O'Neil Property Group
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$849,900
120 Days On Site

7450 W Archer Avenue
Summit, IL 60501

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
1893
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of @properties Christie's International Real Estate
7450 W Archer Avenue7450 W Archer Avenue7450 W Archer Avenue7450 W Archer Avenue
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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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Listing Snapshot
Priceย 
$849,900
Days On Siteย 
120 Days
Bedroomsย 
N/A
Inside Area (SqFt)ย 
N/A
Total Bathsย 
N/A
Full Bathsย 
N/A
Partial Bathsย 
N/A
Lot Sizeย 
N/A
Year Builtย 
1893
MLSยฎ Numberย 
12654433
Statusย 
Active
Property Taxย 
$7,450
HOA/Condo/Coop Feesย 
N/A
Sq Ft Sourceย 
N/A
Friends & Family
Recent Activity
4 months agoListing updated with changes from the MLSยฎ
4 months agoStatus changed to Active
4 months agoListing first seen on site
General Features
Additional Property Useย 
Commercial
Property Sub Typeย 
Mixed Use
Zoningย 
COMMR
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Community Features
MLS Areaย 
Summit
Townshipย 
Lyons
Listing Courtesy of MRED as distributed by MLS Grid of @properties Christie's International Real Estate



Based on information submitted to the MLS GRID as of 2026-09-25 10:03 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Last checked: 2026-09-25 10:03 AM UTC
MRED DMCA Copyright Information Copyright ยฉ 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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