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7318 W Archer Avenue
Summit IL 60501 US

$349,880

Active Under Contract Listing ID 12398404
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4 bed
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Other

$349,880

Active Under Contract Listing ID 12398404
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7318 W Archer Avenue 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.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Corner Lot, Fencing, Lighting
  • Heating Fuels: Baseboard, Forced Air, Natural Gas

School Information

  • School
  • Argo Community High School(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 349880
  • unparsedaddress: 7318 W Archer Avenue
  • postalcity: Summit
  • stateorprovince: IL
  • country: US
  • postalcode: 60501
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Hisham Bedeir
  • listagentemail: hisham@bedeirkazmi.com
  • listagentkey: 3yd-MREDIL-243713
  • listagentmlsid: 243713
  • listagentpreferredphone: 6309356527
  • listagentofficephone: 6309746750
  • listofficekey: 3yd-MREDIL-27034
  • listagentstatelicense: 471020212
  • listofficemlsid: 27034
  • disclaimer: Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1923
  • listingcontractdate: 2025-07-06
  • listagenturl: https://www.compass.com/
  • countyorparish: Cook
  • parcelnumber: 18124170220000
  • highschool: Argo Community High School
  • elementaryschooldistrict: 217
  • middleorjuniorschooldistrict: 217
  • highschooldistrict: 217
  • heating: Baseboard, Forced Air, Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 8
  • waterfrontyn: False
  • exteriorfeatures: Corner Lot, Fencing, Lighting
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Den
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"hisham@bedeirkazmi.com", "ListBrokerageCity":null, "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass Real Estate", "ListBrokeragePhone":null, "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":null, "ListBrokerageWebsiteUrl":"https://www.compass.com/", "ListOfficeAddress1":"1 Grant Square Suite 201", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Hinsdale", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"60521", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income - Summit, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/7318-W-Archer-Ave-Apt-1_Summit-Argo_IL_60501_M93034-93203?f=listhub&s=MREDIL&m=12398404&c=rexren", "MLSModificationTimestamp":"2025-10-09T12:02:02Z", "Neighborhoods":[{"Description":null, "Name":"Summit"}], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Residential Income", "RoomCount":11, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":8256, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/9/2025 6:05:47 PM GMT
Source Updated Date: 12/6/2025 6:55:43 PM GMT

Courtesy of: Hisham Bedeir, Compass, hisham@bedeirkazmi.com

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.