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    7410 W Archer Avenue

    Summit, IL 60501
    • $459,000
    • STATUS: Active
    • ON SITE: 151 days
    • MLS #: 11009908
    UPDATED: 9 min ago
    $459,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,588
      SQFT
    • $82
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    Mixed use building with laundromat. Long time owner has decided its time to retire. Low real estate taxes, Money making laundromat PLUS income from 2 apartments, and office spaces. One office is currently used by owner, additional income possible! Please see I guide for virtual tour. Many updates over the years such as roof, windows, apartment remodels, & mechanicals. Attached 2 1/2 car garage. Owner maintains and manages the laundry.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-08-03T22:52:16.82 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    7410 W Archer Avenue Summit, IL 60501

    • Price: $459,000
    • Status: Active
    • Updated: 9 min ago
    • MLS #: 11009908
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    5,588
    SQFT
    $82
    $/SQFT
    Neighborhood:
    Summit
    County:
    Cook
    Area:
    Summit
    Property Description
    Mixed use building with laundromat. Long time owner has decided its time to retire. Low real estate taxes, Money making laundromat PLUS income from 2 apartments, and office spaces. One office is currently used by owner, additional income possible! Please see I guide for virtual tour. Many updates over the years such as roof, windows, apartment remodels, & mechanicals. Attached 2 1/2 car garage. Owner maintains and manages the laundry.
    Exterior Features

    Approx Land Sq Footage 753 Construction Materials Brick Frontage Type City Street Parking Total 11 Waterfront YN No

    Interior Features

    Cooling Central AirWall Sleeve Heat Ventilation Central Heat/Indiv ControlsForced AirGas

    Property Features

    Additional Parcels YN No Adj Net Income Year 2019 Adjusted Net Income 0 Annual Rent For Real Estate 41400 Business Age 11+ Years Business Type Dry Cleaner Cost Of Goods Sold 0 Cost Of Goods Year 2019 Current Use CommercialOffice General Information List Broker Must Accompany Gross Payroll 0 Gross Payroll Year 2019 Gross Profit 0 Gross Profit Year 2019 Gross Sales Ann Year 2020 Gross Sales Annual 48033 Inventory 0 Inventory Year 2019 Known Encumbrances None Known Leaseable Area Units Square Feet Lot Size Less Than .25 Acre Lot Size Dimensions 57X125 Net Operating Income Year 2019 Net Profit 55214 Operating Expense 34218 Ownership Type Sole Proprietor Possible Use CommercialOffice And Research Property Offered For Sale Only Real Estate Included YN Yes Sale Includes LandBuildingBusinessEquipmentTrade FixturesInventoryOwner Will TrainBusiness Name Sales Taxes 0 Sales Taxes Year 2019 Tax Annual Amount 16457 Tax Year 2019 Tenant Pays Air ConditioningElectricity Total Operating Expenses Year 2019 Type Bus / Bus W/Real Est Type Of Lease None Unincorporated YN No Zoning Commr

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Homesmart Realty Group.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-08-03T22:52:16.82 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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