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32672020
32671995

6135 S Archer Avenue, Summit, IL 60501

JM
IL IL 471008761
The Leading Realtors Corp
Listed by The Leading Realtors Corp
$859,000
21 days on market
Updated 0 days ago
Opportunity zone

6135 S Archer Avenue

Details
APN 18133080010000
Property Type Mixed Use
Sub Type Mixed Use
Units 4
NOI $33,776
Year Built 2010
Stories 2
Lot Size (SqFt) 3,555
Zoning COMMR

Mixed Use

Marketing description

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.
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Listing Contacts

JM
IL IL 471008761
The Leading Realtors Corp
Listed by The Leading Realtors Corp

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$33,776.00
$2,814.67/mo

Valuation Metrics

0
DSCR
3.93%
Cap Rate
3.93%
ROI

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Additional Information

Name
Jim Mantas
License
IL 471008761
Brokerage
The Leading Realtors Corp
Brokerage Phone
6304559995
Title
Managing Broker
Brokerage Address
15717 Shire Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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