IL > Summit
Summit, IL 60501,7318 W Archer AVE
See all 20 photos
Summit, IL 60501,7318 W Archer AVE
Summit, IL 60501,7318 W Archer AVE
Summit, IL 60501,7318 W Archer AVE
Summit, IL 60501,7318 W Archer AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Wed
31
Dec
2026
1
Jan
Fri
2
Jan
Samuel Stella

Samuel Stella

Stellar Results Realty

+1(224) 426-4652
$ 339,900
Est. payment /mo
Save
Price Dropped by $9K

7318 W Archer AVE Summit, IL 60501

4 Beds

2 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12398404

Bedrooms 4

Year Built 1923

Annual Tax Amount $8,256

Tax Year 2023

Lot Dimensions 29.9X125.5X29.9X125.6

Property Sub-Type Two to Four Units

Property Description

Well-maintained all-brick two-flat in a prime Summit location just off Archer Avenue, priced to move and full of upside. Zoned R-4 with B-2 overlay potential, this is a rare opportunity to own a flexible property in a high-demand pocket-ideal for investors or live-in owners. Each unit offers 2 bedrooms, 1 bathroom, a four-season front room, updated kitchens with stainless steel appliances and dishwashers, and separate private laundry. The building has been thoughtfully upgraded with copper plumbing, separate forced-air heating with central air, and tenants pay all utilities except water. The upper unit is leased through 2026, but the tenant is open to early move-out for an owner-occupant buyer. The lower unit is vacant and ready to go, perfect for immediate occupancy or rental. Off-street parking available through the Village of Summit with permit. Whether you're looking to generate immediate income, house hack, or convert to a hybrid commercial use-this one checks all the boxes. Property is being sold AS-IS. Bring your vision, and act quickly-opportunities like this don't last.

Location

State IL

County Cook

Area Summit

Rooms

Basement None

Interior

Heating Natural Gas, Forced Air, Baseboard

Fireplace N

Exterior

Exterior Feature Lighting

Community Features Sidewalks, Street Lights, Street Paved

Utilities Available Cable Available

Building

Lot Description Corner Lot, Landscaped

Dwelling Type Two to Four Units

Building Description Vinyl Siding,Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Vinyl Siding,Brick

New Construction false

Schools

High Schools Argo Community High School

School District 104 , 104, 217

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Hisham Bedeir of  Compass 
Samuel Stella

Samuel Stella

Designated Managing Broker / Owner | License ID: 471.021016

+1(224) 426-4652

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Stellar Results Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

7318 W Archer AVE

QUICK SEARCH
There are 33 quick searches