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7400 Archer Road
Justice IL 60458 US

$680,000

Active Listing ID 12001468
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Mixed Use

$680,000

Active Listing ID 12001468
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7400 Archer Road Great opportunity for the savvy entrepreneur to purchase long standing, well-established, free-standing, mixed use building offering retail space and residential rental unit. Current use as bar/restaurant provides excellent cash flow. Additional income provided by multiple video gaming terminals, with room for more. This charming and unique bar & restaurant has been part of the community since 1963. Opportunity to keep current business model or change to yours. 3, 275 square feet free standing building houses bar/restaurant and large vacant 2-bedroom apartment, providing opportunity for additional residential income. The real estate includes .75 acres of land composed of two separate parcels. The building is situated on .36 acres with the second parcel being mainly vacant and gravel, consisting of nearly .39 acres. The bar & restaurant has so much history, charm, and character. Turn-key opportunity. 5 video gaming terminals currently, with room for more. Functional kitchen. Full basement allows for additional storage. Large outdoor grass picnic area with stage, perfect for parties, picnics, and music. Expansive outdoor wooden pavilion built in 2019 provides plenty of outdoor seating. Property has been lovingly maintained but being sold "As - Is". Additional information including address, pictures, and financials will only be provided to qualified and vetted buyers. Proof of funds or lender approval letter required. Please do not contact management, staff, or customers directly. Confidentiality agreement to be signed by buyer and agent. On high traffic road with estimated daily traffic counts over 15, 000.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Mixed Use
  • Features
  • Roof Type: Tar/Gravel

Property

  • propertytype: Commercial Sale
  • propertysubtype: Mixed Use
  • listprice: 680000
  • unparsedaddress: 7400 Archer Road
  • postalcity: Justice
  • stateorprovince: IL
  • country: US
  • postalcode: 60458
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 3275
  • livingareaunits: Square Feet
  • listagentfullname: James Chipain
  • listagentemail: jchipain@gmail.com; jimchipain@realtyexecutives.com
  • listagentkey: 3yd-MREDIL-251662
  • listagentmlsid: 251662
  • listagentpreferredphone: 6302439500
  • listagentofficephone: 6302439500
  • listofficekey: 3yd-MREDIL-60913
  • listofficemlsid: 60913
  • disclaimer: Copyright © 2024 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: 1901
  • listingcontractdate: 2024-03-11
  • listagenturl: http://www.realexecutiveselite.com
  • countyorparish: Cook
  • parcelnumber: 18261090370000
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Tar/Gravel
  • waterfrontyn: False
  • franchiseaffiliation: Realty Executives International
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AlternatePrices":[], "Expenses":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://listings.listhub.net/pages/MREDIL/12001468/?channel=rexren", "LeadRoutingEmail":"jchipain@gmail.com; jimchipain@realtyexecutives.com", "BrokerName":"Realty Executives Elite", "ListingTitle":"Mixed Use - Justice, IL", "ListOfficeBrokerMlsId":null, "ListOfficeEmail":"realtyexecutiveselite@comcast.net", "ListOfficeAddress1":"15400 127th St", "ListOfficeAddress2":null, "ListOfficeCity":"Lemont", "ListOfficePostalCode":"60439", "ListOfficeStateOrProvince":"IL", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"Realty Executives Elite", "ListBrokeragePhone":"(630) 243-9500", "ListBrokerageEmail":"johnbudz@realtyexecutives.com", "ListBrokerageWebsiteUrl":"http://www.realexecutiveselite.com", "ListBrokerageLogoUrl":null, "ListBrokerageUnparsedAddress":"15400 127th Street", "ListBrokerageUnitNumber":null, "ListBrokerageCity":"Lemont", "ListBrokerageStateOrProvince":"IL", "ListBrokeragePostalCode":"60439", "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-03-11T15:25:03Z", "Neighborhoods":[{"Name":"Justice", "Description":null}], "Taxes":[{"TaxYear":"2021", "TaxAnnualAmount":11101, "TaxDescription":null}]}
Listing Changed: 3/26/2024 2:30:19 PM GMT
Source Updated Date: 5/6/2024 6:38:53 AM GMT

Courtesy of: James Chipain, Realty Executives Elite, jchipain@gmail.com; jimchipain@realtyexecutives.com

Copyright © 2024 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.

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