Exceptional mixed-use opportunity in the heart of Summit! Ever dreamed of owning a spa, sauna, private club, banquet venue, or upscale hospitality space? This one-of-a-kind property offers endless possibilities. The two-story building features two fully rented second-floor apartments occupied by long-term, reliable tenants, providing steady income. The expansive 2,800 sq. ft. main level is ideal for a spa, recreation center, cafe, restaurant, private event venue, or banquet hall. The lower level showcases luxurious, high-end sauna facilities built with no expense spared - a truly impressive space designed for relaxation and entertainment. This is a rare chance to acquire a highly visible property in a prime Summit location at a price below current construction costs. An outstanding investment and owner-user opportunity with tremendous potential.
— the listing agent’s description
The home
Built in 2010
Lot 34 X 103
Mixed Use
What it’ll cost
$23,825 taxes / yr
No HOA
Listed $980,000
Now $859,000
27 days on dwello
Estimated monthly payment
$6,803/mo
Principal & interest$4,567
Property taxes$1,985
Homeowners insurance$251
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Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.
Features
Central AirBrick
Schools nearby
Saint Blase School · 0.3 mi
Zion School · 0.4 mi
Wharton Elementary School · 0.4 mi
Argo Community High School · 0.5 mi
Graves Elementary & Heritage Middle Schools · 0.5 mi
This listing didn’t include assigned schools, so these are the closest schools (OpenStreetMap) — not necessarily the attendance-zoned schools. Confirm assignment with the district.