Courtesy: Baird & Warner
708-491-4155
An exceptional turn-key cash flow opportunity awaits at 7408 W 58th St, a fully tenant-occupied, well-maintained 6-unit brick building designed for high-yield portfolio growth. Offering immediate, stabilized income from long-term tenants, this property features a highly desirable unit mix of four spacious 2-bedroom, 1-bathroom units and two efficient 1-bedroom, 1-bathroom units. Capital improvements include a roof replaced roughly six years ago, while value-add amenities like 5 exterior parking spaces, private tenant storage lockers, and an on-site coin-operated laundry facility drive extra passive revenue. Superbly managed and ideally situated near I-55 for effortless commutes into Chicago and surrounding suburbs, this rock-solid investment is a seamless plug-and-play addition to any portfolio.
Courtesy: Su Familia Real Estate
630-581-9600
Exceptional opportunity to own an equipped mixeduse commercial building in the heart of Summit! This 3,750 sq ft brick building sits on an oversized 15,625 sq ft lot (five total parcels) with strong visibility and frontage on Archer Rd. Previously operated as a restaurant/bar with video gaming, the property is now vacant and ready for a new owneroperator or investor. The former tenant's lease expired in October 2026, and the landlord is unable to reopen the business due to obligations with other ventures-creating a perfect chance for a buyer to step in and activate this location immediately. The main level features a complete restaurant setup, including a walkin cooler, walkin freezer, bar area, prep space, and multiple pieces of commercial kitchen equipment that will remain with the property for the new owner. This significantly reduces startup costs for anyone looking to relaunch a restaurant, bar, cafe, or gaming establishment. Video gaming machines were previously installed and generated strong supplemental income. The second floor offers a spacious 3bedroom apartment, ideal for owneroccupancy or additional rental income. The property also includes parking for 20+ vehicles, making it ideal for hightraffic commercial use. Zoned B2, this location supports a wide range of business types such as restaurant, bar, retail, service, or redevelopment. With land, building, and existing equipment included, this is a rare turnkey opportunity in a highvisibility corridor. Bring your vision and make this Summit property your next successful venture.
Courtesy: Realty of America, LLC
708-788-1900
Great opportunity to own a mixed-use property along the well-traveled Archer Road corridor in Summit! 6105 S Archer Road offers a versatile commercial space in the front along with a separate 2-bedroom, 1-bath residential apartment in the rear, creating flexibility for an owner-user, investor, or entrepreneur looking for both commercial and residential potential in one property. The commercial portion offers plenty of room to bring a new business concept to life, while the rear apartment features 2 bedrooms, 1 full bathroom, a kitchen, living room, and dining area. One rear parking space is also included. The combination provides an opportunity to operate a business while utilizing the residential portion or potentially generate income from separate uses, subject to applicable zoning and Village requirements. Location adds to the appeal. Positioned directly on Archer Road, the property benefits from visibility along one of the area's main commercial corridors with numerous established restaurants, neighborhood businesses, and everyday conveniences nearby. Summit Park District and local recreation are nearby, while Harlem Avenue and I-55 provide convenient connections throughout the surrounding suburbs and into Chicago. Midway International Airport is also easily accessible from the area. Surrounded by an active mix of local businesses and dining options, this location offers the visibility and accessibility that can be important for a commercial property. Whether you're looking for space for your own business, an addition to your investment portfolio, or a mixed-use property with multiple possibilities.
Courtesy: First United Realtors, Inc.
708-552-8002
Solid built building was rehabbed several years ago. Front office and showroom, Kitchen, 1 full bath, 1 half bath, Full finished basement with laundry, office and storage. Garage in rear has 10 x 10 roll up door. 14 foot ceiling height, heavy power, parking behind building. Many uses allowed. Check with Village for what is allowed in Tiff zone.
Courtesy: Ellsbury Group LLC
219-200-5133
Highly visible, six-storefront shopping center in Summit. Situated along a busy road near a heavily traveled intersection and an I-55 exit, the property combines prominent street exposure with convenient access for customers and employees. The approximately 10,000-square-foot, single-story brick building features large storefront windows, individual entrances, and a continuous covered awning. Approximately 36 parking spaces in front and behind the building accommodate customers and employees. Built in 1982, the property occupies approximately 0.46 acres and is zoned B-2 General Business. All HVAC systems have been replaced. Offered at $975,000, a price of roughly $97.50 per square foot. A vacant 1,500-square-foot storefront offers potential for additional income, with possible modest rental growth over time as leases renew. With six storefronts, ample parking, strong visibility, and nearby interstate access, the center offers investors an income-producing property with potential for additional income.
