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  • $349,880

    7318 W Archer Ave, Summit Argo, IL 60501

    4beds
    --sqft
    : 
    Multi Family
    Built in 1923
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    165 days
    |
    567
    |
    48
    |

    Zillow last checked: 8 hours ago

    Listing updated: November 08, 2025 at 10:06pm

    Listing courtesy of:

    Hisham Bedeir, ABR,PSA,RSPS,SRS 630-935-6527,

    Compass

    Source: MRED as distributed by MLS GRID,MLS#: 12398404MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Den
    Bathroom
    • Features: Separate Shower
    Heating
    • Natural Gas, Forced Air, Baseboard
    Features
    • Basement: None

    Property

    Parking
    • Total spaces: 8
    • Parking features: Off Street, Other
    Features
    • Exterior features: Lighting
    • Fencing: Fenced,Chain Link
    Lot
    • Dimensions: 29.9X125.5X29.9X125.6
    • Features: Corner Lot, Landscaped
    Details
    • Parcel number: 18124170220000
    • Special conditions: List Broker Must Accompany

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Brick
    Condition
    • New construction: No
    • Year built: 1923
    • Major remodel year: 2024

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Sidewalks, Street Lights, Street Paved
    Location
    • Region: Summit Argo

    Financial & listing details

    • Annual tax amount: $8,256
    • Date on market: 7/6/2025
    • Ownership: Fee Simple
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    11/3/2025Listed for sale$349,880
    Source: MRED as distributed by MLS GRID #12398404 Report a problem
    10/9/2025Contingent$349,880
    Source: MRED as distributed by MLS GRID #12398404 Report a problem
    8/4/2025Listed for sale$349,880
    Source: MRED as distributed by MLS GRID #12398404 Report a problem
    7/26/2025Contingent$349,880
    Source: MRED as distributed by MLS GRID #12398404 Report a problem
    7/6/2025Listed for sale$349,880+7.7%
    Source: MRED as distributed by MLS GRID #12398404 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $2,366/mo
    Principal & interest
    $1696
    Property taxes
    $548
    Home insurance
    $122

      Climate risks

      Neighborhood: 60501

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • High: Argo Community High School
      • District: 104

      Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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