for a spa, recreation center, cafe, restaurant, private event venue, or banquet hall. The lower level showcases luxurious, high-end sauna facilities built with no expense spared - a truly impressive space designed for relaxation and entertainment. This is a rare chance to acquire a highly visible property in a prime Summit location at a price below current construction costs. An outstanding investment and owner-user opportunity with tremendous potential.
Courtesy: eXp Realty
888-574-9405
Turnkey 6-unit investment opportunity in Summit Argo! This well-maintained multi-family building features five 1BD/1BA units and one spacious 2BD/1BA unit, with 5 of 6 units currently occupied by long-term, month-to-month tenants - no lease headaches, just steady income from day one. The sellers have taken pride in maintaining the building. Investors will love the no-fuss layout - no interior stairwell to maintain - plus an on-site coin laundry room for added convenience and additional income potential. A private rear parking lot adds everyday ease for tenants and long-term appeal for the next owner. One unit is vacant and ready for an owner-occupant or to be leased at market rate immediately. Current rents are all far below market value. A rare chance to step into a stabilized asset with reliable tenants and room to grow. Don't miss it!
Courtesy: Century 21 New Beginnings
708-576-8909
Introducing a remarkable multi-unit building in the heart of Summit. Offering a lucrative investment opportunity for savvy buyers. This fully leased six-unit property boasts a low vacancy rate, ensuring consistent cash flow and long-term stability. Enjoy immediate returns with all six units fully leased, creating a reliable income stream in a highly sought-after rental market. Experience peace of mind with a proven low vacancy rate, demonstrating strong tenant demand and satisfaction. The property features a robust cap rate, indicative of strong financial performance and an excellent investment potential. Significant renovations have been completed in 2023, including: A brand-new roof enhances the building's structural integrity and aesthetic appeal. Upgraded windows & doors to improve energy efficiency and contribute to tenant comfort. Enhancements to the garage, including new siding, door, and light fixtures, bolster both functionality and curb appeal. With its excellent financial performance, extensive upgrades, and prime location, this six-unit building in Summit, is a fantastic opportunity for investors seeking a well-performing asset with long-term growth potential. Don't miss your chance to capitalize on this exceptional listing!
Courtesy: Real Broker LLC
217-960-8605
Unique mixed-use property offering endless potential for the right buyer with a vision! Previously utilized as both a barber shop and a family residence, this versatile building features 7 rooms and 1.5 bathrooms, providing ample space for a variety of uses. Whether you're looking to live and work in the same location, convert entirely to residential, or reimagine the space for a new business venture, the possibilities are truly limitless. With its flexible layout and strong potential, this is a rare opportunity to bring your creative ideas to life. Sold as-is.
Courtesy: Village Realty Inc
708-478-1212
Prime commercial opportunity located on busy Harlem Avenue with excellent exposure and high daily traffic counts. This property offers strong visibility, making it ideal for retail, office, or service-based businesses looking to establish or expand in a high-demand corridor. The space features a flexible layout that can accommodate a variety of business uses, along with convenient access to major highways including I-55 and I-294, providing easy connectivity for both customers and employees. Surrounded by established businesses, residential neighborhoods, and consistent foot and vehicle traffic, this location offers excellent potential for growth and long-term value. Whether you're an investor or an owner-user, this is a rare opportunity to secure a well-positioned commercial property in a thriving Chicago market.
Courtesy: Keller Williams ONEChicago
312-216-2422
Courtesy: Keller Williams ONEChicago
312-216-2422
Courtesy: Keller Williams ONEChicago
312-216-2422
Courtesy: Keller Williams ONEChicago
312-216-2422
Incredible opportunity to own a fully turn-key bar or customize the space for your own business in the heart of Summit. This mixed-use property offers 2,500 sq ft of furnished commercial space, currently operating as a bar, with TVs, tables, chairs, and bar stools included. Flexible layout ideal for a variety of business uses. Rear of property features a 2-bedroom apartment-perfect for owner occupancy or additional rental income. Prime location with high visibility near expressways, retail, and dining. Great potential-schedule your showing today!
Courtesy: Coldwell Banker Real Estate Group
708-273-5342
Well-located neighborhood retail/strip center opportunity along highly traveled Archer Avenue in Summit, Illinois. This single-story property consists of approximately 4,500 square feet across three individual retail units, each roughly 1,500 square feet, offering flexibility for investors or owner-users. Situated on a 120 x 180 lot, the building provides excellent street exposure and frontage on Archer Road, a key commercial corridor serving the surrounding residential and business communities. The property is zoned MX and was originally constructed in 1919, offering a classic retail footprint adaptable to a variety of uses. The building is currently configured for multiple tenants and features forced-air gas heat, window-unit air conditioning, circuit breaker electric, and on-site utilities. Total reported annual income is $22,800, with individual spaces available, making this an attractive value-add or repositioning opportunity. Ideally suited for retail, service, or neighborhood-oriented businesses seeking visibility and accessibility in a dense Cook County market.
Summit is located in Illinois. Summit, Illinois has a population of 11,098. Summit is more family-centric than the surrounding county with 34.55% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Summit, Illinois is $48,929. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Summit is 34.5 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 19.6 degrees. The average rainfall is approximately 39.1 inches per year, with 31.9 inches of snow per year.