Courtesy: Ellsbury Group LLC
219-200-5133
Highly visible, six-storefront shopping center in Summit. Situated along a busy road near a heavily traveled intersection and an I-55 exit, the property combines prominent street exposure with convenient access for customers and employees. The approximately 10,000-square-foot, single-story brick building features large storefront windows, individual entrances, and a continuous covered awning. Approximately 36 parking spaces in front and behind the building accommodate customers and employees. Built in 1982, the property occupies approximately 0.46 acres and is zoned B-2 General Business. All HVAC systems have been replaced. Offered at $975,000, a price of roughly $97.50 per square foot. A vacant 1,500-square-foot storefront offers potential for additional income, with possible modest rental growth over time as leases renew. With six storefronts, ample parking, strong visibility, and nearby interstate access, the center offers investors an income-producing property with potential for additional income.
Courtesy: Realty of America, LLC
708-788-1900
Great opportunity to own a mixed-use property along the well-traveled Archer Road corridor in Summit! 6105 S Archer Road offers a versatile commercial space in the front along with a separate 2-bedroom, 1-bath residential apartment in the rear, creating flexibility for an owner-user, investor, or entrepreneur looking for both commercial and residential potential in one property. The commercial portion offers plenty of room to bring a new business concept to life, while the rear apartment features 2 bedrooms, 1 full bathroom, a kitchen, living room, and dining area. One rear parking space is also included. The combination provides an opportunity to operate a business while utilizing the residential portion or potentially generate income from separate uses, subject to applicable zoning and Village requirements. Location adds to the appeal. Positioned directly on Archer Road, the property benefits from visibility along one of the area's main commercial corridors with numerous established restaurants, neighborhood businesses, and everyday conveniences nearby. Summit Park District and local recreation are nearby, while Harlem Avenue and I-55 provide convenient connections throughout the surrounding suburbs and into Chicago. Midway International Airport is also easily accessible from the area. Surrounded by an active mix of local businesses and dining options, this location offers the visibility and accessibility that can be important for a commercial property. Whether you're looking for space for your own business, an addition to your investment portfolio, or a mixed-use property with multiple possibilities.
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: Baird & Warner
708-491-4155
An exceptional turn-key cash flow opportunity awaits at 7408 W 58th St, a fully tenant-occupied, well-maintained 6-unit brick building designed for high-yield portfolio growth. Offering immediate, stabilized income from long-term tenants, this property features a highly desirable unit mix of four spacious 2-bedroom, 1-bathroom units and two efficient 1-bedroom, 1-bathroom units. Capital improvements include a roof replaced roughly six years ago, while value-add amenities like 5 exterior parking spaces, private tenant storage lockers, and an on-site coin-operated laundry facility drive extra passive revenue. Superbly managed and ideally situated near I-55 for effortless commutes into Chicago and surrounding suburbs, this rock-solid investment is a seamless plug-and-play addition to any portfolio.
Courtesy: Infiniti Properties, Inc.
708-206-3000
ATTENTION ALL INVESTORS, GREAT SOLID BRICK 6 UNIT BUILDING, GREAT INCOME, LONG-LONG TERM TENANTS. 4 (2) BEDROOM AND 2 (1) BEDROOMS. VERY WELL MAINTAINED & MANAGED, NEWER BOILER 4 YRS, NEWER RADIATORS 4 YRS, FRESHLEY PAINTED, NO CARPET THROUGHOUT,10 A/C WALL UNITS, SS APPLIANCES, 2 COIN MACHINE WASHER & 2 DRYERS, LED LIGHTS, FULLY LEASED, GREAT CASH FLOW, STRONG LEASES. LAUNDRY MONTHLY INCOME $400 A MONTH, LOW TAXES BEEN APPEALED AND CONTESTED. PARKING SPACES IN THE BACK AND STREET, GREAT LOCATION NEAR HIGHWAYS. TURNKEY INVESTMENT
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
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: 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: 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.
