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7318 W Archer Ave, Summit, IL, 60501

$374,999

Home List Price

$4,453*

Closing Credit

4 Bedrooms
2 Baths
House

Location

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7318 W Archer Ave, Summit$374,999

Buyer Closing Credits

$4,453*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingOff Street
Year Built1926
HeatingNatural Gas, Forced Air, Baseboard
WaterfrontFencing
MLS #12212234
StatusActive

About 7318 W Archer Ave

Amazing investment opportunity located right off a main road with commercial zoning. This two flat is a Brick Build with both units currently leased out. Both units are 2 Bed and 1 Bath with the lower level being smaller in size. Both units have a 4 season room in front, stainless steel appliances, dishwashers, renovated within the past two years, copper water lines, laundry in building, all utilities paid by tenants except for water, and much more. Lot has great potential for future projects!

Property Details

Property Features

Property Information:

  • Year Built: 1926

Listing Office:

  • Office Name: Compass
  • Office Phone: (630) 974-6750
  • Listing Agent: Kashif Hussain

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Fencing
  • Exterior: Cable Access

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Corner Lot, Fencing, Landscaped, Outdoor Lighting, Sidewalk

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Baseboard

Other

Directions Information:

  • Directions: Archer Ave. East or West to 73rd Ct., North to building. Sits on rear of lot

Price Information

Listing Price Info

Price Summary:

  • List Price: $374,999
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MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12212234

Listing Office:

  • Office Name: Compass
  • Office Phone: (630) 974-6750
  • Listing Agent: Kashif Hussain

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:46:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4298919
5
/10
  • Walsh Elementary School

  • 5640 S 75th Ave

  • 0.31 miles

  • Public District Grades KG-4

school-card-donut-4298920
3
/10
  • Otis P Graves Elementary School

  • 6021 S 74th Ave

  • 0.64 miles

  • Public District Grades PK-4

school-card-donut-4298921
3
/10
  • J W Robinson Jr Elementary School

  • 4431 Gage Ave

  • 1.37 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,520. Residents of Cook County, IL typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7318 W Archer Ave

What is the listing price of this property?

The listing price of 7318 W Archer Ave property is $374,999.

What type of property is this?

The property 7318 W Archer Ave is a house located in Summit, Illinois, 60501.

Is this property for sale now?

Active Listing: 7318 W Archer Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 7318 W Archer Ave has 4 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 7318 W Archer Ave is 1926.

Rocket HomesIllinoisCook CountySummit605017318 W Archer Ave

This home is located at 7318 W Archer Ave in Summit, IL and zip code 60501. This home was built in 1926. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 09, 2024 and is currently priced at $374,999.

In November 2024 more than 1159 listings in Cook County, IL were sold above the asking price. During the same period more than 562 listings were sold at asking price, while more than 1728 were sold below. The number of homes for sale in Cook County, IL increased by 1.2% between October 2024 and November 2024. The median list price of listings available in November 2024 was $336,028, while the average time on the real estate market was 29 days.

From Rocket Homes Real Estate and based on county public records data.

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