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7450 W Archer Avenue Summit, IL 60501

$849,900
New / MLS# 12654433 / Commercial - Business / Summit
0 Beds

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.

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Baird & Warner Colleen Thacker Email

Property Details

Property Type: Commercial - Business
Cooling: None
Lot Size: 0.46 Acres
Taxes: $15,767
Year Built: 1893

Feature Descriptions

Current Use: Commercial
Electric: None
Fire Protection: None
HVAC: None
Lot Dimensions: 20000
Parcel#: 18124140200000
Potential Use: Commercial

Location

See details and scored characteristics about this location.

Listing Office: @properties Christie's International Real Estate

Listing Office Phone: 847-295-0700



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