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Price cut: $140,000
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Retail/Stores · Summit, IL
$235,000$375,000
beds · baths
6244 S Archer Road, Summit, IL, 60501
A brick-and-mortar place to make your own — room to make it home.
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What’s special

Well-located neighborhood retail/strip center opportunity along highly traveled Archer Avenue in Summit, Illinois. This single-story property consists of approximately 4,500 square feet across three individual retail units, each roughly 1,500 square feet, offering flexibility for investors or owner-users. Situated on a 120 x 180 lot, the building provides excellent street exposure and frontage on Archer Road, a key commercial corridor serving the surrounding residential and business communities. The property is zoned MX and was originally constructed in 1919, offering a classic retail footprint adaptable to a variety of uses. The building is currently configured for multiple tenants and features forced-air gas heat, window-unit air conditioning, circuit breaker electric, and on-site utilities. Total reported annual income is $22,800, with individual spaces available, making this an attractive value-add or repositioning opportunity. Ideally suited for retail, service, or neighborhood-oriented businesses seeking visibility and accessibility in a dense Cook County market.
— the listing agent’s description

The home

Built in 1919
Lot 120X180
Retail/Stores

What it’ll cost

$34,412 taxes / yr
No HOA
Listed $375,000
Now $235,000
241 days on dwello

Estimated monthly payment

$4,187/mo
Principal & interest$1,250
Property taxes$2,868
Homeowners insurance$69
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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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241 days on dwello
Price history
Price reduced
Jul 8, 2026
↓ $140,000$235,000
Listed for sale
Nov 11, 2025
$375,000
Now $140,000 below the original list price.
Property taxes
2025
Annual tax bill (MLS)
$34,412/yr
Assessed value
2025
County assessor
$98,216
2024
$98,216
2023
$98,216
2022
$71,308
2021
$71,308
2020
$71,307
2019
$68,179
2018
$68,179
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Window Unit(s)
Neighborhood
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MLS listing dataMRED
Listed by Frank Paganis · Coldwell Banker Real Estate Group
Listing last updated Jul 8, 2026 · data refreshed from the MLS Jul 8, 2026, 5:08 AM CT
Based on information submitted to the MLS GRID as of Jul 8, 2026, 5:08 AM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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