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$850,000
Est. payment /mo
3,448 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,448 sqft
Price per Sqft $246
MLS Listing ID 12616718
Year Built 1954
Annual Tax Amount $18,000
Tax Year 2024
Lot Dimensions 175x104
Property Sub-Type Mixed Use
Property Description
For Sale - Prime Mixed-Use / Investment Opportunity Exceptional opportunity to own a high-visibility property on Archer Avenue in the heart of Willow Springs! This versatile asset offers strong potential for owner-users, investors, or redevelopment. Situated on a well-traveled corridor, the property benefits from excellent frontage and exposure, making it ideal for retail, office, or mixed-use applications. The building features approximately 3,000+ sq ft of space, with flexible layout options to accommodate a variety of business or residential configurations. The site sits on a generous lot with ample parking, providing convenience for customers, tenants, or employees. With easy access to major roadways and surrounding suburbs, this location supports steady traffic and long-term growth. Investment Highlights: Immediate cash flow from gaming machines + bar-front retail, complemented by residential apartment income Three lots of record, a rare land play enabling expansion, redevelopment, or additional income streams High-traffic Archer Avenue corridor with direct access to I-294 & I-55-critical drivers of tenant success and long-term occupancy Value-add land utilization: excess land supports EV charging, food truck activation, or parking monetization, aligning with growing demand for flexible, mixed-use sites 30+ year operating history-established brand presence and proven location durability Demand driver location: strong community and busy traffic corridor across the street generating consistent daily traffic. Recently renovated retail component ($150K-$200K invested), delivering a modern, turnkey income stream. Today's CRE market is favoring smaller, income-producing assets with flexibility and multiple revenue channels, especially those that can adapt to mixed-use or alternative income strategies. This property directly aligns with that trend, offering both stability today and scalability tomorrow.
Location
State IL
County Cook
Area Willow Springs
Zoning OTHER
Interior
Cooling Central Air
Flooring Tile, Wood
Fireplace N
Building
Dwelling Type Mixed Use
Structure Type Brick,Wood
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Listed by Ritesh Patel of ARNI Realty Incorporated
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